OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex: EUR/JPY eyes 132.00 on weaker yen

FXstreet.com (Barcelona) - The Japanese yen now intensifies its depreciation across the board, pushing the cross to the proximities of 132.00, levels last seen in January 2010. In the same tone, the yen is falling below the 100.00 mark against the greenback, lifting the cross to 4-year highs.

At the moment the cross is advancing 0.99% at 131.52 with the next resistance at 132.05 (50% of 2008-2012 drop) followed by 132.40 (high Jan. 15 2010) and finally 133.62 (high Jan.14).
On the downside, a dip beyond 130.25 (high May 9) would aim for 129.64 (low May 9) and then 129.29 (hourly low May 8).

Forex: USD/JPY destroys the 100.00 milestone

After jumping around 120 pips from the 99.25 area in the latest few minutes, the Dollar has finally broken the 100.00 mark against the Japanese yen with the pair jumping above to trade around the 100.65, highest levels since April 2009.
Read more Previous

Forex: GBP/USD falls further and tests the 1.5450 area

After falling around 50 pips from the 1.5500, the GBP/USD has left behind this area with the pair declining to 1.5455, intra-day low. Currently the Cable is trading at 1.5460.
Read more Next
Start livechat