Fx Charts

An element of caution should be exercised as the Tenkan-Sen and Kijun-Sen lines are negative aligned. On the monthly chart USD/JPY is trying to break above the top of a multi-year large falling wedge, which if broken and sustained into February will be…

The information contained herein is solely for informational purposes. Any charts and other opinions constituting the information contained herein are, and must be construed solely as statements of opinion and not statements of fact …

With the USD/JPY breaking below the 76.80 support level there is little support remaining on the charts to stand in the way of the pair’s all-time low. Most of the majors have been consolidating in the latter half of the week but the USD is …

Current rate stands at 77.20, virtually unchanged as investors try to gauge what direction the FX winds will flow next … if the pair holds above mentioned static support. 4 hours chart shows price above a clearly bullish 20 SMA while …

“Slightly higher yet still in past day’ range, USD/JPY hourly chart shows momentum flat around the 100 area, giving no tips on direction today”, said Valeria Bednarik, chief analyst at FXstreet.com. “Above 20 SMA gaining a limited bullish slope, the up…

This chart is a mess. However, if you think about it – you should … and can only wait for that obvious and massive candle that will certainly appear sooner or later. FX Empire – The company, employees, subsidiaries and associates, are not liable …

By Barbara Zigah (eToro Blog) USD/JPY closed marginally softer overall last week after having traded higher initially as the Greenback suffered from a surprisingly poor U.S. Employment Report released on Friday. The rate opened the week at 80.80 but cl…

Current price: 80.15. According to Valeria Bednarik, Chief Analyst at FXstreet.com: “Hourly chart, shows price approaching again to the 80.00 area, while indicators remain below their midlines. 4 hours chart, is more bearish as indicators head south wh…

By Barbara Zigah (eToro Blog) In overnight trading, currency investors panicked on the news that the already critical situation in Japan is likely to worsen in the coming days, sending the Japanese Yen to unprecedented highs against the U.S. Dollar and…

By Barbara Zigah The Japanese Yen has been steadily weakening against most major rivals this week and analysts say it can be attributed to a variety of things, among them a move by investors into higher risk currencies and the unwinding of long positions in the currency.The latter won’t come as any surprise to the [...]