Tag Archives: markets

USD/JPY short adjustments

Share This: …extension of the late January advance. An oversold bounce from around there would not surprise, while a break below would likely confirm that a more significant decline is indeed underway. Short USD/JPY from around 121.50. Took profit on ½ of original position near 119.38. Lowered stop on remaining position from cost to 117.60.   DailyFX provides… Read More »

USD/JPY Weakness to Persist on Wait-and-See Kuroda

Share This: DailyFX.com – Talking Points: – USD/JPY Weakness to Persist on Wait-and-See Kuroda; RSI Trigger in Focus. – NZD/USD to Eye Top of Range on Strong New Zealand Employment Report. – USDOLLAR to Face Fed Rhetoric, Slowing ISM Non-Manufacturing Survey. For more updates, sign up for David’s e-mail distribution list. USD/JPY Chart – Created Using FXCM marketscope… Read More »

Silver Should Be Trading At $14.93 According to Gold

Share This: …over the coming months, rebounding from low levels. Boost your trading skills and pick up one of our 16 different Trading Guides Silver Prices | FXCM: XAG/USD Created with marketscope/Trading Station II; prepared by Alejandro Zambrano — Written by Alejandro Zambrano, Market Analyst for DailyFX.com Contact and follow Alejandro on Twitter: @AlexFX00 Struggling with Trading? Join… Read More »

EURUSD Consolidation Break Imminent- Levels To Know

Share This: DailyFX.com – Talking Points EURUSD approaching apex of multi-month consolidation formation Updated targets & invalidation levels Event Risk on Tap This Week EURUSD Daily Chart Created Using FXCM marketscope 2.0 Technical Outlook: EURUSD has continued to consolidate into the apex of a formation darting back to the December high with the pair struggling to mount resistance… Read More »