Forex Trading – USD/JPY

Posted on May 17, 2012 by Forex

Forex Trading – USD/JPY

During the trading hours yesterday, the US dollar was in range 80.20-80.50 JPY. This morning the currency pair is trading at 80.20-80.35. According to the analyses of Trading 212, if US dollar breaks the resistance levels at 80.25-80.40 JPY, the aim will be reaching and testing the zone 80.60-80.75 JPY. If it is successful, the upward trend will continue to 81.00-81.15 JPY. If USD drops below the support levels at 80.10-79.85 JPY, it will try to find a next support at 79.60-79.40 JPY. In case of breaking down, the downward trend will continue to 79.20-79.00 JPY.

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Forex Trading – EUR/USD

Posted on May 15, 2012 by Forex

Forex Trading – EUR/USD
Yesterday, during the first trading hours euro began lowering its value and during the US session it reached 1.2825-1.2905 USD. This morning the currency pair is trading at 1.2815-1.2835. According to the analyses of Trading212, if euro breaks the resistance levels at 1.2835-1.2855 USD, the aim will be reaching and testing the zone 1.2880-1.2905 USD. If it is successful, the upward trend will continue to 1.2920-1.2935 USD. If euro drops below the support levels at 1.2815-1.2800 USD, it will try to find a next support at 1.2780-1.2760 USD. In case of breaking down, the downward trend will continue to 1.2735-1.2715 USD.

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Danish krone

Posted on May 13, 2012 by Forex

Danish krone (DKK) – The European Central Bank officially announced the exchange rates for the foreign currency for the day. The Danish currency became a little bit expensive to the level of 7.4334 EUR for 10 DKK, and for 1 EUR you can buy 1.3453 DKK.

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Czech krone

Posted on May 13, 2012 by Forex

Czech krone (CZK) – The European Central Bank officially announced the exchange rates for the foreign currency for the day. The Czech currency became a little bit cheaper to the level of 25.2530 EUR for 100 CZK, and for 1 EUR you can buy 3.9599 CZK.

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Japanese Yen

Posted on May 13, 2012 by Forex

Japanese Yen (JPY) – The European Central Bank officially announced the exchange rates for the foreign currency for the day. The Japanese currency became a little bit cheaper to the level of 103.4800 EUR for 100 JPY, and for 1 EUR you can buy 0.9664 JPY.

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