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Previous Analysis Of The Usd/jpyTitle:
Dukascopy Afternoon Forex Overview : 05/15/2012
Dukascopy Fundamental Analysis
EUR
Investors battered European stocks, dumped the bonds of Spain and Italy, and bid the euro down against the dollar Monday after the collapse of weekend coalition talks in Greece edged that country closer to an exit from the euro zone.
USD
Retail sales in the U.S. rose in April at the slowest pace of the year, showing unseasonably mild weather and pre-Easter shopping may have pulled consumers to stores the prior month.
GBP
Governor Mervyn King looks set to leave the door open to more support for the struggling economy when he presents the Bank of England's new economic outlook on Wednesday, which is likely to show a tricky mix of lower growth and higher inflation ahead.
CHF
Swiss stocks lost ground on Monday on concern Greece will exit the Eurozone.
...
Title:
Speculation On Grexit Continues To Hammer The Euro
Sunrise Market Commentary
- Fixed Income: Global core bonds profit from euro debt crisis
- Concerns about Greece and Spain underpinned the ongoing rally of global core bonds. The German 10-year yield fell below 1.50%. Intra-EMU yield spreads versus Germany widened substantially. Today, the eco calendar is enticing. If no euro debt crisis news acts as a circuit breaker, the eco data may for once drive the price action.
- Currencies: Speculation on Grexit continues to hammer the euro.
- At the start of the new trading week, the Greek crisis remained the key factor for currency trading. With no visibility on the outcome of the EMU crisis, the easiest way for the euro is south. EUR/USD set a new correction low. EUR/GBP dropped below the 0.8000. This morning, strong German ...
Title:
Technical analysis of the USD/JPY pair on May 15th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has tested yesterday the resistance at 80.08 and then made a pullback on the upper band of its former bearish channel (black lines).
Indicators are neutral.
We continue to advise short positions as far as 80.20 is resistance.
The breakout of 79.64 will give a new sell signal and open the way towards 79.
In case of return above 80.20, we will wait the breakout of 80.41 to advise long positions..
See the previous analysis of the USD/JPY pair of May 14th, 2012
USD/JPY Analysis
Title:
Technical analysis of the USD/JPY pair on May 14th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has opened on a small bullish gap who has been filled in and got out of its bearish channel (black lines).
The pair just made a pullback on the resistance at 80.
All indicators are bullish.
We continue to advise short positions as far as 80.41 is resistance.
The breakout of 79.64 will give a new sell signal and open the way towards 79.
In case of return above 80.41, a buy signal will be given.
See the previous analysis of the USD/JPY pair of May 11th, 2012
USD/JPY Analysis
Title:
Dukascopy Afternoon Forex Overview : 04/11/2012
Dukascopy Fundamental Analysis
EUR
European stocks declined as company earnings missed estimates, talks on forming a Greek government entered a fifth day and JPMorgan Chase & Co. posted a $2 billion trading loss. Asian shares and U.S. futures fell.
USD
Wholesale prices in the U.S. fell in April for the first time in four months, led by a decline in fuel costs that signals inflation may cool. The producer price index dropped 0.2 percent after no change in March, Labor Department figures showed today in Washington.
GBP
Britons turned gloomier last month as a slump in construction pointed to an even deeper recession and producers ramped up prices, highlighting the long and difficult road back to economic health.
CHF
Swiss stocks fell for the seventh day, heading for the biggest weekly ...
Title:
Technical analysis of the USD/JPY pair on May 11th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY has rebounded yesterday on the support at 76.64 and made a pullback on 80 and also on the upper band of its bearish channel (who have been modified).
All indicators are bearish.
We continue to advise short positions as far as 80.41 is resistance.
The breakout of 79.64 will give a new sell signal and open the way towards 79.
In case of return above 80.41, a buy signal will be given.
See the previous analysis of the USD/JPY pair of May 10th, 2012
USD/JPY Analysis
Title:
Dukascopy Morning Forex Overview : 10/05/2012
Fundamental Analysis
EUR
"The real concern isn’t about Greece, it’s about the euro and whether it breaks up -- that is key."
- Mark Tinker, a fund manager at AXA Framlington Investment EUR Management
European stocks declined on Wednesday as investors awaited resolution of Greek coalition talks and yields on Spanish 10-year bonds rose above 6 per cent.
USD
"Certainly as a result of the elections in Greece, the odds of a default and an exit from the euro have increased."
- James Dunigan, chief investment officer for PNC Wealth Management
U.S. wholesale inventories rose in March at a slowest pace since November, Commerce Department data showed on Wednesday.
GBP
"Consumers, struggling to balance their household budgets, remain reluctant to spend..."
- Stephen Robertson, BRC director ...
Title:
Technical analysis of the USD/JPY pair on May 10th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY continues to test the support at 79.64.
All indicators are bearish.
The pair continues to move into its bearish channel (black lines).
We continue to advise short positions as far as 80.41 is resistance.
The breakout of 79.64 will give a new sell signal and open the way towards 79.
In case of return above 80.41, we will wait the breakout of 81 to advise long positions.
See the previous analysis of the USD/JPY pair of May 9th, 2012
USD/JPY Analysis
Title:
Technical analysis of the USD/JPY pair on May 9th, 2012
Commentary of the USD/JPY pair :
The pair USD/JPY made yesterday a pullback on the resistance at 80.07 and is currently testing the support at 79.64.
All indicators are bearish.
The pair continues to move into its bearish channel (black lines).
We continue to advise short positions as far as 80.41 is resistance.
The breakout of 79.64 will give a new sell signal and open the way towards 79.
In case of return above 80.41, we will wait the breakout of 81 to advise long positions.
See the previous analysis of the USD/JPY pair of May 8th, 2012
USD/JPY Analysis
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