As the currency pair has remained weak in part due to cross-buying in yen, suggesting caution on our long position entered at 76.55 and indicated support at 76.47-50 needs to hold to retain bullishness for another rebound later. A sustained break of 77.07 (previous resistance) would suggest the retreat from
Trade Idea Update: USD/JPY – Hold long entered at 76.55
August - 31 - 2011
Forex Technical Analysis
August - 31 - 2011
As we are approaching the beginning of September, heavier volumes are executed on the market an the pair will try to escape from last month’s broad range below 1.4580. Trend dynamics is expected to emerge this week, and the focus will be set at 1.4690 and 1.4940 resistance areas.
Forex Technical Analysis
August - 31 - 2011
As we are approaching the beginning of September, heavier volumes are executed on the market an the pair will try to escape from last month’s broad range below 1.4580. Trend dynamics is expected to emerge this week, and the focus will be set at 1.4690 and 1.4940 resistance areas.
Forex Technical Analysis
August - 31 - 2011
As we are approaching the beginning of September, heavier volumes are executed on the market an the pair will try to escape from last month’s broad range below 1.4580. Trend dynamics is expected to emerge this week, and the focus will be set at 1.4690 and 1.4940 resistance areas.
Forex Technical Analysis
August - 31 - 2011
As we are approaching the beginning of September, heavier volumes are executed on the market an the pair will try to escape from last month’s broad range below 1.4580. Trend dynamics is expected to emerge this week, and the focus will be set at 1.4690 and 1.4940 resistance areas.
Equity markets are managing to eke out modest gains today after last night’s dovish FOMC minutes suggested that the Fed are now shifting to a distinctly more dovish tone. In light of the prevailing economic headwinds and high levels of uncertainty surrounding growth prospects both at home and abroad, policymakers
Equity markets are managing to eke out modest gains today after last night’s dovish FOMC minutes suggested that the Fed are now shifting to a distinctly more dovish tone. In light of the prevailing economic headwinds and high levels of uncertainty surrounding growth prospects both at home and abroad, policymakers
Equity markets are managing to eke out modest gains today after last night’s dovish FOMC minutes suggested that the Fed are now shifting to a distinctly more dovish tone. In light of the prevailing economic headwinds and high levels of uncertainty surrounding growth prospects both at home and abroad, policymakers