We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • RT @fwred: Wow, another massive increase in bank loans / credit lines to euro area corporates, up €73bn in April following €121bn in March…
  • Heads Up:🇺🇸 President Trump Press Conference due at 12:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-05-29
  • Heads Up:🇿🇦 Balance of Trade due at 12:00 GMT (15min) Expected: ZAR10.5B Previous: ZAR24.25B https://www.dailyfx.com/economic-calendar#2020-05-29
  • Heads Up:🇮🇳 GDP Growth Rate YoY due at 12:00 GMT (15min) Expected: 2.1% Previous: 4.7% https://www.dailyfx.com/economic-calendar#2020-05-29
  • Heads Up:🇩🇪 Bundesbank Buch Speech due at 12:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-05-29
  • Heads Up:🇧🇷 GDP Growth Rate QoQ due at 12:00 GMT (15min) Expected: -1.5% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2020-05-29
  • Heads Up:🇧🇷 GDP Growth Rate YoY due at 12:00 GMT (15min) Expected: -0.4% Previous: 1.7% https://www.dailyfx.com/economic-calendar#2020-05-29
  • EU Senior Advisor De Rynck states that it is a tall order to get Brexit agreement on fisheries by July 1st deadline, adds that there is no appetite on the EU side to revise mandate on fisheries $GBP, $EUR
  • Pronóstico #DAX30: presión bajista ante la tensión política #trading #China #HongKong https://t.co/MBZ9WyXbw3
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.13%, while traders in US 500 are at opposite extremes with 77.35%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ekCFqINyBa
USDJPY Classic Technical Report 07.16.2012

USDJPY Classic Technical Report 07.16.2012

2012-07-16 10:25:00
Ilya Spivak, Head Strategist, APAC
Share:

Prices eased past support at 79.12 and now appear poised to challenge the next major swing lows at 78.78 and 78.60. The 79.12 level has been recast as immediate resistance, with a break back above that exposing a falling trend line set from the June 24 high (now at 79.58).

USDJPY_Classic_Technical_Report_07.16.2012_body_Picture_5.png, USDJPY Classic Technical Report 07.16.2012

4hr Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.