USD/JPY has broken its 200-day moving average at 95.8 and now has its sights set on 95.45, the 38.2% retracement of the 101.45/91.75 decline.
USD/JPY overcomes big hurdles but more to jump just ahead
Source: www.forexlive.com

- Tags:
- All
Read more...
Risk / Reward Thoughts Going Into the NFP Data
Going into tomorrow’s US NFP data there are two themes driving my thinking. The first is that NFP Data is not nearly...
All About Forex | Read Articles About Forex
Oil, Gold and the foreign exchange are three different markets that have a lot in common. If you are interested in Forex trading, knowing what one does relative to another may give you an insight where the other markets may be going. Read Articles About Forex -...
USDJPY pulled back from 90.91
After touching the falling trend line from 93.75 to 91.87, USDJPY pulled back from 90.91. One more fall towards 88.50 area is...
Banco Central de Chile Holds Rate at 5.00%
The Banco Central de Chile kept its monetary policy interest rate unchanged at 5.00%. The Bank noted: “Domestically,...
Analyst Moves: ERIC, K
Ericsson (ERIC) was upgraded today by JP Morgan (JPM) to overweight, as the company has been gaining market share. Shares are higher by about...