By Yasuhiko Seki The pound failed to approach resistance near the conversion line of an ichimoku chart against the yen, signaling the British currency will resume a downward trend, Toshiya Yamauchi , manager of foreign-exchange margin trading at Ueda Harlow in Tokyo, said in an

Jan. 29 (Bloomberg) -- The U.S. dollar is poised to gain toward a six-month high against the Swiss franc, Ueda Harlow Ltd. said, citing trading patterns. The greenback breached a 200-day moving average line against the franc, signaling the U.S. currency’s advance may accelerate in t

AAP The Australian dollar closed weaker on Monday, despite a late session surge that saw the unit recoup some of its weekend losses. At 1700 AEDT, the Australian dollar was trading at $US0.9220/25, down from Friday's close of $US0.9277/83. Since 0700 AEDT, the local unit traded

The U.K. currency rose 0.6 percent to $1.6264 at 10:20 a.m. in New York. It advanced through resistance between $1.6240 and $1.6260, according to a report by Citigroup analysts led by chief technical analyst Tom Fitzpatrick in New York. A downward channel connects a series of declining highs

Thin liquidity could exacerbate currency market movements as investors return to safe havens, mostly if Nikkei 225 follows its predecessors and trigger stronger falls under the 9000 points level. Japanese yen continues appreciating strongly against most rivals, having reached a fresh 14 years...

average convergence/divergence, also signal investors should sell the euro, he said. “The key to ascertaining the trend for the following months is whether the euro can recover to 134 yen,” Hashimoto said. “A failure to reach the level may create opportunities for further declines, possi