Hiroyuki Tanaka News
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The dollar is on the verge of a downward correction versus the yen after it failed to surpass 95, Mizuho Corporate Bank Ltd. said, citing trading patterns.
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The dollar may slump to 60 yen after falling to a postwar low versus the Japanese currency last month, based on trading patterns over the past 40 years, Mizuho Corporate Bank Ltd. said.
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The dollar may rise to a seven-week high of 85 yen as technical indicators signal a bullish trend, according to Mizuho Corporate Bank Ltd.
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The dollar may strengthen to 105 yen over the next couple of years, a level unseen since October 2008, Mizuho Corporate Bank Ltd. said, citing trading patterns.
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The euro’s three-week rally against the yen may stall as it approaches a key level of resistance on a weekly ichimoku chart, Mizuho Corporate Bank Ltd. said, citing trading patterns.
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Australia’s dollar may weaken to a three-month low against the U.S. currency as a range of technical indicators signal it is entering a declining trend, according to Mizuho Corporate Bank Ltd.
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The dollar may drop to less than 70 yen, surpassing a record low reached in 1995, Mizuho Corporate Bank Ltd. said, citing trading patterns.
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The dollar may rise above 80 yen and reach the highest level in almost four months, Mizuho Corporate Bank Ltd. said, citing trading patterns.
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Malaysia’s ringgit may decline 1.4 percent in the next two weeks after the currency fell beyond a key technical level on the so-called ichimoku chart, according to Mizuho Corporate Bank Ltd.
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The dollar may fall below a post- World War II record against the yen, Mizuho Corporate Bank Ltd. said, citing trading patterns.
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