USD/JPY could recover to 112,00/45 – Commerzbank

Karen Jones, head of FICC Technical analysis at Commerzbank, notes that the possibility exists that it comes to a short-term Squeeze to the top in the direction of 112,00/45. Important Quotes “The USD/JPY eroded the support of the previous downtrend and the Cloud. The 200-day MA of 109,78 defending the April Low of 108,13. On […]

Gold recovery from the lows with a weaker USD

FXStreet – The metal is acted on Friday in a narrow Range and is currently trading around 1250 with a slight loss. Gold weekly resistance is at 1265 $ The prices for the yellow metal to rise 2. Week in a row, after starting from the may lows in the area of 1214 came to […]