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- peeterwoolf replied May 20, 2015
The pair is currently consolidating just below 0.79 level, and support can be found 0.7850.
- peeterwoolf replied May 20, 2015
Usd/Jpy is still above 121.00 level, but losing upward strength leads a bearish corrective movement towards 120.45 level.
- peeterwoolf replied May 20, 2015
Immediate resistance level can be found at 135.00 level.
- peeterwoolf replied May 15, 2015
Short-term pressure is still on the downside, but break out 0.8020 would suggest that downward pressure has eased.
- peeterwoolf replied May 15, 2015
Strong resistance level can be found at 0.7560/0.7565 zone now, only break above of these levels would lead the gain extended.
- peeterwoolf replied May 15, 2015
Still trading within the range between 118.30 to 120.50 zone.
- peeterwoolf replied May 12, 2015
Usd/Jpy is trading nearly flat, bounce between 119.84 to 120.27.
- peeterwoolf replied May 12, 2015
With UK election out of the way, investors can focus on GBP get back to business, Eur/Gbp should probably extend recent weakness below 0.7150.
- peeterwoolf replied May 10, 2015
The BoE decision will be release on Monday, I expect there would be no change in policy.
- peeterwoolf replied May 7, 2015
Target hit. Off the charts estimates in favour of Conservatives, Eur/Gbp is heading to break through the 55dma at 0.7255.
- peeterwoolf replied May 6, 2015
No doubt, Pounds will be in for a ride tomorrow with the UK holding one of its closest elections.
- peeterwoolf replied May 6, 2015
We had a better than expected outcome of PMI reading in Europe today, plus there are some positive developments from the Greek debt matter: the county has made a €200 million payment to the IMF ahead.
- peeterwoolf replied May 5, 2015
I think we need a breakout to determine the direction.
- peeterwoolf replied Apr 29, 2015
Greenback recovered modestly after the FOMC statement stay above 118.50 level.
- peeterwoolf replied Apr 29, 2015
Yen weakness continues.
- peeterwoolf replied Apr 27, 2015
Weak Yen has been given a 8.5% boost to the Japan's exports.
- peeterwoolf replied Apr 24, 2015
Disappointing US economic data cause Usd/Jpy sliding down below 119.00 level. BOJ coming up next week, market expect further easing this year, but the big question is when.
- peeterwoolf replied Apr 23, 2015
The next resistance level is located at 120.19.
- peeterwoolf replied Apr 23, 2015
Eur/Jpy broke the previous resistance level, a trend reversal to upwards.
- peeterwoolf replied Apr 21, 2015
Eur/Jpy continues to trade downtrend in a short-term, support level can be found at 126.00 level.