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29 Apr 2013

Forex: GBP/JPY rejects 152.15 again

FXstreet.com (San Francisco) - The Sterling has rejected the 152.15 level another time against the Japanese yen with the pair retracing to prices below 152.00. Currently the GBP/JPY is trading at 151.95.

The GBP/JPY has been trading in range between 151.60 and 152.15 throughout the European and American session. Pair is 0.07% above opening price action and it's trading slightly bullish according to the FXstreet.com trend index.

Indicators such as CCI and Momentum are pointing north whiel the MACD and the Stochastic are neutral in the 15-minutes chart.

Above the 152.15 level, next resistance is at 152.50 and 152.75. On the downside, supports are at 151.60, 151.00 and 150.50.
Apr 29, 2013

Forex: USD/JPY struggles around 98.00

The dollar managed to recover against the yen after falling to a 2-week low to start the week. However, after bottoming out at 97.33, USD/JPY found buyers and managed to erase intraday losses, filling the weekly opening gap in the process.
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Apr 29, 2013

Forex: US Dollar Index in red around 82.20/25

The greenback, measured by the US Dollar Index, is trading in the red figures on Monday, extending the negative momentum since last week’s tops above the 83.00 handle...
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