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USD/JPY making another shot at 110

USD/JPY was deflected by the strong resistance area 110 - 110.5 (February high, 200 DMA, 50 WMA) last week, after briefly trading above the big figure. There was enough demand in the 108.5 - 109 area (100 DMA) and with Iran risk out of the way, the pair can now make another shot at the resistance. U.S. PPI (today) and CPI (tomorrow) inflation reports could provide some fuel for the rally.
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Forex Trading fundamental challenges in Iran.

Forex Trading fundamental challenges in Iran. Dear Friends,

The forgiveness of this article is written in Persian, but the necessity of this issue in Iran is serious.
Please translate and read it and comment on it, hereby Support Forex traders in Iran .
Hoping for better days
thanks
چالش های بنیادی در تحلیل بازار سهام واستفاده از آن در ایران بدیهی است عمده ترین اهداف علم اقتصاد ، به درستی ، بررسی آنچه در گذشته در مناسبات مالی رخ داده است ، توجیه و تبیین آنچه در حال رخ دادن است و د…
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Loonie setting up for a break to new highs

Iran and the negotiators from the global powers have reached a nuclear agreement. That could see an easing of sanctions against Tehran and a gradual increase in its oil exports in the weeks ahead.
Loonie rallied in response and is currently testing seven-month range top between 1.2800 and 1.2835. If it manages to break and hold above that, the next target would be 2009 high at 1.3064 and then 61.8% retracement of the 2001 to 2007 decline near 1.3470.
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What is Next for Syria?

I don’t want to be too negative, but the escalation of violence in Syria is one of the scariest things I have come across since the Bay of Pigs Invasion! If the Assad regime is confirmed as using chemical weapons in an attack on the population - which allegedly has killed around 1000 people – the political ramifications could be huge. President Obama has already said that such an attack would signify a crossing of `the red line` and this morning, France has insinuated that force may well be nee…
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Zett avatar
Zett 22 Ago

one thing must be done. get off with any plans from Syria. stop financing or arming any islamist fanatics. Your neo-fascist regime now testing the patience of the rest of the world. Everything has been completely tired of your "care." Stop the policy of double standards and engage better with your internal problems, before it is too late, before you are not at the beginning of the same, that you have arranged in Libya, Egypt and Syria.
Boomerang always returns.

annatimone avatar

I think this whole terrorist rigmarole is first and foremost a chimera created by the western intelligence services, mostly British and US. You should read “The Age of Oil’ by Leonardo Maugeri. The Americans where losing the war, their planted well paid foreign mercenaries were switching sides. This is what they need to sell to the rest of the world to justify an invasion.

annatimone avatar

And of course, nothing like beating up on another country to distract people from issues at home, the US is hardly in a position to preach morality to the rest of the world and unfortunately for Syrians, Syria is just the easy-ish target of the moment which satisfies multiple political agendas. The pretence that Obama gives two squats about individual Syrians is a laughable facade and in any case, there was compelling evidence that it was the rebels who used the chemical weapons.

seediee avatar
seediee 24 Ago

So upsetting what's happening in Syria. Just watching the news and can't believe my eyes or ears!
Its shocking and disturbing.
The red line has been crossed 100 times! :(((

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