DailyFX | April 27 2012 6:15 EDT
We continue to hold a short Euro position against the US Dollar and looking for an attractive setup to sell the Japanese Yen against the greenback.
Major Currencies vs US Dollar
(% change week-to-date)

EURUSD: Holding Short Below Key Trend Line
USDJPY: Waiting for Long Entry Opportunity
GBPUSD: Year-Old Trend Line Barrier in Sight
USDCAD: Interim Support Found Above 0.98
AUDUSD: Standing Aside as Prices Consolidate
NZDUSD: Well-Defined Range Continues to Hold
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak
To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com