More from FXstreet.com

Forex: EUR/JPY heading towards 113.00

By FXstreet.com,  August 02, 2010, 12:26:00 AM EDT

FXstreet.com (Barcelona) - The Japanese yen is once again strengthening against other majors this morning over Asia, sending the EUR/JPY on a downward slide at time of writing. The pair peaked earlier around 113.40 before reversing course and erasing gains.

Right now the EUR/JPY quotes at 113.04 without showing signs of finding firm support. With strongly bearish tendencies, immediate support is listed at 112.92 and later 112.64. To the upside, resistance is placed at 113.21 and 113.31.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

Official: Fed's Interest Rate Policy Is Insufficient
Official: Fed's Interest Rate Polic...
NYPD's Raymond Kelly: Stop-and-Frisk Laws Save Lives
NYPD's Raymond Kelly: Stop-and-Fris...
Top 10 Places Fighting for Independence
Top 10 Places Fighting for Independ...
Moms Hire Handicapped Tour Guides to Skip Lines at Disney
Moms Hire Handicapped Tour Guides t...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.43 0.07  0.52%
CSCO $ 24.24 0.35  1.48%
MSFT $ 34.87 0.79  2.32%
F $ 15.08 0.44  3.01%
ARUN $ 13.10 4.51  25.61%
SIRI $ 3.50 0.05  1.45%
GE $ 23.46 0.19  0.82%
S $ 7.32 0.04  0.55%