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Time: 13:43 NYT 
EURUSD:  1.2716
USDJPY:  83.68
GBPUSD:  1.5332
USDCHF:  1.0105
AUDUSD:  0.9130
USDCAD:  1.0449
AUDJPY:  76.41
EURJPY:  106.42
GBPJPY:  128.32
EURGBP:  0.8290
GBPCHF:  1.5495
EURCHF:  1.2849
Short Term
Interest Rates
US 0-0.25%  
Japan 0.1%  
Euro 1%  
UK 0.5%  
Swiss 0.25% 
Aus 4.5%  
Can 0.75% 
 
   




























FX INSIGHTS Archives
DAILY TECHNICAL OUTLOOK ON USD/JPY                                  All times in GMT
Last Update At 06 Sep 2010 23:48 GMT
Trend Daily ChartDaily Indicators21 HR EMA55 HR EMA
Down Falling 84.23 84.29
Trend Hourly ChartHourly Indicators13 HR RSI14 HR DMI
Near term down Falling 42 -ve
Daily Analysis
Consolidation with downside bias
ResistanceSupport
85.91 - Last Mon's high
85.23 - Fri's high
84.50 - Y'day's high
84.00 - Last Thur's low
83.58 - August's low
83.10 - 61.8% proj. of 88.12-83.58 fm 85.91
        USD/JPY - 84.18.. Although the greenback was under pressure following the 
selloff fm 85.23 to 84.23 in Friday's NY session n weakened briefly to 84.05 in 
early trading in NZ morning on Monday b4 staging a brief rebound to 84.50, intra-
day renewed cross-buying of yen slowly pressured price to 84.04.
       Today, the pair is expected to move inside recent familiar range of 83.66
-85.23 as focus is on other dlr majors, however, intra-day firmness in yen sug- 
gests choppy consolidation with downside bias remains but only breach of last 
week's low at 83.66 wud confirm recent downtrend has once again resumed n bring 
re-test of Aug's 15-year low of 83.58, then later twd 83.10, being 61.8% proj. 
of the MT intermediate fall fm 88.12-83.58 measured fm 85.91.
       In view of abv analysis, selling dlr on intra-day recovery is still recom
mended as only abv 84.70/80 wud risk stronger gain twd 85.23 but as mentioned 
earlier, the choppy price action fm 83.58 is possibly unfolding into a triangle
(a-leg top at 85.91, b-leg trough at 83.66 n Fri's 85.23 high was the c-leg top)
, only abv 85.23 wud abort this view n risk possible re-test of 85.91.

 

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