OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex: USD/JPY falls hard to test 97.05; 10-day low

FXstreet.com (San Francisco) - The Dollar is currently trading lower against the Japanese Yen with the USD/JPY sinking around 100 pips in the last hour from 98.15 to break down the 97.60 and reach fresh lowest level since April 5 at 97.05.

Currently, the USD/JPY is pricing at 97.30, 0.88% down on the day and slightly bearish according to the FXstreet.com trend index. INdicators such as Momentum and CCI are bearish while the MACD and Stochastic are neutral.

Below the 97.15, next support is at 97.00 ahead the 96.40. Resistances are at 98.25, 99.00 and 100.00.

Forex: GBP/USD breaches the 1.5300 handle

The sterling is closing the session in the red territory on Monday, dragged lower after a bout of risk aversion sent the cross to the area of 1.5285/90....
Read more Previous

Forex: EUR/USD extends losses below 1.3050

After a phase of consolidation, EUR/USD came under renewed pressure in a spike of risk aversion, which led US stocks and USD/JPY to fresh session lows.
Read more Next
Start livechat