USD/JPY - 91.17 Daily Market Outlook - Sep 23

By IBTimes Staff Reporter | September 23 2009 8:25 PM

The greenback rebounded strongly from 90.47 to 91.63, suggesting decline from 92.55 has possibly made a low there and further choppy consolidation above last week's low of 90.12 with upside bias would be seen and gain towards 92.15 is likely, however, said resistance at 92.55 should remain intact and yield selloff later. On the downside, only a breach of 90.84 would signal recovery is over instead and yield resumption of decline for re-test of 90.12 low.

Sponsorship Link

Euro Set For Another Week of Disappointing Data

Euro Set For Another Week of Disappointing Data

Eurozone Reports Increased Trade Surplus

Eurozone Reports Increased Trade Surplus

Eurozone GDP Puts Euro Under Pressure

Eurozone GDP Puts Euro Under Pressure

ZEW Results Weigh on Euro

ZEW Results Weigh on Euro

IBTimes Magazine

Drones: Which Countries Have Them For Surveillance And Military Operations? (MAP)

Where In The World Are The Military Drones? [MAP]

Borrowing To Buy: How Much Do Americans Owe?

Borrowing To Buy: How Much Do Americans Owe?

Journeys In Jaffna, Sri Lanka, 4 Years After The Civil War’s Bloody Conclusion

Inside Northern Sri Lanka 4 Years After Civil War

The West Bank Wall: What Life Is Like For Palestinians And Israelis Divided By The Barrier

Life For Palestinians And Israelis Divided By West Bank Wall

web counter