USD/JPY Forecast June 25, 2012, Technical Analysis
The USD/JPY pair rose during the Friday session as the Yen weakened overall. The 80 level looks very resistive overall, and the top of this resistance level is the 80.50 spot.
Month: June 2012
EUR/USD Forecast June 25, 2012, Technical Analysis
The EUR/USD pair had a fairly quiet session on Friday as the 1.25 level continue to hold the support. However, it does in fact look like we are trying to form some type of bearish flag.
USDCAD Analysis – June 23, 2012
USDCAD remains in downtrend from 1.0445, the rise from 1.0159 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0000. Key resistance is at 1.0445, only break...
USDCHF Analysis – June 23, 2012
USDCHF may be forming a cycle bottom at 0.9421 on daily chart. Key resistance is at 0.9600, a break above this level will indicate that the uptrend from 0.8931 has resumed, then further rise towards 1.0000 could...
USDJPY Analysis – June 23, 2012
USDJPY is facing 80.61 key resistance, a break above this level will confirm that the downward movement from 84.17 has completed at 77.66 already, then the following upward movement could bring price to 83.00 area. Support is...
AUDUSD Analysis – June 23, 2012
AUDUSD may be forming a cycle top at 1.0223 on daily chart. Further decline would likely be seen next week, and next target would be at 0.9850 area. However, the fall from 1.0223 would possibly be consolidation...
GBPUSD Analysis – June 23, 2012
GBPUSD may be forming a cycle top at 1.5776 on daily chart. Further fall to test 1.5268 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from 1.6301, then next...
EURUSD Analysis – June 23, 2012
EURUSD may be forming a cycle top at 1.2747 on daily chart. Key support is now located at 1.2500, a breakdown below this level will indicate that the downtrend from 1.3486 has resumed, then further decline towards...
Quarterly Review of Changes in the Currency Futures Trade
Following the expiration of the currency futures each quarter, we like to analyze the remaining volume of open trades. In doing so, we attempt to glean information about trader participation and preferences in the currency markets.
USD/JPY Forecast June 22, 2012, Technical Analysis
The USD/JPY pair had a fabulous day as the market shot straight up and past the 80 handle. However, there end of the resistance isn’t until we get over the 80.50 level, and we are just shy...