Monday, March 7, 2011

The Japanese yen rose against the dollar and euro

A preview of the trading session of the week, the Japanese yen continued to rise against the dollar and euro as Japanese companies are buying the domestic currency by fixing the foreign profits until the end of the fiscal year, which ends in March.
The European currency against the U.S. dollar started the week with a slight reduction, bargaining between the maximum and minimum of 1.3992 1.3961. Couple faces support 1.3945, while the full-time and four-Momentum indicate the trade in the overbought area.
Pair Pound / dollar began the first trading day of the week with a decline, bargaining between the maximum and minimum of 1.6263 1.6238. Couple faces support 1.6225, while the full-time and four-Momentum give sell signals.
The dollar / yen has fallen in the first four hours of the trading session, trading between the maximum and minimum of 82.37 82.13. Couple faces resistance 82.40, while the Daily Momentum gives buy signals.

Translate this page

Search This Blog