Technical Analysis Report - USD/JPY
19/09/2016 // 03:29:27 am
The USD lost some ground against the yen due to uncertain U.S. statistics which makes us doubt of a Fed rate-hike in September.
On Friday, the currency pair USD/JPY traded at the monthly pivot point and the mood of the market is still negative. The Sellers were able to push the price lower on Friday. The session marked it's lowest at 101.68. The price broke the 100 and 200 EMAs, but remained close to them after the break. The 4 hours chart displays a neutral picture of the moving averages are neutral. The resistance marks at 102.50, the support exists at 101.40.
The overall outlook remains bullish, for rise towards 102.50 resistance area. The second buyers’ target is the mark 103.00.
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