Tag Archives: USD/JPY

USDJPY – base projection and symmetry target align at 120.75

Prices reached and went right through the 119.65/80 targets laid out yesterday.

Layers of resistance remain in the $1.2456-1.2532 region with the bounce from fresh 2014 and

The JPY regained some lost ground today as the US dollar entered a period of profit-taking and

Oil is weak, as WTI falls back below $67, on conflicting headlines from Saudi;

Today’s highlights: USDJPY spotlight stays on our core 120.00/10 target,

After its overnight rally, the USD is marginally stronger against the major currencies in Asia.

EUR/USD has resumed its underlying downtrend by breaking to

The main event is the ECB meeting. We expect the ECB to keep the powder dry

Recent failures at the falling daily trend line have resulted in fresh 2014 and 2 year lows with

Another day of losses for the JPY with the dollar edging closer to the Y120.00 mark vs. the yen,

The 1.618 relationship between wave-1 and wave-3 on the daily chart means that we

The focus into the open is the significant USD rally that has driven most majors to fresh lows;