Usd/Jpy is attracting some selling interest currently, with 98.45 capping this morning’s rally, attention is now turning to the downside. US Yields are little changed from yesterday, a tad lower if anything, but Traders are looking to probe some sell stops located in the 97.75/80 area. Note too that the Japanese Retail FX market were short the Yen crosses as of Friday, but it seems a sell rallies mentality pervades, with exporters seen on the offer.
Usd/Jpy comes under renewed pressure
Source: www.forexlive.com
Read more...
JP Morgan Cuts Sohu.com Target To $68 From $91
JP Morgan (NYSE:JPM) cut its price target on shares of Sohu.com (NASDAQ:SOHU) from $91 to $68, but shares of the company are still trading 2%...
FOREX VIDEO - Pre London Outlook September 3rd 2009
Hi everyone, for this presentation I continue to build on the Euro Pound analysis that we have been concentrating on this week. I use this information to help me build a Euro USD trade plan for today. It’s an interesting video in that we have to contend with changes in direction across multiple...
June 10, 2009
Hello all, Much quieter today after having the setups we had been waiting for to get some additional positions into the current movements came to be. All those trades have either profited or the stop losses are set to break even. 4 Hour: 12:00 GMT: USD/JPY buy ZLC Watching: EUR/USD for a buy...
USDCHF is facing 0.9546 resistance
USDCHF is facing 0.9546 resistance, a break above this level will indicate that the uptrend from 0.8569 (Oct 27, 2011 low) has resumed, then...
Micron Technology Shares Up After Upgrade (MU)
Micron Technologies (NYSE:MU) rose 3.4% in early morning trading to $8.80 a share after the company was upgraded to outperform from market perform...