Posts Tagged ‘USDJPY’

Technical Analysis Jul.22nd

by Forex Rooton July 22, 2015 11:00 am BST
EURUSD EUR/USD failed to consolidate below the May low at 1.0818, therefore giving bulls a chance to push the pair back to the upside. They used this opportunity and sent the Euro as high as 1.0940, thus making a 100-pip rebound on a daily basis and erasing losses of three previous days. EUR/USD is now […]

Technical Analysis Dec.15th

by Forex Rooton December 15, 2014 6:40 am BST
EURUSD EUR/USD currency pair appreciated during the last trading day of the previous week, as it approached a considerable resistance line, represented by the monthly pivot point at 1.2468. We do not expect the cross to breach this important level, which is likely to push the Euro downwards. Technical indicators, in turn, predict the pair […]

Yen Jumbs After Election

by Forex Rooton December 15, 2014 6:20 am BST
The Japanese currency has tumbled about 30 percent in the past two years as Abe implemented fiscal spending and structural reforms and the Bank of Japan applied unprecedented monetary stimulus to battle deflation. Abe’s ruling Liberal Democratic Party and its coalition partner gained more than two-thirds of the 475 seats in the lower house, winning […]

Technical Analysis Dec.8th

by Forex Rooton December 8, 2014 7:25 am BST
EURUSD EURUSD currency pair has just approached the recently-set 2014 low at 1.2271. It is likely that bears will try to test this level on Monday. If successful, the pair may decline down to monthly S2 in the short-term, which is also reinforced by weekly S1 at 1.22. In case of failure, we would assume […]