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Posts Tagged ‘USDJPY’

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USD/JPY Classical Technical Report 07.06
USD/JPY: After undergoing a fairly intense drop off from the 85.50 area several days back, the market looks to have finally found some support in the 80.00 area and could be in the process of carving out some form of a base. Look for setbacks to continue to be well supported around 80.00 with only a close back below 79.50 to give reason for concern. From here we see the risks for a fresh upside …

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Japanese Yen Eyes 2010 Highs (USD/JPY Lows), Australian Dollar Tests 2011 Range
The near-term rally in the Japanese Yen gathered pace on Tuesday, with the USD/JPY falling back to a low of 80.73, while the Australian dollar extended the decline from the previous day as the flight to safety gathered pace.

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Forex: USD/JPY soars from sub-83.00 to 85.00 after Boj intervention
FXstreet.com (Barcelona) – The Dollar has soared about 130 pips after BoJ’s intervention, bouncing at fresh 15-year low around 82.85, to reach session high at 85.13, before easing to levels right below 85.00 ahead of the European session opening.

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