Commerzbank - Yen weaker on technical momentum not because of rising unemployment rates in Japan or BoJ intervention. "Prices above 79 in $USDJPY are now being quoted as next targets. Initially we remain sceptical though as many investors are likely to have jumped on the bandwagon at a relatively late stage. As a result there should be a relatively high number of stop-losses in the area around 77.75," "That means the rally might soon end should risk aversion rise,

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Looks like a trend change $USDCHF, says Commerzbank will be confirmed on a break above 0.9066-0.9088 then target 0.9175 and 0.9203 below the February low of 0.8931 will now negate this bullish outlook

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Commerzbank order book model $EURUSD buy orders exceeded sell orders. At levels around 1.3121 the orders are about equal

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