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Finotec News Archive - August 27 2007

USD/JPY

USD/JPY Daily Technical Reports

Rodian Rahnayev
27 August 2007

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Something here for everybody with 115.55 now providing excellent support and 117.20 looking like formidable resistance. Trade the edges of this range initially. A break below 115.55 should signal a return to the recent major down trend whilst a break above 117.20 targets a 119.35 full 61.8% retracement.

Finotec Analysis Team
27 August 2007

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Today's Economic Events

Time	Event	Currency	Period	Previous	Forecast	Actual
23:50	Monetary Policy Meeting Minutes	JPY	Jul

14:00	Existing Home Sales	USD	Jul	5.75M	5.7M	5.75M
Existing Home Sales Measures the annualized number of existing residential buildings that were sold during the previous month.

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Contract	Bid	Ask	Time	Change
USD/JPY	100.64	100.67	20:59:59	0.02%

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