the USD/JPY is still in a down trend on 4-hour chart. First support lies at the area between 116.06yen &115.56yen; second support is 114.63yen and the main support lies at 112.65yen.The recent price peak found resistance at the middle boundary of the Bollinger bands which confirms the price weakness. The RSI indicator failed to reach its middle line which signals ... Read More »
the euro changed its trend from sideways to down on 4-hour chart. Current support lies at 1.1778$, second support is 1.1639$ and the main support lies at 1.1375$. In Jan.5 the euro opened which downward gap which is a strong sell signal. The recent price peak failed to reach the middle boundary of the Bollinger Bands which confirms the price ... Read More »
the USD/JPY changed its trend from sideways to up on 4-hour chart. If the pair manages to break up the area between 119.55 yen &119.91yen, it will face next resistance at 120.99 yen and the main resistance stands at 121.84yen.The recent price bottom failed to touch the middle boundary of the Bollinger Bands which confirms the price strength. The RSI ... Read More »
the USD/JPY changed its trend from sideways to up on 4-hour chart. If the pair manages to break up the area between 119.45yen & 120.99yen, it will face next resistance at 121.84yen and the main resistance stands at 122.60 yen. The recent price bottom failed to touch the lower boundary of the Bollinger bands which confirms the price strength. The ... Read More »
the euro broke up its 50-4hour moving average which is a sign of strength .The euro changed its trend from up to sideways on 4-hour chart. Current resistance stands at the area between 1.2447$ &1.2631$, second resistance is in the area between 1.2770$& 1.2930$ and the main resistance stands at 1.3029$.The recent price bottom failed to touch the middle boundary ... Read More »
the euro changed its trend from down to sideways on 4-hour chart. Current support lies at 1.2241$, second support is 1.2133$ and the main support lies at 1.2042$. The recent price peak failed to reach the middle boundary of the Bollinger Bands which confirms the price weakness. The stochastic indicator is still trading in its oversold area which is also ... Read More »
the USD/JPY found support at its 50-4hour moving average. The USD/JPY is still in a sideways trend on 4-hour chart. If the pair manages to break up 119.83 yen, it will face next resistance at 120.73yen and the main resistance stands at 122.60 yen. The recent price bottom found support at the middle boundary of the Bollinger Bands which confirms ... Read More »
the dollar edged lower against the yen today but mostly stuck to recent ranges ahead of the U.S. Thanksgiving holiday, while the Australian dollar wallowed near four-year lows against the greenback. The dollar bought 117.85, down about 0.1 percent on the day and below its seven-year high of 118.98 last week. On technical basis, the USD/JPY is still in a ... Read More »
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