Weekly Dollar / Yen 12 to January 16
Monday January 12 :
Cross USDJPY (dollar against the yen ):
Crossing dollar / yen was trading at 89.90 in the forex market, a figure close to the hours of MME 20 and 50 days were below the 200 days of MME.
The resistances were 93.00, 95.61 and 97.43. The supports were located in 90.00 and 88.42 .
Tuesday January 13 :
Yen:
On Monday, the yen gained ground against major currencies in the forex market and fell below the support line established. The pair dollar / yen reached 88.86 and ended the session at 89.27. We had to emphasize that the range that was highlighted on Monday the pair dollar / yen was partly due to the lack of liquidity in the market, especially because it was a holiday in Japan. It was the fourth consecutive day that the yen appreciated about their currency pairs in the forex market. This led to strong speculation over the government of Japan, as it may soon intervene the market to avoid a continuous appreciation of the yen .
Wednesday January 14 :
Yen: < > On Tuesday, the yen, upload recorded against the major currencies in the forex market but was more pronounced against the euro and pound. However, the pair dollar / yen closed without major changes in the area of 89.25. The yen gained more than 100 points against the euro and closed at 118.01. The couple pounds / yen lost 200 points on Tuesday in forex, reaching 129.70.
The appreciation of the yen in recent days in the forex market was largely due to the reduction of fees in England and the possible reduction on Thursday.
This factor hurts the Japanese economy, last week estimated that the yen lost ground against its major currency crosses, however, was not well .
Thursday January 15: USDJPY
Crossing (): dollar against the yen the dollar traded at 88.98 against the Japanese yen in the forex market, if there were charts per hour, the MME 20 and 50 days is still below the 200 days of MME. Resistances were in 93.00, 95.61 and 97.43. In turn, the media were located in 90.00, 88.42 and 87.19 .
Friday 16 January :
Crossing USDJPY (dollar against the yen pair ): dollar / yen 90.61 in trading on the forex market. Looking at the graphs per hour, the MME 20 and 50 days were below the 200 days of MME.
The resistances were in the 93.00, 95.61 and 97.43. In turn, the media were 90.00, 88.42 and 87.19.
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