ForexPros Daily Analysis March 4, 2010 Fundamental Analysis: US Unemployment Rate Traders of the US anticipate the publication of the Unemployment Rate, which is a measure of the percentage of the total labor force that is unemployed...
USD/JPY Open 88.76 High 89.36 Low 88.46 Close 88.84Dollar/Yen decreased on Tuesday, as expected, down to 88.61, closing the day at 88.84. After reaching the lower bottom this morning at 88.46, the currency couple started rising, as...
ForexPros Daily Analysis March 3, 2010 Fundamental Analysis: Interest Rate Decision European traders anticipate the publication of the European Central Bank (ECB) decision on short term interest rate. The decision on where to set interest rates depends...
USD/JPY Open 89.21 High 89.45 Low 88.75 Close 89.12Dollar/Yen rose on Monday after the decreasing data of unemployment rates to very low level came out. The currency couple climbed from 88.75 up to 89.45, closing the day...
USDJPY dropped sharply from 92.14, suggesting that a cycle top has been formed on daily chart. Another fall towards 84.82 previous low is now in favor and a breakdown below 88.57 support will confirm such case.
USD/JPY Open 89.26 High 90.30 Low 88.84 Close 89.04Dollar/Yen continued depreciating on Thursday from the 90.30 top, down to the 88.84 bottom, closing the day at 89.04. The Dollar showed weakness against the Yen this week as...
USD/JPY Open 91.23 High 91.88 Low 90.85 Close 91.12BOJ minutes on Tuesday indicated the necessity for subsidiary policies to insure investor’s trust. Dollar/Yen started declining on Monday from the 91.88 top to 91.02, closing the day at...
USD/JPY Open 91.64 High 92.09 Low 90.16 Close 91.46After rising for 2 weeks starting on 4 February, Dollar/Yen traded quietly on Friday, closing the week at 91.46. As there ate no economic major events for Japan and...
USDJPY broke above the falling price channel on daily chart and bounced sharply to as high as 92.14, suggesting that a cycle bottom has been formed at 88.57 level. Another rise towards 95.00 is now in favor....
USD/JPY Open 91.07 High 91.38 Low 90.16 Close 91.24Dollar/Yen made a significant rise on Thursday from 90.16 to 91.38, breaking the upper limit of the downward channel, formed on the 3 hour chart, and closing the day...
