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Tag Archive | "USD/JPY"

Currencies Movement and Their Support & Resistance Levels


The euro strengthened versus the greenback despite the release of positive weekly US jobless claims data on Thursday. Initial jobless claims declined to 390,000 in the last week while analysts expected the increased of 400,000 for the week.

The euro gained 0.46 percent against the US dollar to 1.3604 by the end of US trading session. The pair EUR/USD was expected to find support at 1.3484 while its resistance was likely to be seen around 1.3859 which also happens to be Wednesday’s intraday high.

The euro also gained versus its other counterparts. The single currency gained 0.35 percent against the British Pound to 0.8540 while jumped 0.26 percent to 105.66 against the Japanese yen to 105.66.

The US dollar also fell 0.22 percent against the Japanese yen at the time of writing. The pair USD/JPY was expected to find support at 77.51 while its resistance was likely to be seen around 78.19. The US dollar also fell versus the British Pound as the Pound Sterling gained 0.14 percent to 1.5937 versus the greenback. The pair GBP/USD was expected to find support at 1.5869 while its resistance was likely to be seen at 1.6130. The British Pound however fell 0.12 percent against the Japanese yen to 123.70.

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Currencies Movement and Their Support and Resistance Levels


The single currency gained as the greenback weakened on Thursday after the release of the weekly US Jobless claims data. The euro jumped 0.55 percent against the US dollar to 1.3822 by end of US trading session despite decrease in initial jobless claims to 397,000 for the last week as compared to expected figure of 400,000.

The pair EUR/USD was expected to find support around 1.3609 while its resistance was likely to be seen at 1.419. The euro fell 0.01 percent versus the British Pound to 0.8620 while gained 0.57 percent against the Japanese yen to 107.89.

The US dollar gained 0.07 percent against the Japanese Yen to 78.10 by the end of US session. The pair USD/JPY was expected to find support at 75.58 while its resistance was likely to be seen at 79.53. The US dollar remained under pressure versus other currencies as the British Pound gained 0.56 percent to 1.6038 versus the greenback.

The pair GBP/USD was expected to find support at 1.5877 while its resistance was likely to be seen at 1.6166. The British Pound also advanced 0.62 percent against the Japanese Yen to 125.24 at the time of writing.

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Major Currencies and Their Support and Resistance Levels


The euro gained on Wednesday against its major rival currencies in reaction to disappointing US nonfarm jobs data. As per latest report of ADP, Nonfarm employment change increased to 110,000 last month as compared to non-farm employment figure of 91,000 in prior month. The euro gained 0.31 percent to 1.3745 versus the US dollar at the time of writing. The pair EUR/USD was expected to find support at 1.3609 while its resistance was forecasted at 1.4199.

The euro also surged against the British Pound. The single currency advanced 0.433 percent against the British Pound to 0.8620 however fell 0.12 percent versus the Japanese yen to 107.28.

The British Pound fell 0.04 percent to 1.5943 against the US dollar by the end of the US session. The pair GBP/USD was expected to find support at 1.5891 while its resistance was projected at 1.6166. The British Pound also fell 0.46 percent against the Japanese yen to 124.44.

The US dollar dropped 0.39 percent to 78.07 against the Japanese yen. The pair USD/JPY was expected to find support at 75.58 while its resistance was likely to be seen at 79.53.

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Major Currencies and Their Support and Resistance Levels


The single currency strengthened versus the greenback on Thursday. The euro surged 2.02 percent to 1.4188 against the US dollar by the end of US session. The pair EUR/USD is expected to find support at 1.3800 while its resistance could be seen at 1.4246. The euro also gained versus the British Pound and the Japanese Yen as the pair EUR/GBP surged 1.27 percent to 0.8814 while against the Japanese yen the 17-nations shared currency soared 1.70 percent to 107.72

The US dollar declined 0.26 percent against the Japanese yen to 75.98 at the time of writing. The pair USD/JPY was expected to find support around 75.66 while its resistance could be seen at 76.48. The greenback also remained under pressure versus the British Pound as the pair GBP/USD jumped 0.79 percent to 1.6100. The pair GBP/USD was expected to find support at 1.5891 while its resistance could be seen at the level of 1.6142.

The British Pound also gained 0.37 percent versus the Japanese Yen to 122.13.

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Major Currencies and Their Support and Resistance Levels


The euro gained 0.10 percent to 1.3571 versus the greenback on Tuesday. The pair EUR/USD is expected to find support at 1.3653 while its resistance could be seen at the level of 1.3914 level. The euro was also stronger versus the British Pound and the Japanese yen as the single currency gained 0.28 percent to 0.8750 versus the British Pound while advanced 0.09 percent against the Japanese Yen to 105.64 on Tuesday.

The US dollar also tuned higher versus the Japanese Yen on Tuesday. The greenback gained 0.02 percent to 76.84 against the Japanese Yen by the end of the US session on Tuesday. The pair USD/JPY is expected to find support at 76.60 while its resistance could be seen at 77.45. However the US dollar fell 0.17 percent versus the British Pound to 1.5718 at the time of writing.

The pair GBP/USD is expected to find support at 1.5632 while its resistance could be seen at 1.5853. The British Pound fell 0.03 percent to 120.92 versus the Japanese Yen.

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Major Currencies Movement and Their Respective Support and Resistance Levels


The euro slightly fell 0.01 percent versus the greenback to 1.3640 on Tuesday. The pair EUR/USD is expected to find support at 1.3242 while its resistance could be seen at the level of 1.3698. The euro also fell versus the Japanese Yen however gained against the British Pound. The single currency was up 0.55 percent versus the Pound Sterling to 0.8756 whereas fell 0.04 percent to 104.56 against the Japanese Yen.

The greenback also fell 0.01 percent versus the Japanese Yen to 76.66 by the end of the US session on Tuesday. The pair USD/JPY is expected to find support at 76.56 while its resistance could be seen at 76.91 which also happens to be Friday’s intra-day high. The US dollar gained versus the British Pound the as the pair GBP/USD fell 0.58 percent to 1.5578 at the time of writing.

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