WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

Forex trading: USD/JPY & EUR/USD levels (from MNI)

Posted by Akhilesh Ganti on Mar 28, 2013 9:37:00 PM

DOLLAR-YEN: Fundamental levels (orders, options, technicals)

95.14 22 Mar high
95.00 Medium offers
94.99 May 2010 reversal high
94.91 27 Mar high
94.83/87 Tenkan line of Ichimoku cloud/21-day ma
94.80 Medium offers

94.12 ***Current market price 0137GMT Friday

93.79 Kijun line
93.78 Support line from 23 Jan
93.53 25 Mar low
93.45 Stops
93.20 Stops
93.09 61.8% of 90.85-96.71 rise
93.00 Stops

____________________________________________________________________________

EURO-DOLLAR: Fundamental levels (orders, options, technicals)

1.2956 21-day ma
1.2910 Stops
1.2900 Tenkan line, stops
1.2885 200-dma
1.2867 Wednesday high

1.2820 ***Current mkt rate 0140GMT Friday

1.2750 Stops
1.2740 Medium demand
1.2710 Medium demand
1.2700 Medium demand
1.2680 Tech 61.8% 1.2043-1.3711
1.2662 Tech Nov13 2012 low
1.2043 July24 2012 low

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!