Loading, Loading!

Sitemap

Authorization

Username:
Password:

Optional Services

Brokers' News

Union's News

Exclusive IAFT analytics

Dollar is unable to overcome 84.20 level

2012-03-22

Japanese yen, being the currency of samurai nation, clearly is not going to give up, and in 84.20 region keep on enforcing on dollar severe resistance, under the pressure of which the letter again was made to retreat to 83rd figure. Here American currency successfully withholds pressure of sellers and overbought condition of stochastic is helping it. Negative on yen is still preserved on the market, but risks of deeper correction still exists, but loosing of current support may produce falling id dollar/yen to 82.60-82.00.

Dollar is unable to overcome 84.20 level
Author: James Harrison, IAFT Analyst

Forex Brokers Overview

Brokers Ratings

All Brokers Ratings

IAFT Awards

Free Call

loaded:ok