USD/JPY continues to appreciate

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"There is a huge expectation built in about what the Bank of Japan will need to deliver to validate the moves to date. We expect a correction in the yen, but the most likely time is perhaps after the BOJ meeting."
- National Australia Bank Ltd. (based on Bloomberg)

Pair's Outlook
USD/JPY pair appreciates further making a high at 89.67, the highest level since June, 2010. The major Asian currency pair demonstrates a significantly strong bullish impetus, which is pushing the price in an overbought zone. The RSI has a value of 83 in a weekly graph and 76 in a daily graph. The next resistance level is at 90.13, where the Bollinger band and the monthly R2 are located.

Traders' Sentiment
SWFX market investors still trade with bearish sentiments in the market, as 42% of positions are long and 58% are short. Pending orders segment is bullish, since 81% of orders are long and 19% are short.

© Dukascopy Bank SA
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Actual Topics

Mon, 14 Jan 2013 09:39:54 GMT

USD/CHF fluctuates in a lower part of the Bollinger band

As USD/CHF pair has settled in the lower part of Bollinger bands on Friday, the pair fluctuates around a 0.9124 level, which was the support for a price's reverse after Christmas break.

Mon, 14 Jan 2013 11:47:05 GMT

Asian stocks appreciate leading by Chinese equity

The MSCI Asia Pacific excluding Japan index was higher by 0.3% to 477.41 points in the midday time in Hong Kong trading session on Monday. Stocks in Asia, excluding Japan equity, was increasing for a third day out of four leading by Chinese shares. The China's Shanghai Composite index was up by 2.4%, as market was driven by positive speculation,

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