Today's Tips

Yen to Slip on Futile Resistance, BofA Says: Technical Analysis

Bloomberg

The yen is poised to weaken against the dollar after having breached a trend-line resistance level, according to Bank of America Corp. “The evidence points to a move higher,” MacNeil Curry, head of foreign-exchange and interest-ratestechnical strategy ...

Technical Analysis for Major Currencies

Action Forex

We also have three positive signs on technical indicators as Ribbons lines-EMA 10 to 80- are carrying the recent upside wave while AROON and MACD turned bullish but RSI 14 may cause a huge fluctuation. From here, we will be bullish over upcoming ...

Daily Technical Analysis

Action Forex

The USDJPY was indecisive yesterday. There are no changes in my technicaloutlook. The bias remains bullish in nearest term testing 79.00 key intraday resistance which need to be broken to the upside to continue the bullish scenario testing 80.00/50 area.

Dollar May Advance to 8-Week High Versus Yen: Technical Analysis

Bloomberg

In technical analysis, investors and analysts study charts of trading patterns to forecast changes in a security, commodity, currency or index. To contact the reporters on this story: Masaki Kondo in Singapore at mkondo3@bloomberg.net; Kazumi Miura in ...

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