USDJPY is moving towards 92.32 key resistance, a breakout of this level will confirm that the long term downtrend from 101.43 has completed at 84.82 already. However, next cycle top on daily chart is nearing, minor consolidation...
USD/JPY Open 91.09 High 91.48 Low 90.20 Close 91.18Dollar/Yen made a decreasing effort on Monday, reaching a bottom at 90.20, but failed to break below it and rose sharply to the 91.23 top, closing the day at...
USD/JPY Open 90.39 High 90.80 Low 88.98 Close 90.44Dollar/Yen failed to continue its bearish movement on Friday after reaching the 88.98 bottom, from where it started climbing up to the 90.80 top, closing the week at 90.44....
USDJPY broke above the falling price channel on daily chart, suggesting another rally towards 92.32 key resistance, a break above this level will confirm that the long term downtrend from 101.43 has completed at 84.82 already.
USD/JPY Open 89.70 High 90.37 Low 88.98 Close 89.95Dollar/Yen did not made significant movement on Thursday, trading within the narrow 88.98 – 90.37 range. On the 3 hour chart, however, the fact that quotes are able to...
AUD The Australian Dollar retreated on Wednesday after news emerged that Australia posted a very disappointing GDP number in the third quarter. To add insult to injury, the previous quarter’s growth figures, which were applauded as a...
USD/JPY Open 89.46 High 89.93 Low 88.60 Close 89.61Dollar/Yen attempted to fall on Monday but the 88.36 support did a good job, preventing further downward pressure and maintaining a valid bullish scenario, as seen on the 1...
USD/JPY Open 88.69 High 89.40 Low 88.36 Close 88.58Dollar/Yen made an unconvincing break of the 89.70 resistance on Friday, therefore bulls ran out of strength and the currency couple started dropping, which continued on Monday, closing the...
Forexpros Daily Analysis Dec 15, 2009 Fundamental Analysis: Interest Rate Decision The Federal Open Market Committee (FOMC) decision on short term interest rate is due out tommorow (Dec 16) in the US.
Being contained by resistance of the upper border of falling price channel on daily chart, USDJPY pulled back from 90.76 level. However, the fall from 90.76 is more likely consolidation of uptrend from 84.82, another bounce towards...
