The Japanese yen was weak during this week’s bout of risk appetite so far.
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GBP/JPY Following Through Wedge Breakout to the Upside; Resistance Seen at 122.40
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The Japanese yen was weak during this week’s bout of risk appetite so far.
See the original post:
GBP/JPY Following Through Wedge Breakout to the Upside; Resistance Seen at 122.40
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The AUD/USD started the week testing the channel resistance seen in the 4H chart. After a brief period of respect during the US session, the Asian session supported the pair and brought it above the channel resistance.
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AUD/USD Breaks Above Channel Resistance
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The EUR/USD stalled at 50% retracement of the 1.3568-1.3212 downswing during the 11/28 US session, which was 1.34. There was a dip below 1.33, but that did not sustain
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EUR/USD Testing Critical Resistance Cluster with Force
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The EUR/USD stalled at 50% retracement of the 1.3568-1.3212 downswing during the 11/28 US session, which was 1.34. There was a dip below 1.33, but that did not sustain. Another push in the 11/29 Asian-European session brought the EUR/USD back above yesterday’s high, and into a critical resistance cluster.
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EUR/USD Testing Critical Resistance Cluster with Force
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Italy’s borrowing costs hit a euro lifetime peak of nearly 8 percent Tuesday as pressure on euro zone finance ministers intensified to staunch a two-year-old debt crisis that is blighting the world economy. …

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Italy borrowing cost soars as euro pressure mounts
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On Monday Dollar/Yen continued increasing with 85 pips. The currency couple appreciated from 77.43 to 78.24 yesterday, not matching the negative Interbank sentiment at under -4%, closing the day at 77.96. This morning the Dollar ascended further against the Yen, climbing to 78.28
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USD/JPY Is Losing All Yesterday’s Gains
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With investor hopes still pinned on the Eurozone’s leadership to craft a solution to the ongoing debt crisis saga, the common currency moved higher against the U.S. Dollar in Asian trading, consolidating Monday’s gains.
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Markets to Focus on Italy Debt Auction
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Asian stock markets climbed Tuesday amid hopes that radical steps are being considered to choke off a debt crisis threatening to rip apart the euro currency union, but European shares opened lower as the …

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World stocks mixed as ministers meet on euro
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EUR/USD Classical Technical Report 11.29
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EUR/USD Classical Technical Report 11.29
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NZD/USD Classical Technical Report 11.29
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NZD/USD Classical Technical Report 11.29
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