Forex: USD/JPY finds support at 92.70, back to test 93.00

FXstreet.com (San Francisco) - After extending its decline from 93.65 to reach fresh intra-day low at 92.70, the USD/JPY has found support at this level with the pair trading back to test the 93.00 area.

The USD/JPY is trading at 92.90, 0.53% below opening price action. Pair is slightly bearish according to the FXstreet.com trend index. Indicators such as MACD, CCI and Momentum are bearish while the Stochastic is Bullish.

Above the 93.00 level, next resistances are at 93.30 and then 93.65. On the down side, supports are at 92.70, 92.55 and 92.20.

Apr 3, 2013

Forex: GBP/JPY tests 140.45

The Sterling has continued today with its decline against the Japanese Yen and after falling around 100 pips since the intra-day high at 141.50, reached in the European session, the GBP/JPY is testing the 140.45 support.

Devamını oku Previous

Apr 3, 2013

Wall Street closes lower on US data and Korea concerns

The US stocks market has closed Wednesday with losses as investors were disappointed by the weaker than expected ADP data. North Korea threat has also hurt the equities environment and late in the day, San Francisco Fed's William said QE could end as soon as this summer if economy improves.

Devamını oku Next