EUR/JPY closes in on 132.51/09

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"The market sentiment wasn't helped by the slightly softer Ifo numbers and also the Draghi comments suggesting that the outlook remains uncertain and that there is a good chance there would be more monetary easing."
- RBS (based on Reuters)

Pair's Outlook

EUR/JPY remained on a bearish track and slid even lower today, being unable to rise beyond the resistance at 133.81/72. However, the downward momentum might not be fully exhausted yet—there is still some room for the decline, to the up-trend support line at 132.51/09. Then we are likely to witness a start of the recovery that is currently implied by the daily and monthly studies.

Traders' Sentiment
Though the most recent price action can hardly be classified as tranquil, the distribution among long and short positions remains the same as yesterday, respectively 47% and 53%. Concerning the orders placed on the pair, 63% of them are to purchase and 37% are to sell the Euro against the Yen.
© Dukascopy Bank SA
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Actual Topics

Tue, 24 Sep 2013 13:51:02 GMT

AUD/USD stays at 0.9404/0.9379

For the time being AUD/USD is supported by the area at 0.9404/0.9379, but nevertheless hesitates to rally, even though an overwhelming majority of technical indicators on a daily time-frame are giving ‘buy' signals.

Tue, 24 Sep 2013 08:07:43 GMT

USD/CHF remains under pressure

Area through which the pair plummeted it the end of the last week (0.913/17 ) is acting as a very strong resistance at the moment.

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