The Yen rose against major currencies for second day in a row against European currencies. USD/JPY fell for third consecutive day. Today reached a fresh May low at 96.10. The pair has support at 96.00 (below today’s lows) and 95.55 (April lows). On the upside the pair could find resistance at 96.60 and 97.20.
GBP/JPY current price is 147.18. The pair tested today a key support area at 146.30. Next support levels to consider are located at 145.60 (May lows) and 144.85. On the upside the pair has topped at 149.50. A break of the line could take the pair to the next resistance zone at 150.85 (one-month high)
Against the euro the Yen rose for second consecutive day. EUR/JPY rebound at 130.70 to 131.50. The pair has moving in a downtrend after reaching a one-month high at 134.80 Monday morning.
Popular Posts
-
The Yen rose against major currencies for second day in a row against European currencies. USD/JPY fell for third consecutive day. Today rea...
-
The U.S. dollar continued to gain today after the yesterday’s rather significant rally as the speculations that the world’s biggest economy ...
-
Forex trading sites offer different account types. Make sure you find the right trading site , and then the job of selecting the account ty... -
WASHINGTON -- A trio of reports Friday suggested the economy, while still sick, is healing a little. Consumer sentiment, for instance, got b...
-
Gross Domestic Product (GDP) – This measures the total market value of all goods and services that companies make within the country. This ... -
The Euro has appreciated somewhat from 1.2450 low seen in early March to reach levels around 1.3300 on the first days of May, a trend which,...
-
Market orders are the most basic Forex trading orders that are bought and sold for the current market price. With market orders, the... -
Choose the right program for you - You first need to examine each of the websites, according to the services they offer. Some websites are ... -
The Gross Domestic Product (GDP) - The sum of goods and services produced by domestic or foreign companies. Industrial Production - A measu...
No comments:
Post a Comment