USD/JPY's daily indicators became mixed

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"Since Yellen has become a candidate to succeed Ben Bernanke, she has hardly spoken about her view on monetary policy. Because the market doesn't seem to doubt she is a dove, there's a chance she is not as dovish as expected."
- Daiwa Securities (based on CNBC)

Pair's Outlook

The short-term prospects of USD/JPY are now somewhat clouded, being that some of the daily technical studies turned bearish ahead of the resistance at 99.87/76, even though it is formed only by the weekly R1 and the Bollinger band. Meanwhile, in the long run the currency pair retains the potential to advance—five out of eight indicators are giving ‘buy' signals on a monthly time-frame.

Traders' Sentiment
Although the U.S. Dollar continues to increase in value, the share of bullish towards USD/JPY market participants is not decreasing. At the moment 73% of traders reckon the up-trend will persist and only 27% consider that the probability of the price falling from here is higher.
© Dukascopy Bank SA
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Actual Topics

Wed, 13 Nov 2013 08:03:52 GMT

USD/CHF fell beneath 0.9204/0.9183

As it turned out, being reassured by the daily technicals, we were too quick to suppose that the currency pair has gained a solid ground above the monthly R1 and the 100-day SMA.

Wed, 13 Nov 2013 07:53:44 GMT

GBP/USD stops at 1.5898/50

Because of the strongly bearish for the Sterling fundamentals the support line at 1.5950 was violated yesterday.

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