OctaFX | OctaFX Forex Broker
Entrar
Abrir conta
Back

Forex: USD/JPY erases intraday losses

After finding support at the 100-hour SMA and helped by the improvement in market sentiment, the USD/JPY managed to bounce and reversed losses to trade nearly flat of the day.

USD/JPY fell over 80 pips from a daily high of 93.90 to a low of 93.07 before buyers reappeared. At time of writing, USD/JPY is trading at mid-range around 93.60, where it is virtually unchanged since opening.

In terms of technical levels, supports are seen at 93.45/00 and then at the Tenkan line at 92.16, says the Talking-Forex.com team. "On the other hand, resistance levels are seen at 94.13 which is the 38% retracement of the June 2007 to October 2011 bear trade, followed by 97.81 (August 2009 high) and then the 50% level at 99.875".

Wall Street closes lower on mixed economic data

The US stocks market has closed Thursday as investors was disappointed on Jobs data and ECB dovish statement. Apple Announced a new $45 billion distribution to shareholders over the next three years, starting next week $10 billion.
Leia mais Next
Começar chat ao vivo