International Business Times

USD/JPY Daily Technical Analysis

USDJPY: Bearish, Trades Below The Broken Trendline.

With USDJPY selling off through its rising trendline on Thursday and following through lower, further corrective weakness is likely. Support comes in at the 95.54 level where a violation will aim at the 95.00 level. Further down, support stands at the 94.00 level. Its daily RSI is bearish and pointing lower supporting this view.

By Mohammed Isah | Jun 07 | FX Tech Strategy

USDJPY: Bullish, Looks To Extend Further Upside

Our outlook on USDJPY remains to the upside with a recapture of the 103.00 level on the cards. Further out, resistance resides at the 103.50 level followed by the 104.00 level. Its daily RSI is bullish and pointing higher supporting further upside. On the downside, initial support lies at the 101.25 level where a breach will create scope for more downside towards the 99.93 level.

By Mohammed Isah | May 16 | FX Recommends

EU Morning Report - Dollar losing across the board

The euro (EUR) climbed as much as 130 pips yesterday afternoon against the US dollar (USD). The single currency has gained on dollar weakness touching 1.

By NikolasX | May 01 | Easy Forex

EU Morning report - EU periphery bond yields drop

The euro (EUR) appears strong against most of its major counterparts, early in the European session. The single currency got a boost from news that Spanish and Italian bond yields improved for yet another auction.

By NikolasX | Apr 30 | Easy Forex

EU Morning Report - Dollar losing across the board

The euro (EUR) climbed as much as 130 pips yesterday afternoon against the US dollar (USD). The single currency has gained on dollar weakness touching 1.

By NikolasX | May 01 | Easy Forex

EU Morning report - EU periphery bond yields drop

The euro (EUR) appears strong against most of its major counterparts, early in the European session. The single currency got a boost from news that Spanish and Italian bond yields improved for yet another auction.

By NikolasX | Apr 30 | Easy Forex

EU Morning Report - Germany opposes ECB rate cut

The euro (EUR) remains range-bound against the US dollar (USD) moving above 1.3030. At a time when many voices within the Eurozone are pleading for a rate-cut in an attempt to promote growth in the continent; Angela Merkel, the German Chancellor, opposes such a move.

By NikolasX | Apr 26 | Easy Forex

USDJPY: Broader Bias Remains Higher

USDJPY: Outlook remains higher with eyes on the upside towards the 100.00 level followed by the 100.50 level. We may see a pullback from here but if broken, further upside could follow towards the 101.00 level and then the 101.50 level. Its daily RSI is bullish and pointing higher supporting this view. Support comes in at the 95.00 level where a violation will target the 94.

By Mohammed Isah | Apr 26 | FX Tech Strategy

EU Morning Report - ECB rate cut rumours push euro lower

The euro (EUR) continues its sliding trend against the US dollar (USD). The pair moved above 1.3040 after short dips below the 1.

By NikolasX | Apr 25 | Easy Forex

EU Morning Report - ECB rate cut rumours push euro lower

The euro (EUR) continues its sliding trend against the US dollar (USD). The pair moved above 1.3040 after short dips below the 1.

By NikolasX | Apr 25 | Easy Forex

EU Morning Report - How social media hack rocks markets

 The euro (EUR) corrected some of yesterday’s losses against the US dollar (USD) but slid lower to 1.

By NikolasX | Apr 24 | Easy Forex

EU Morning report - Economic stagnation looms over the euro

The euro (EUR) remains range-bound against the US dollar (USD) currently moving below 1.3044. The single currency has stabilized after Italians elected new President Giorgio Napolitano is expected to continue efforts to create a viable government in the country.

By NikolasX | Apr 23 | Easy Forex

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