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5 Aug 2013

USD/JPY resumes the decline

FXstreet.com (Córdoba) - Following a short-lived jump in the wake of US ISM data, the USD/JPY resumed the downside and fell to retest the bottom side of today’s range.

USD/JPY recovery capped by 200-hour SMA

USD/JPY was rejected from the 200-hour SMA and a session high of 98.77 and dropped to a low of 98.35 in recent dealings, stalling a few pips above daily lows. At time of writing, USD/JPY is trading at the 98.45 area, where it records a 0.4% loss on the day.

USD/JPY levels to watch

The Talking-Forex.com analyst team locates next supports at 98.00, 97.75 which is the Ichimoku Cloud Base and then at 97.66. On the other hand, resistance levels are seen at 99.15, 99.56 which is the Kijun-Sen line and then at 99.95.

Aug 5, 2013

Flash: USD/JPY time to buy? – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions.

US Dollar Index retreats below 82.00

The greenback, gauged by the US Dollar Index, is prolonging last Friday’s losses below the key support at 82.00, as risk appetite has taken over sentiment...