Technical Analysis Daily: USD/JPY
June 1, 2009 by admin · Leave a Comment
Dollar/Yen was unable to continue the upward movement on Friday. On the 4 hour chart is seen that that the currency couple failed to remain above the key 96.70 resistance level, after which USD/JPY declined, reaching a bottom at 95.05, and closing the week at 95.30. Signals are descending for… Read more….
Forex: USD/JPY recovers its initial losses after US PCE data (The Forex Market)
June 1, 2009 by admin · Leave a Comment
FXstreet.com (Barcelona) – USD/JPY is spiking after the US PCE better than expected data, which showed the income of Americans unexpectedly surged.
USD /JPY: A Steeper Declined Coming?
May 30, 2009 by admin · Leave a Comment
After initially breaking the neck line of our Head and Shoulders formation, the USD/JPY decided to reverse course and move above the neck line. However this rally was short lived as worse than expected GDP numbers were released from the US. This news forced the pair back towards the neck… Read more….
Forex: USD/JPY falls to 95.00 (The Forex Market)
May 30, 2009 by admin · Leave a Comment
FXstreet.com (Córdoba) – The Dollar weakened further today across the board. USD/JPY fall below 95.35 and went to test 95.00. The pair rebounded to 95.20. So far today the pair has fallen 1.75% from opening price. During the American session the pair lost 70 pips.
Forex: USD/JPY reacts down after the US GDP bad data (The Forex Market)
May 29, 2009 by admin · Leave a Comment
FXstreet.com (Barcelona) – USD/JPY has falling 35 pips from 96.00 to test intra-day low at 1.9565 in the first minutes after the worst than expected 1Q US GDP data. Currently the pair is trading around 95.65/75, posting 1.00% daily losses from opening price at 96.70.
Forex: USD/JPY fights for 97.00 (The Forex Market)
May 28, 2009 by admin · Leave a Comment
FXstreet.com (Córdoba) – Yen weakened across the board today. USD/JPY is now attempting to go back above 97.00. So far today the pair has risen 1.67% topping at 97.24. The pair has support at 96.55 (lowest of the American session).
USD/JPY Daily Commentary
May 28, 2009 by admin · Leave a Comment
The USD/JPY is making an encouraging move to the upside, running past our 1st tier downtrend line after Japan announced an asset deficit of roughly $6.61 billion. In other words, domestic investors purchased an excess of $6.61 worth of foreign assets, likely participating in the large U.S. Treasury auctions. This… Read more….
Forex: USD/JPY continues testing 97.05 resistance (The Forex Market)
May 28, 2009 by admin · Leave a Comment
FXstreet.com (Barcelona) – USD/JPY has been testing the 97.05 resistance during the European session after the Dollar rally from yesterday’s low at 94.65 found resistance at the 97.05 level in the early European morning.
USD/JPY Daily Commentary
May 27, 2009 by admin · Leave a Comment
The USD/JPY is rebounding nicely from our 2nd tier uptrend line and critical March 18 lows despite the tensions surrounding North Korea. Additionally, investors are brushing aside a much worse than expected Japanese Trade Balance coupled with a large downward revision in April’s release. Japan’s negative Trade Balance shows global… Read more….
USDJPY: Correcting In The Nearer Term
May 26, 2009 by admin · Leave a Comment
While the pair continues to maintain its downside bias, nearer term corrective upmove is now in progress suggesting higher prices targeting the 95.62 level, its April 28’09 low. We expect that level to turn back the pair lower but if it is taken, further upmove could ensue towards the 96.69… Read more….
Technical Analysis Daily: USD/JPY
May 26, 2009 by admin · Leave a Comment
Yesterday Dollar/Yen made indecisive movement by opening and closing the day at almost the same price. Short term signals are neutral, but the formed hammer from Friday should be a warning for a potential upward correction. Immediate resistance is yesterday’s top 95.20, followed by 96.00. Break above this level may… Read more….
Forex: USD/JPY losts initial gains and falls to 94.75 (The Forex Market)
May 25, 2009 by admin · Leave a Comment
FXstreet.com (Barcelona) – After trading in a small range between 95.00 and 95.20 during the late Asian and European session, the USD/JPY has been rejected by the 95.20 resistance in the early American session and it has fallen around 45 pips to find support at 94.75 (EMA55 level).
Forex: USD/JPY hits 94.90 (The Forex Market)
May 23, 2009 by admin · Leave a Comment
FXstreet.com (Córdoba) – The Dollar rose against the Yen in the final hours of the American session after rebounding at 94.30. USD/JPY broke above 94.70 to 94.92 (intra-day high). Greenback is recovering yesterday’s losses.
Forex: USD/JPY rebounds to 94.40 after reaching 93.95 (The Forex Market)
May 21, 2009 by admin · Leave a Comment
FXstreet.com (Córdoba) – Yen rose against the Dollar making USD/JPY fall below 94.00 for the firs time since March. The pair bottom at 93.95 and rebounded to 94.36. Now is testing above those levels attempting to break the resistance zone at 94.40. Dollar continues under pressure across the board.
Forex: USD/JPY: Dollar rises to 96.65 resistance level (The Forex Market)
May 19, 2009 by admin · Leave a Comment
FXstreet.com (Barcelona) – USD/JPY bounce at 94.55 has reached above long 96.10 (38.20 Fib retracement of the Aug-Dec decline) reaching an intra-day high at 96.65 (may 13 high), a level which is being tested at the moment.
Technical Analysis Daily: USD/JPY
May 19, 2009 by admin · Leave a Comment
Yesterday Dollar/Yen made a significant upward correction. The currency couple made a top at 96.47 and closed the day at 96.29. Short term signals are neutral. The nearest and important key resistance level is 96.75, the break of which could cause increasing momentum with targets towards 97.90. Immediate support is… Read more….
USD/JPY tests 96.30 (The Forex Market)
May 18, 2009 by admin · Leave a Comment
FXstreet.com (Córdoba) – Dollar is rising against Yen after reaching the lowest price since March 20 at 94.54. USD/JPY rose to 96.33 fresh intra-day high. Current price for the pair is 96.25 which is 1.26% above opening price.
Forex: USD/JPY launches a new assault to 96.00 resistance level (The Forex Market)
May 18, 2009 by admin · Leave a Comment
FXstreet.com (Barcelona) – After rising around 35 pips in the last hour from 95.75 to reach 96.10, fresh intra-day high, the USD/JPY has launched a new assault to the 96.00 resistance level. The pair has been testing this level during the European session but it couldn’t break it.
Forex: USD/JPY tests 96.00, intra-day high (The Forex Market)
May 18, 2009 by admin · Leave a Comment
FXstreet.com (Barcelona) – The Dollar is continuing its recovery from its lowest level in two months at 94.55 against the Yen and the USD/JPY is testing 96.00 level after rising around 40 pips in the last hour form 95.60. Currently the pair is trading around 95.80/96.00, 0,85% above today’s opening price.
USD/JPY Daily Commentary
May 15, 2009 by admin · Leave a Comment
The USD/JPY continues to struggle, heading beneath our 1st tier downtrend line. The currency pair briefly traded below the psychological 95.00 level today, but bulls quickly came to the rescue. However, the fact that the USD/JPY dipped below our 1st tier uptrend line is a negative sign for the near-term…. Read more….
