Posts Tagged by usd/jpy analysis
Forex Analysis on Majors – Weekly Summary February 3
| February 3, 2012 | Posted by admin under Forex Technicals |
Forex Analysis on Majors – Weekly Summary February 3 Cory Mitchell, CMT As the week of February 3 comes to a close we look to what is expected for next week, and what transpired over the last week of trading. Forex analysis on majors is the focus: EUR USD, GBP USD, CHF USD and USD…
BOJ intervention likely to do nothing
| October 31, 2011 | Posted by admin under Forex Technicals |
I posted a quick outlook on Benzinga on the Bank of Japan intervetion in the currency markets, and what I believe the effects will be. You can read the article here: http://www.benzinga.com/trading-ideas/long-ideas/11/10/2079012/japan-intervention-likely-to-do-nothing-to-usdjpy-over-long-t Cheers, Cory Mitcehll, CMT
Forex Analysis – EUR/USD, USD/JPY and EUR/JPY
| October 24, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
Fairly tame week for the EUR/USD, USD/JPY and EUR/JPY. The EUR/USD is in a consolidation pattern after hit the target area. The high of the pattern is 1.4160 and the low 1.3700. Movement above the high indicates another move higher with a target of 1.4600. This aligns with the January swing high. Movement below 1.3700…
EUR/USD, USD/JPY and EUR/JPY Updates…Beware!
| October 18, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
EUR/USD has hit all the upside targets, and even surpassed the target area which had a high of 1.400. The pair got as a high as 1.4158 but has now reverted back into our target area which was 1.3800-1.4000 (currently trades at 1.3919). This was the target area because I expected some resistance based on…
EUR/USD, USD/JPY, EUR/JPY
| October 10, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The EUR/USD hit the upper end of the profit target (discussed in the last several analyses) at 1.4000. It closed out the week at 1.3935. While the trend remains strongly up at this point, a reversal below 1.3800 would indicate selling interest. A further move below 1.3630 signals a test of primary support at 1.3300.…
Targets in Play-EUR/USD, EUR/JPY, USD/JPY
| October 6, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
In mid-week trading the EUR/USD has moved right to the center of the target area: 13900. Between here and 1.4000 some resistance is expected. A swift move through 1.4000 could see moves toward 1.4200 heading into the end of the week and early next week as strong buying continues. Support is now at 1.3800 and…
EUR/USD, EUR/JPY, USD/JPY and Dollar Index Analysis
| October 2, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
In terms of the EUR/USD, EUR/JPY and USD/JPY you can see last week’s analysis here: http://vantagepointtrading.com/archives/3807. In addition there are a few updates below. Much remains the same. The EUR/USD is just moving into the target area. EUR/JPY has moved slightly above the resistance area, and is heading for the target area. The previous analysis…
Forex Market Update
| September 24, 2010 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Another week of aggressive moves in the forex market. Several levels mentioned last week were in play this week – one reversal and two pairs headed to their next profit target. Here we will look at the USD/JPY, EUR/JPY and EUR/USD. Need more trading tactics? Need a complete trading system? If you haven’t check out it out,…
Big week for Currencies – Trend Changes
| September 19, 2010 | Posted by admin under Day Trading Ideas, Forex Technicals, Stock Market Analysis, Swing Trading Ideas |
Big week for currencies as many pairs saw large moves. Here I will got through the brief technical outlooks of the EUR/USD, USD/JPY and EUR/JPY. EUR/USD: I don’t like the candle formation from the daily bar which occured on Friday, but other than that the break to upside above support last week indicates a move…
USD/JPY The Week Ahead
| September 6, 2009 | Posted by admin under Swing Trading Ideas |
After strong movement on both sides of the market after the Employment Situation news out of the US on Friday the pair finished moderately higher, just edging out pre-news levels. Currently the pair is in a downtrend , but a rise above 93.40 indicates a potential reversal. Resistance beyond is at 94.00. 92.00 – 91.75 …
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