Tuesday, September 15, 2009

Forex: USD/JPY back above 91.00

Tue, Sep 15 2009, 20:45 GMT

FXstreet.com (Córdoba) – The Dollar managed to recovered against the Yen after falling to 90.80. The Japanese currency weakened and failed to hold below 91.00 against the Dollar. USD/JPY is back on top of 91.00 but only a few pips above. The pair is rising for the second day in a row, current price at 91.05/07 is 0.20% above today’s opening price. Despite the increase Greenback is far form intra-day high that was set during the European session at 91.60.

The Yen is rising for the day against Cable but in the last hours the rally eased. GBP/JPY is back above 150.00 after falling 149.50 posting the lowest price in two weeks. EUR/JPY on the other side is rising and consolidating above 133.50 which suggest that the pair could continue rising in the next hours. The next resistance above 133.70 lies at 134.15.

EUR/JPY (Sep 16 at 05:36 GMT)

133.51/56 (0.07%)

H 133.72 L 133.2

[?]Trend Index[?]OB/OS Index
Slightly BullishNeutral
Data updated on Sep 16 at 05:15 (15-minute timeframe)

[ View EUR/JPY technical studies ]

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