Trends Forex: Japanese yen gained ground against the majors

Monday morning in Asia, Europe, Yen and Swiss week high against the currencies in the Asian stock market in the red a more cautious mood of the first announcement of the change in income after a positive number slipped about 3 - roses. The yen also advanced on the 18 day high against the pound and 4 day high against the currency or the United States.

Nikkei in 8990 and was opened in 8918 after growth in the early fall of 8850, down 57.50 points, or 0.65%, while a strong gain after investors sought to take advantage. Buy something at a lower level of progress, with the benchmark index to trade back a little and in 8865, down almost 43% the previous value.

During the initial transaction Asia on Monday, 3 units in Japan - a week in the high jump against the euro and the franc have been. Thus, a higher yen and 128.18 against the euro compared with 129.30 last week to close the price rise. The head, the next target of USD dots / JPY around 126.4 votes.

Against the Swiss franc, the yen ended Friday, 85.11 to 84.36, an increase higher than the North American deals. CHF / JPY pair compared with the short-term resistance is likely to target 83.4.

British pound to 145.35 yen against the Asian deals on Monday at the beginning of the 18-day high-rise setting. 146.77 a pair at the level of trade last week from partners has been closed. Above, GBP 141.5 is considered the first target / JPY pair.

4 day high of 98.65 yen against the dollar in early Asian trade on Monday touched. Closed on Friday, USD / JPY pair is worth 99.25. 98.2 yen to the next point of resistance is seen around.