Yen Potentially Touch 81.00. The yen may be moving up in the short term to 81.00, said Osamu Takashima, a currency strategist at Citibank Japan in a note. 'Global stock markets, including Europe, the U.S. and China, moving up ", he said. "Commodities, including crude oil, it still shows a downfall signal". "While the big investment funds will probably do some profit-taking from a sell near the high Yen is currently at 80.83 and the high in June at 80.63, where the demand has moved to sell," he said again. The yen is currently at 80.26.
Yen Stuck Below 80.20
In less than 1 hour ahead of the BoJ and data monetary Japan, S & P 500 closed with a gain as much as 1.09% on Thursday and the Nikkei index closed slightly below 8950, rising by 0.27%, the yen is 80.17, little changed from 8 hours. "Hourly graphs show some indicators rebound from the middle price, and prices held above MA movement that supports the movement up", said Valeria Bednarik, Chief Analyst at FXstreet.com, who later said: "although upward movement still relies on U.S. jobs data: where an existing report may provide reinforcement for the recovery Yen, with 79.20/40 area under observation ". Range of support will be recorded in 80.10, 79.70 and 79.40. While the range of 80.30 resistance will be recorded, 80.60 and 81.00.
Print 1 Month High; Aussie Translucent Above 1:04
With the release of PPI figures for the third quarter and the focus turned to the RBA's decision next week, the Aussie moves up to number 1.0412 against the USD, after the end of the trading session and one week high at 1.0419 recorded. "Strong bullish signal for the short term is still seen in the hourly chart, current price as suppress the resistance level 1.0410 and the range of height: the strengthening of stability will be seen as the price approached 1.0500 in the coming sessions", said Valeria Bednarik, Chief Analyst at FXstreet . com, adding: "If risk appetite remains strong and the U.S. data does not disappoint".
For the longer term, "the movement per 4 hour chart, a bullish signal light is still there, although technical readings are still in neutral zone", said Bednarik and explained: "fall below 1.0360 will reject any further strengthening opportunities and demonstrate the range near 1.0300 ". Analysts noted the range support at 1.0380, 1.0350 and 1.0330. With a range of resistance at 1.0410, 1.0445 and 1.0480.
Euro Shows Weakening Below 1.2950
The weak performance of the euro yesterday, the last flat yesterday for this week at 1.2945, occurs ahead of important data today in the form of NFP. Euro moves down 10 pips from the opening of the Asian session yesterday, the weakest time, a little recovered from the low in the New York session at 1.2928 figure, while the daily high stands at 1.2980. "With the expectation of movement in the current session, the range of 1.2880/1.2950 may arise", said Valeria Bednarik, Chief Analyst at FXstreet.com. "Short-term technical readings turned neutral although still negative when the price still under-20 SMA and indicators under the middle price," according to the analyst noted; repeated failures that are slowly eroding strengthening buying interest, showing that the Euro is still in a bearish run medium in a few days, the big happening this weekend ahead of the 1.2880 figure below ". Valeria noted the range support at 1.2920, 1.2880 and 1.2840. While the range of 1.2950 support will be recorded in, 1.2980 and 1.3020.
Yen Stuck Below 80.20
In less than 1 hour ahead of the BoJ and data monetary Japan, S & P 500 closed with a gain as much as 1.09% on Thursday and the Nikkei index closed slightly below 8950, rising by 0.27%, the yen is 80.17, little changed from 8 hours. "Hourly graphs show some indicators rebound from the middle price, and prices held above MA movement that supports the movement up", said Valeria Bednarik, Chief Analyst at FXstreet.com, who later said: "although upward movement still relies on U.S. jobs data: where an existing report may provide reinforcement for the recovery Yen, with 79.20/40 area under observation ". Range of support will be recorded in 80.10, 79.70 and 79.40. While the range of 80.30 resistance will be recorded, 80.60 and 81.00.
Print 1 Month High; Aussie Translucent Above 1:04
With the release of PPI figures for the third quarter and the focus turned to the RBA's decision next week, the Aussie moves up to number 1.0412 against the USD, after the end of the trading session and one week high at 1.0419 recorded. "Strong bullish signal for the short term is still seen in the hourly chart, current price as suppress the resistance level 1.0410 and the range of height: the strengthening of stability will be seen as the price approached 1.0500 in the coming sessions", said Valeria Bednarik, Chief Analyst at FXstreet . com, adding: "If risk appetite remains strong and the U.S. data does not disappoint".
For the longer term, "the movement per 4 hour chart, a bullish signal light is still there, although technical readings are still in neutral zone", said Bednarik and explained: "fall below 1.0360 will reject any further strengthening opportunities and demonstrate the range near 1.0300 ". Analysts noted the range support at 1.0380, 1.0350 and 1.0330. With a range of resistance at 1.0410, 1.0445 and 1.0480.
Euro Shows Weakening Below 1.2950
The weak performance of the euro yesterday, the last flat yesterday for this week at 1.2945, occurs ahead of important data today in the form of NFP. Euro moves down 10 pips from the opening of the Asian session yesterday, the weakest time, a little recovered from the low in the New York session at 1.2928 figure, while the daily high stands at 1.2980. "With the expectation of movement in the current session, the range of 1.2880/1.2950 may arise", said Valeria Bednarik, Chief Analyst at FXstreet.com. "Short-term technical readings turned neutral although still negative when the price still under-20 SMA and indicators under the middle price," according to the analyst noted; repeated failures that are slowly eroding strengthening buying interest, showing that the Euro is still in a bearish run medium in a few days, the big happening this weekend ahead of the 1.2880 figure below ". Valeria noted the range support at 1.2920, 1.2880 and 1.2840. While the range of 1.2950 support will be recorded in, 1.2980 and 1.3020.
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