Fx Charts

By W+W Research (eToro Blog) Japan came up with new measures to halt the rise of the Yen. The first measure calls for financial firms to report their foreign exchange holdings twice in a day. This will allow the Japanese government to monitor speculati…

The yen has made two attempts to break through the all-time low that was set in mid-March near 76.25. Rising stochastics on the daily and weekly charts point to potential gains in the pair but short term momentum studies look to have more room to fall …

By David Becker Yen declined above the 83 level in early morning as an earthquake and Tsunami shock waves hit the Tokyo area at a devastating magnitude of 8.9 .It is yet unclear what is the damage but as the tsunami waves progress risk for …

Let’s see what the charts say. Yen Futures and TLT (iShares 20+ Yr Treas. Bond) ETF It’s no secret that the Yen and US debt have traded in tandem, especially over the last several years. The Yen led debt at bottoms in April 2009 and April 2010 and …

… charts, it has a support line connecting lows in Nov 2008 and Dec 2009 which comes in at 82.70 yen and an initial … head of FX trading at BNP Paribas.

… charts, it has a support line connecting lows in Nov 2008 and Dec 2009 which comes in at 82.70 yen and an initial … head of FX trading at BNP Paribas.

Many people, including the governor of the central bank of South Korea, claim that unilateral BOJ intervention will not work. Yet it has. Without repeating its operation, the yen remains pinned near the intervention-inspired lows.
Click here to read t…

The intervention in the Yen has not seen much follow through despite the market realizing the size of the intervention as nearly 2 trillion yen. Historically, unilateral intervention has had little success in the currency markets.
Click here to read t…

The intervention in the Yen markets was the big story on Wednesday. According to reports, the BOJ sold 12 billion Yen, and purchased dollars, on an unsterilized basis, at approximately 83.40. Historically, unilateral intervention has not worked, but …

There is no signal just yet, but I like the idea of looking to buy the pair somewhere down here by multi-year lows. There has been a tremendous degree of concern over the strength of the Yen and this in …