USDJPY Classic Technical Report 08.17.2012

By Ilya Spivak | DailyFX – Fri, Aug 17, 2012 8:50 PM SGT

Companies:

RELATED QUOTES

SymbolPriceChange
USDJPY=X95.51000.13

Prices broke above resistance at 79.12 having taken out the top of a rising channel set from the July 26 low. Buyers now aim to challenge the next upside objective at 79.91, a former range top, with a break above that targeting 80.39. The 79.12 level has been recast as near-term support.

USDJPY_Classic_Technical_Report_08.17.2012_body_Picture_5.png, USDJPY Classic Technical Report 08.17.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

 
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
Save List to Portfolio »
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    NamePriceChange% Chg
    1.2608-0.00-0.09%
    USDSGD=X
    1.6887-0.00-0.09%
    EURSGD=X
    1.9702-0.00-0.17%
    GBPSGD=X
    75.75980.18+0.23%
    SGDJPY=X
    6.15390.01+0.09%
    SGDHKD=X
    2.51120.01+0.44%
    SGDMYR=X
    7,856.40436.33+0.08%
    SGDIDR=X
    4.86470.01+0.13%
    SGDCNY=X
    1.1940-0.00-0.24%
    AUDSGD=X
    More Currencies »
  • Commodities
    NamePriceChange% Chg
    1,365.50-1.20-0.09%
    GCN13.CMX
    21.920.24+1.10%
    SIM13.CMX
    100.32-2.69-2.61%
    ^XAU
    3.160.01+0.21%
    HGM13.CMX
    97.950.05+0.05%
    CLX13.NYM
    More Commodities »
  • Bonds
    TreasuryYield (%)Yield Change
    1.050.01
    ^FVX
    2.180.01
    ^TNX
    3.34-0.01
    ^TYX
    More Bonds »

MARKET MOVERS

  • Most Actives
    NamePriceChange% Chg
    0.1580.00+1.94%
    5GC.SI
    0.5750.01+2.68%
    GJ8.SI
    0.1120.00+0.00%
    5RJ.SI
    0.380.00+1.33%
    Y02.SI
    0.5750.00+0.00%
    E5H.SI
    More Most Actives »
  • % Gainers
    NamePriceChange% Chg
    0.160.02+10.34%
    595.SI
    1.800.07+4.35%
    U05.SI
    0.300.01+3.45%
    DM0.SI
    0.310.02+5.08%
    550.SI
    0.510.01+3.03%
    T13.SI
    More % Gainers »
  • % Losers
    NamePriceChange% Chg
    0.525-0.01-1.87%
    AP4.SI
    5.78-0.09-1.53%
    I98.SI
    0.245-0.00-2.00%
    MC7.SI
    12.69-0.23-1.78%
    QL1.SI
    3.70-0.07-1.86%
    Z74.SI
    More % Losers »