Wednesday, 05 August 2015
|FOREX : EURJPY|
04 Aug 15 00:00
In my last Japanese yen update in May, I showed that the yen had experienced a technical breakdown from what appeared to be a wedge pattern - a common chart formation that often leads to further moves in the direction of the primary trend. more»
17:15 | 12/6/15
Earlier today, industrial production in Japan rose 1.2% MoM in April, compared to an increase of 1.0% registered in the previous month. more»
17:15 | 11/6/15
In the Asian session, at GMT0300, the pair is trading at 123.07, with the USD trading 0.21% higher from yesterday's close. Overnight data revealed that Japan's business survey index (BSI) of large manufacturing industries dropped 6.0% QoQ, on a ... more»
The Japanese Yen fell for the third-consecutive week and finished at decade-plus lows versus the US Dollar as traders sold aggressively into JPY declines. Current price momentum leaves us in favor of continued USD/JPY gains, but any significant ... more»
The US Dollar produced a Bearish Engulfing candlestick pattern, hinting a top may be set below the 125.00 figure against the Japanese Yen. Near-term support is at 123.66, the 14.6% Fibonacci retracement, with a break below that on a daily closing basis ... more»
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