country flagالعربية
0

The Japanese yen fell against major currencies in European trading on Tuesday

2018-03-13 11:56 am | Resource: NEWS | No Views : 73



The Japanese yen fell against major currencies in European trading on Tuesday.

The yen fell to a weekly low of 113.17 against the franc, near a 3-week low of 132.37 against the euro and near a two-week low of 149.01 per pound from a previous high of 112.18, 131.11 and 147.77 respectively.

The yen fell nearly 3-week lows at 78.59 against the kiwi and 84.46 against the Australian dollar, from an intraday high of 77.56 and a 4-day high of 83.63, respectively.

The yen fell to a two-week low of 107.27 against the US dollar, reversing from a 4-day high of 106.25, and the yen weakened to 83.44 against the Canadian dollar, from a 4-day high of 82.74.

If the yen drops further, support may find around 110.0 against the US dollar, 116.00 against the franc, 135.00 against the euro, 151.00 against the pound, 85.00 against the Canadian dollar, 80.00 against the kiwi and 86.00 against the Australian dollar.


Other analysis

USDJPY Technical analysis 22 June 2018

Time frame Used - four hours The USDJPY is moving in a bearish direction in the near term    The selling force managed to control the USDJPY to retreat again below the uptrend line to reach to level of  109.83, forming a positive candlestick pattern and a bottom higher than  of the previous bottom   In view of the technical indicators Both the RSI and the Stochastic are indicating signs…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.