By Keith Jenkins “Dollar-yen is critically poised,” Karen Jones , head of fixed-income, commodity and currency technical analysis in London, said in a telephone interview today. “The market is holding sideways below the 55-day moving average at 90.67. However, it’s impo

By Ron Harui The moving average convergence/divergence chart shows a buy signal for the greenback against the yen, and the 14-day relative strength index also indicates the U.S. currency will keep gaining, said Pak Lai Ng , a technical analyst at Forecast in Singapore. MACD is showing a

March 5 (Bloomberg) -- The dollar may weaken to 84.83 yen, a 15-year low reached in November, Mizuho Corporate Bank Ltd. said, citing trading patterns. The greenback’s drop below the so-called cloud on an ichimoku chart signals the currency is in a downtrend, said Hiroyuki Tanaka

By Wes Goodman Yields approached the moving-average level once in December and twice in February, only to rise in the following days, data compiled by Bloomberg show. The 10-year yield was little changed today at 3.62 percent as of 2:34 p.m. in Tokyo, and the average level was 3.55

By Anchalee Worrachate Europe’s currency has lost 5.5 percent against the dollar this year on concern nations including Greece and Portugal will struggle to contain their budget deficits. “There are absolutely no signs on the monthly candles that the sell-off in the last t

By Allison Bennett “The euro versus the Canadian dollar has significantly diverged from its trend,” wrote Stuart Bennett , senior strategist at Credit Agricole in London, in a research note to clients. The firm recommends going long on the euro with a bet that it will apprec

By Zijing Wu The index, used by IntercontinentalExchange Inc. to track the dollar against the currencies of six major U.S. trading partners including the euro and yen, may rise to 84, the highest level since May, in three months as the 50-day moving average crossed above the 200-day

By Daniel Kruger The greenback is vulnerable on reduced demand for safety as concern eased that Greece’s deficit crisis will slow the global recovery and China’s markets stayed closed for its New Year celebration after the central bank restricted lending last week, said

By Keith Jenkins The euro remains within the confines of a so-called downchannel, which leaves the immediate outlook negative, Karen Jones , head of fixed-income, commodity and currency technical analysis in London, wrote in a research report today. “The downchannel lies at 123.