Dollar Versus Euro and Yen September 26th

FX Strategy Video > Currency Pairs Analysis

EUR/USD fell during the session on Tuesday as the markets went into a "risk off" mode. The 1.29 level offered support, and as a result we didn't travel far. However, this pair looks somewhat vulnerable for a move down to the 1.2750 level, and at that point we think that buyers may step back into the market.

The USD/JPY pair fell but bounced in order to forma  hammer. This hammer is just under the 78 level, and as a result we think this pair could see a bit of a bid. The Bank of Japan is lurking as well....

Published on 25th of September 2012
eTorro - Trading Starts Here

Start Trading Forex with up to $10,000

  • 100s Videos and FX Strategy articles
  • Advice from our FX traders
  • Practive free with using real time