OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex: USD/JPY declines from highs

FXstreet.com (San Francisco) - The USD/JPY is currently retreating from daily highs at 93.55 to trade close to 93.25. Previously, the pair recovered from 92.55, the lowest level since March 1st, to post daily advances at 93.55.

Currently the pair is 0.08% positive on the day. The USD/JPY is Slightly bullish according to the FXstreet.com forex studies. Indicators such as CCI and Momentum are bullish, while the MACD is neutral and the Stochastic is bearish.

The USD/JPY will face resistances at 93.50, 94.00 and 94.40. On the downside, supports are at 93.00, 92.55 and 92.40.

Forex: EUR/USD testing lows around 1.2815/20

The shared currency keeps the negative path as we head towards the last part of the NA session on Tuesday, testing intraday lows in the area of 1.2815/20...
Read more Previous

Forex Flash: AUD/USD looks to target 1.0400 – Westpac

According to Global FX Strategist Sean Callow at RBS, “The rapid rebuild of spec long AUD positions since early March hints at waning confidence in broad USD measures. Commodity prices remain mostly unhelpful for AUD – local data will need to beat expectations for the AUD/USD to spend much time above 1.0500, with 1.0400 handle more comfortable.”
Read more Next
Start livechat