USD/JPY Resistance Turned Support March 12, 2014
USD/JPY might be in for a quick pullback to an area of interest before resuming its rally.
Japanese Yen
USD/JPY Forecast March 5, 2014, Technical Analysis
The USD/JPY (yen) pair rose significantly during the session on Tuesday, as the bottom of the consolidation yet again offered support.We are longer-term bulls when it comes to this pair, and believe that the next significant barrier to get past as the 103 level.
On a slow news day, with only Construction PMI on the horizon in the UK, Ukraine will continue to dominate.
On a slow news day, with only Construction PMI on the horizon in the UK, Ukraine will continue to dominate.
Short-Term USD/JPY Daily Analysis – January 6, 2014
USDJPY stays within a upward price channel on 4-hour chart, and remains in uptrend from 96.94 (Oct 25, 2013 low), the fall from 105.44 could be treated as consolidation of the uptrend.
Steroids, implants and botox – just what the Yen needed!
The Bank of Japan took control of it’s currency in grand style last week, having duly selected the largest hypodermic they could find, filled it with steroids, and then injected a syringe full directly into the artery of the dollar yen.
USD/JPY preparing to attack 100.00 level !
The USD/JPY appears to have run into a slight headwind in the short term on the daily chart, at the 96.60 area, with the pair having tested this price level on three occasions over the last 10 days, before pulling back.
U.S. Dollar Trading Higher Against Yen
The U.S. Dollar is trading higher against the Japanese Yen during the mid-morning U.S. session going into the weekend.
New Zealand Dollar Rebound Threatened by Dovish RBNZ
The New Zealand Dollar was the second best performer this week, finishing just 0.12 percent lower against the top performer, the Australian Dollar. The Kiwi crushed the safe haven currencies, the Japanese Yen and the US Dollar, appreciating by 3.72 percent and 2.05 percent, respectively. As Currency Strategist Ilya Spivak frequently notes, the New Zealand Dollar has a very tight correlation to the MSCI World Stock Index, so the commodity currency is at bay to global risk trends.
USD Outlook Propped Up By Bernanke, JPY Reversal To Accelerate
The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.05 percent higher from the open after moving 77 percent of its average true range, and the greenback may continue to recoup the losses from earlier this month as Fed Chairman Ben Bernanke softens his dovish tone for monetary policy
USD Index Searches for Support- JPY Losses to Soften the Blow
The greenback is markedly weaker at the close of North American trade with the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) off by 0.67% on the session after moving a full 135% of its daily average true range. The losses come on the back of a stellar performance in equity markets with a rebound in risk appetite fueling a broad-based rally in stocks amid speculation that the ECB will
You must be logged in to post a comment.