Flash: USD/JPY, monthly close above 100.12 key bullish development - TDS

FXstreet.com (Barcelona) -A monthly close above 100.12 in USD/JPY would suggest further gains—to the 105/110 range—are on the cards in the medium term, notes Shaun Osborne, Chief FX Strategist at TDS. Shorter-term price action, according to Osborne, with "a bull breakout from the mid-year consolidation above 98.50 earlier this month) fit with the bullish outlook."

Nov 25, 2013

USD/CAD trying to break out above resistance at 1.0567

The USD/CAD looks to technicians to have a very bullish future. The question is whether the cross will blow through the 1.0567 resistance on the first try or if it will pull back / consolidate first?

Flash: Yen bear trend looks technically powerful - RBS

Yen bearish trend looks technically powerful and has a strong underlying medium term fundamental reason that supports further gains, notes Greg Gibbs, FX Strategist at RBS.