DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.
Japanese Yen Holding Strong
By Jamie Saettele, CMT, Sr. Technical StrategistInitial support is at yesterday’s high at 117.36 and
a rally above there could give way to the 10/31 high at 118.04. A break
below 116.54 probes the next support zone at the 9/22 low at
116.07.
- Oct, 17 00:12 GMT Euro Near Major Top Against US Dollar, but Timing Anything but Clear
- Oct, 17 00:01 GMT British Pound Looks to 3Q GDP to Keep the Bullish Momentum
- Oct, 17 00:01 GMT Japanese Yen Relinquishes its Top Safe Haven Status to the Dollar
- Oct, 16 23:40 GMT US Dollar May Be Setting Stage for Advance
- Oct, 16 23:39 GMT Canadian Dollar May Come Under Pressure Ahead of BOC Decision
- Nov, 02 12:36 GMT Japanese Yen Holding Strong
- Nov, 01 13:19 GMT Japanese Yen Breaks 117
- Oct, 31 13:06 GMT Japanese Yen Gives Some Back
- Oct, 30 13:45 GMT Japanese Yen Finally Strengthens
- Oct, 27 12:51 GMT Japanese Yen Wants 118

