Tag Archives: USD/JPY

USD/JPY Analysis

The pair opened at Y117.82 after trading a NY range of Y117.57 Y118.98.

Recent topside failures have confirmed the significance of the $1.2506-43 resistance region.

EUR/USD has bounced near the hourly support at 1.2362.

Today’s highlights: EURUSD continues to try to build a near-term base.

EURUSD: A potentially bullish candle was added in the weeklies with the high Fri close counted in.

AUDUSD dipped to 0.8223 and EURUSD softened to 1.2438,

Today focus will be on US data with the release of industrial production.

Recent topside failures have confirmed the significance of the $1.2506-46 resistance region.

The pair started the week at Y118.96 after trading a NY range of Y118.17 to Y119.09.

The pair opened at Y118.55 in NY Friday having fallen steadily from an Asia high of Y119.21 to

Prices obliged our call for a correction higher to 119.15/60 yesterday and

Crude oil fell to fresh lows, the German 10‐year drops to fresh record lows