USD/JPY Open 87.67 High 88.45 Low 87.04 Close 87.70 On Wednesday Dollar/Yen increased significantly, not matching the positive Interbank sentiment at nearly -1%. The currency couple climbed from 87.04 to 87.80 yesterday, closing the day at 87.70....
EURUSD The pair was able to achieve yesterday’s awaited ascending actions to touch the primary target around 1.2670, where it continues to move within the minor bullish channel shown in the image below.
EURUSD The pair is approaching the awaited support around 1.2540, accompanied by Stochastic riding of negative momentum appearing on it. Therefore, morning expectations will remain intact as long as trading remains above 1.2470.
USD/JPY Open 87.52 High 87.97 Low 87.02 Close 87.51 On Tuesday Dollar/Yen traded hesitantly and within a range, not exactly matching the positive Interbank sentiment at nearly -12%. The currency couple first climbed to 87.97, from where...
EURUSDThe pair was able to surpass 1.2600 to achieve its highest level yesterday around 1.2660, but due to the negative pressure on the pair to attempt some bearish correction; therefore we can expect to build a base...
EURUSD The pair rushed to the upside but was unable to stabilize above 1.2600. Stochastic lost the bullish momentum, which could push the pair lower to retest the morning suggested areas before resuming to the upside; targets...
EURUSD The pair is approaching the retesting levels as shown yesterday around 1.2470 and has bullishly rebound due to the positivity of momentum indicators. The expected direction for today is bullish , supported by momentum indicators, alongside SMA 50 that protects...
USD/JPY Open 87.74 High 88.17 Low 87.52 Close 87.70 On Friday Dollar/Yen recorded insignificant decrease, not matching the positive Interbank sentiment at around +8%. The currency couple depreciated from 88.17 to 87.52 on Friday, closing the week...
EURUSD The pair was able to insure a breach of the neckline at 1.2470 to activate the bullish technical pattern shown in our previous reports, where it succeeded in surpassing resistance for the main bearish channel shown...
USDJPY broke below 88.14 key support, suggesting that the bounce from 84.82 has completed at 94.98 already. Now the fall from 94.98 could possibly be resumption of long term downtrend from 124.16 (2007 high). Deeper decline is...
