Dollar Versus Yen and Franc September 24th

FX Strategy Video > Currency Pairs Analysis

USD/JPY fell a bit during the session on Friday, but hovers just above the massive support area of 78. The pair looks as if it is ready to attempt another leg down, but the Bank of Japan will more than likely have a lot to say about that....

The USD/CHF pair fell initially during the Friday session, but by the time the markets closed - it had closed positive, and formed a hammer as well. The market looks like it wants to go a bit higher, but we see the 0.95 level as being about as far as it can go.

Published on 22nd of September 2012
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