Technical Analysis Report - USD/JPY
18/08/2016 // 06:28:48 am
General outline :
The currency pair, USD/JPY bounced back to JPY100.77 and moved upward to 101.14, where stops and limits got triggered to lead USDJPY back to JPY100.74.
During the Asian session, the USD/JPY has traded as per our yesterday's forecast. The Yen was weakened by Japan Minister who said that financial authorities are ready to intervene if the exchange rate levels will be inappropriate.
This market is expected to trade around the 100.77 level and within the limits of JPY99.90-JPY101.67 range for some time. The negative downward trend is remains the same
29/09/2016 // 07:44:21 am
Pound was weighed by Shafik’s dovish comments (the BOE deputy) as
29/09/2016 // 07:41:12 am
On wednesday, the US currency dollar rose because of profit fixati
27/09/2016 // 10:33:13 am
The dollar remained under pressure against its major rivals as stocks