Although price is expected to move narrowly inside early relatively broad range of 76.50-77.07 in Tokyo session, as long as near term good sup at 76.47/50 holds, consolidation with mild upside bias remains for another bounce twd 77.02/07 later.
Buy again for this move n only firm breach of said sup wud risk subsequent weakness twd 76.25.
Despite euro's selloff fm y'day's high of 1.4482 to 1.4389 in NY session, intra-day rebound fm Asian low of 1.4390 suggests further 'choppy' sideways move wud continue n recovery to 1.4430/40 is likely b4 prospect of another retreat later.
For st trade, buy dips for 1.4430 or sell there for 1.4390. Below 1.4376 wud extend twd 1.4347.
Despite dlr's narrow move in Europe n NY after y'day's spike to 77.22, as long as nr term good sup area at 76.57-67 holds, consolidation with upside bias remains, abv 77.22/30 needed to extend Fri's rise fm a record low of 75.95 to 77.55/60.
Raise long entry for 77.05 n only below said sup area may risk stronger retrace. to 76.30/40.
Although intra-day cross buying in yen has kept dlr under minor pressure in Tokyo, as price is expected to continue moving sideways today, reckon sup at 76.52 (Fri's low) wud remain intact n yield subsequent bounce to 77.00.
Hold long for this move n exit on such rise as res at 77.10 shud cap upside, yield another fall.
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موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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USD/JPY : 76.65
Last Update At 31 Aug 2011 00:23 GMT
Although price is expected to move narrowly
inside early relatively broad range of 76.50-77.07
in Tokyo session, as long as near term good sup at
76.47/50 holds, consolidation with mild upside bias
remains for another bounce twd 77.02/07 later.
Buy again for this move n only firm breach of
said sup wud risk subsequent weakness twd 76.25.
Range Forecast
76.61 / 76.85
Resistance/Support
R: 76.89 / 77.07 / 77.27
S: 76.47 / 76.25 / 75.95
Last Update At 25 Aug 2011 06:40 GMT
Rate : 1.4430
Despite euro's selloff fm y'day's high of 1.4482
to 1.4389 in NY session, intra-day rebound fm Asian
low of 1.4390 suggests further 'choppy' sideways
move wud continue n recovery to 1.4430/40 is likely
b4 prospect of another retreat later.
For st trade, buy dips for 1.4430 or sell there
for 1.4390. Below 1.4376 wud extend twd 1.4347.
Range Forecast
1.4390 / 1.4421
Resistance/Support
R: 1.4428/1.4447/1.4482
S: 1.4376/1.4347/1.4305
USD/JPY : 76.85
Last Update At 22 Aug 2011 23:06 GMT
Despite dlr's narrow move in Europe n NY after
y'day's spike to 77.22, as long as nr term good sup
area at 76.57-67 holds, consolidation with upside
bias remains, abv 77.22/30 needed to extend Fri's
rise fm a record low of 75.95 to 77.55/60.
Raise long entry for 77.05 n only below said sup
area may risk stronger retrace. to 76.30/40.
Range Forecast
76.70 / 77.00
Resistance/Support
R: 77.21 / 77.30 / 77.60
S: 76.57 / 76.25 / 75.95
USD/JPY : 76.69
Last Update At 17 Aug 2011 02:30 GMT
Although intra-day cross buying in yen has kept
dlr under minor pressure in Tokyo, as price is
expected to continue moving sideways today, reckon
sup at 76.52 (Fri's low) wud remain intact n yield
subsequent bounce to 77.00.
Hold long for this move n exit on such rise as
res at 77.10 shud cap upside, yield another fall.
Range Forecast
76.66 / 76.83
Resistance/Support
R: 76.93 / 77.10 / 77.30
S: 76.60 / 76.52 / 76.31