by Tue, 06 Apr 2010 07:12:00 +0200
USD/JPY wanes capped by 93.85
FXstreet.com (Barcelona) – The pair struggles to hold firm on high levels as overbought conditions seem to have forced the pair to correct to the downside after investors in Asia propelled heavy selling.
The greenback has been loosing steam since hitting a fresh 8-month high at 94.80 zone and we can count it just shed over 100 pips in the last 24 hours. The pair faces a strong support area at 93.75 area (Jan 8 high).
The corrective movement has been halted at 93.85 although this level may be breach as the pair threatens the temporary support area once more. Current pricing settles at 93.93.
| Technical Analysis (2010-04-06 05:08 GMT) | |
|---|---|
USD/JPY 93.92/93.97 - O: 93.96 H: 93.99 L: 93.89 C: 93.94 | |
| Trend | R3: 94.4600 |
 | R2: 94.2250 |
| R1: 93.9900 | |
| S1: 93.3808 | |
| S2: 93.6154 | |
| S3: 93.8500 | |
Actualité du forex
Forex News
English
Français
- Forex Trade 16 Feb, Employment Change, Unemployment Rate, Ecb Publishes Feb. Monthly Report
- Oil Maintains Bullish Trend amid Middle East Tensions
- Risk Aversion Turns EUR Bearish
- USD Moves Up Following Fresh Euro-Zone Worries
- JPY Moves Up on EUR Following Greek News
- Report du versement des aides à la Grèce, les marchés se contractent
- Le pétrole conserve une tendance haussière au milieu des tensions du Moyen-Orient
- L'aversion au risque peut avérer un Euro Baissier
- USD progresse face aux inquiétudes fraiches de l'Euro-Zone.
- JPY progresse face à l'Euro suivant les nouvelles grecques