INTRA-DAY USD/JPY: Last Update At 24 Aug 2011 04:22 GMT Range Forecast76.50 / 76.80 Resistance/SupportR: 76.93 / 77.22 / 77.30S: 76.47 / 76.25 / 75.95
Market Review – 23/08/2011 21:56 GMT Dollar falls on hopes of further monetary easing from Fed The greenback dropped against most of its major counterparts on Tuesday as weak U.S. data fuelled speculation that U.S. Federal Reserve...
The yen and franc retreated on fears of intervention of Japan and Switzerland
ForexPros Daily Analysis August 23, 2011 Euro in Wedge. Pound in Longs. Yen Edging Lower Euro: On the daily, the euro is between its short at 1.4388, with a target at 1.4334 and a long at 1.4288,...
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
The pair continues to be well bid s it seems to have found some good support on top of the 200 moving average and the 1,03 level.
The pair continues to consolidate (2 weeks range) after its bounce on top of 0,94 and a test of parity. We consider that a major bottom is in place.
The pair continues to consolidate after its sharp from its record low (0,7070) as market participants are now waiting for the next move from the SNB.
The pair continues to consolidate but seems to carve out a material base on top of its historical low (76,00).
We continue to hold a slight bullish bias on the pair but the outlook is not very clear considering the overall lack of volatility.