Japanese Yen Remains Vulnerable in Near Term Japanese Yen Remains Vulnerable in Near Term Focus remains on the all time low just below 8000 (1995 low) for the USDJPY. A multi month channel defines the near term trend but RSI divergence on the daily (multiple times over the past several months) warns of a reversal. Near ...
Forex: EUR/JPY remains weak under 109.00 FXstreet.com (Barcelona) – The EUR/JPY fell to a fresh 7-week low on Friday, as investors rushed to the safety of the Japanese yen on high risk aversion. The pair was able to come off lows by closing bell, yet remains in range to break lower in early trading Monday. Read more ...
Forex: USD/JPY remains near 85.00 FXstreet.com (Barcelona) – The USD/JPY dropped around 40 pips after the New York close, finding firm support around 85.00 in the early hours over Asia. The pair has attempted to rebound from that session low, however currently remains heavily weighed on high risk aversion quoting at 85.06 at time of writing. Read ...
Japanese Yen Positioning Remains at Extreme Levels Read more on Daily FX via Yahoo! Finance ...
Swiss Franc and Yen Offers Stand Out While Buck Remains Under Pressure Against Other Currencies Quite often, it is the times that investors least expect it, that the markets will once again shift and assume a different course. Read more on Daily FX via Yahoo! Finance ...
Euro Focus Remains on 13115/85 The EURUSD drop below 12863 may have completed an expanded flat from 13010. As such, price may continue higher towards the long cited target zone of 13115-13185. Read more on Daily FX via Yahoo! Finance ...
Euro Struggles to Maintain Rally, British Pound Remains Under Pressure The Euro is the best performing currency against the U.S. dollar on Wednesday, but the intraday rally looks to be tapering off during the North American trade, while the British Pound weakened for the second-day and the currency may continue to lose ground throughout the day ...
Dollar Remains on the Defensive vs Major Currencies EURUSD: Shallow Rebound Mounted at Trend Line USDJPY: Sellers Return, Eye Push Below 90.00 Level GBPUSD: Bulls Continue Testing Fib Resistance USDCAD: Trend Line Support Broken, 1.02 in Sight AUDUSD: Prices Confined in Wide Trading Range NZDUSD: Fib Resistance Falls, Hinting Further Gains Read more on Daily FX via ...
Forex: EUR/USD remains weak, trading below 1.2000 FXstreet.com (Barcelona) – The Euro remains moving in a range between 1.1900/10 support area and 1.1980/90 on the upside, consolidating right above 4-year low at 1.1875 hit on Monday and unable to regain levels above 1.2000 psychological resistance. Read more on The Forex Market ...
Euro Remains Under Pressure Ahead of ECB Rate Decision Fundamental Outlook The European Central Bank is widely expected to keep their benchmark interest rate unchanged at 1.00% amid the brewing sovereign debt crisis. Policy makers are also unlikely to remove stimulus measures until the crisis is over in order to aid governments who are slashing spending ...
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