2010-07-16T13:45:17+0000

July 16th, 2010 11:56:16 GMT.

USD/JPY slumps as stops tripped

by

Well documented stops in USD/JPY through 86.95 have been tripped and we’ve fallen sharply to session low 86.60.  As mentioned this morning talk of buy orders just ahead of 86.50 barrier option interest. We’re presently at 86.67. More stops said to … Continue reading

2010-07-16T11:56:16+0000
2010-07-16T06:13:01+0000

July 16th, 2010 04:58:40 GMT.

USD/JPY gives ground in Asian trade

by

USD/JPY down at 87.00 from North American close Thursday up around 87.40.  Move comes with Japanese stocks getting hit hard. Stops seen through 86.95 before buy orders down at 86.50/60.  Talk of 86.50 barrier option interest. More stops seen just … Continue reading

2010-07-16T04:58:40+0000
2010-07-16T03:54:59+0000
2010-07-16T00:46:11+0000

July 16th, 2010 00:07:21 GMT.

Nikkei opens -0.9%

by

USD/JPY is holding up reasonably well and the AUD/USD continues to drift slowly lower. Unsurprisingly as it’s Asia and it’s Friday, profit taking has also pushed the EUR/USD and cable lower off their opening levels.

2010-07-16T00:07:21+0000

July 15th, 2010 21:54:02 GMT.

USD/JPY: heavy stops below 87.00

by

Looks like a lot of players are relying on the BoJ to somehow keep USD/JPY above 87.00. There are reportedly a lot of reasonably heavy stops placed just below there. The BoJ should try and learn from the SNB mistakes … Continue reading

2010-07-15T21:54:02+0000
2010-07-15T21:09:30+0000
2010-07-15T17:28:56+0000
Top

© Copyright 2015 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.