USD/JPY - daily technical Forecast

By IBTimes Staff Reporter | February 18 2010 10:18 AM

Sponsorship Link

USD/JPY closed higher on Wednesday as it extends last week's rally. The high-range close sets the stage for a steady to higher opening on Thursday. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term. Closes above the reaction high crossing are needed to confirm that a short-term bottom has been posted. Closes below the 10-day moving average crossing would signal that a short-term high has been posted.

Eurozone Leaders Try to Tackle Tax Evasion

Eurozone Leaders Try to Tackle Tax Evasion

Radical AfD Political Party Could Disrupt German Elections

Radical AfD Political Party Could Disrupt German Elections

British Pound traded at 7-week lows aganst US-Dollar as U.K. retail sales slump

British Pound traded at 7-week lows aganst US-Dollar as U.K. retail sales slump

Yen down after Japan's worst April trade deficit

Yen down after Japan's worst April trade deficit

In Depth

Xbox One vs. PS4: A Full Specs Comparison

Xbox One vs. PS4: Comparing The Specs

New Government Report Calls Rana Plaza Garment Factory Collapse 'Culpable Homicide'

Bangladesh Gov't Calls Building Collapse 'Culpable Homicide'

Iraq: The Fundamentalists’ War Against Vice Targets Alcohol And Prostitution

In Iraq, The Fundamentalists’ War Against Vice Targets Alcohol And Prostitution

Before Tumblr, Marissa Mayer Acquired These Companies For Yahoo (TIMELINE)

Before Tumblr, Marissa Mayer Acquired These Companies For Yahoo

web counter