USD/JPY Lost All Earlier Gains From This Week

USD/JPY Open 77.42 High 77.81 Low 76.89 Close 77.43 On Thursday Dollar/Yen continued decreasing with 50 pips. The currency couple depreciated from 77.81 to 77.29 yesterday, matching the negative Interbank sentiment at nearly -10%, closing the day at 77.43. This morning the Dollar weakened further against the Yen, reaching 76.89. On the 1 hour chart »

Majors Daily Forecast 27 January 2012

EUR/USD Buy at 1.3081 SL 1.3049 TP 1.3158

USD/JPY Sell at 77.17 SL 77.49 TP 76.45

GBP/USD Buy at 1.5667 SL 1.5635 TP 1.5755

USD/CHF Sell at 0.9228 SL 0.9260 TP 0.9144

today so far +76, total yesterday +189 pips

GBP/USD Recovers Further, Turning 1.57

GBP/USD Open 1.5672 High 1.5735 Low 1.5651 Close 1.5687 On Thursday Pound/Dollar continued rising on slower pace with 85 pips. The Cable appreciated from 1.5651 to 1.5735 yesterday, in line with the positive Interbank sentiment at above +45%, closing the day at 1.5687. Today the British Pound us trading hesitantly and within yesterday’s range for »

EUR/USD Lifted By Fed’s Pledge

EUR/USD Open 1.3085 High 1.3184 Low 1.3076 Close 1.3106 On Thursday Euro/Dollar increased with 95 pips, but lost all gains in the afternoon. The European currency appreciated from 1.3089 to 1.3184 yesterday, matching the positive Interbank sentiment projection at over +15%, closing the day at 1.3106. This morning the Euro weakened slightly, dropping down to »

USDCHF’s downward movement extended to 0.9156

USDCHF’s downward movement from 0.9594 extended to as low as 0.9156. Resistance is now at the downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at 0.9050 area. On the upside, a clear break above the trend line will »

USD/JPY Weakens After Fed’s Interest Rates Indications

USD/JPY Open 77.77 High 78.28 Low 77.40 Close 77.76 On Wednesday Dollar/Yen decreased with 70 pips. The currency couple depreciated from 78.28 to 77.55 yesterday, matching the negative Interbank sentiment at nearly -1%, closing the day at 77.76. This morning the Dollar weakened further against the Yen after the dovish Fed indications, reaching 77.40. On »

GBP/USD Accelerates Upwards, Reaching 1.57

GBP/USD Open 1.5656 High 1.5700 Low 1.5531 Close 1.5653 On Wednesday Pound/Dollar continued rising with 150 pips. The Cable appreciated from 1.5531 to 1.5679 yesterday, in line with the positive Interbank sentiment at over +44%, closing the day at 1.5653. Today the British Pound ascended further, climbing up to 1.57. On the 1 hour chart »