USD/JPY Open 90.41 High 91.38 Low 90.23 Close 90.66On Friday Dollar/Yen continued the main decreasing trend, in line with the Interbank sentiment at around -60%. The currency couple depreciated from 90.93 to 90.54 on Friday, closing the...
EURUSDThe pair continued the bullish wave, shown in the previous weekly report nearing from resistance for the main descending channel that meets with 38.2% Fibonacci correction at 1.2565.
No changed in our view, USDJPY is forming a sideways consolidation in a range between 88.14 and 94.98. Another rise towards 94.98 previous high would more likely be seen before breaking below 88.14 key support.
EURUSD The pair touched the support for the mentioned ascending channel at 1.2360, as we await a bullish rebound to the upside as our expectations remain intact unless a base is established below 1.2325.
EURUSD The pair continues its upside push within the ascending channel shown in our previous reports, due to the effect of yesterday’s breached bullish technical pattern at 1.2325. Momentum indicators are showing some negativity that may cause...
EURUSD The pair rushed to the upside to return within the ascending channel shown above, while at the same time activating the bullish technical pattern after breaching the neckline at 1.2325. From here, we expect a bullish...
ForexPros Daily Analysis June 17, 2010 Fundamental Analysis: BoC Gov Carney Speaks Canadian traders await the speech by governor Carney, to take place tomorrow, June 18th. Mark Carney, Bank of Canada governor, 2008-2015. As head of Canada’s...
USD/JPY Open 91.41 High 91.78 Low 91.14 Close 91.43On Wednesday Dollar/Yen continued trading with a slight decrease, in line with the Interbank sentiment at around -56%. The currency couple depreciated from 91.78 to 91.78 yesterday, closing the...
EURUSDThe negative pressure on the pair has caused a direct negative impact on momentum indicators as the pair descends towards support for the minor upside channel, shown below in the four hour chart.
EURUSD The pair touched the mentioned retest level from this morning, where it is currently at 1.2290 as the four hour candlestick closing builds a base above it. Therefore, our morning expectations remain valid as far as...
