Wall Street gains on financials and techs rebound, JPY falls.

Fxstreet.com (Barcelona) - After falling yesterday, Wall Street is rising as banks and techs shares are rebounding. US Stocks are extending the biggest monthly rally for global equities since 2003. Yen is falling across the board.S&P 500 is rising 1.87%, Nasdaq gains 2.47% and Dow Jones is posting 1.82% increases, around 137 points to 7.522.09.USD/JPY is rising 1.85% from the 97.42 opening price and it has reached the 99.40 level, currently the pair is trading above 99.00.GBP/JPY has risen 2.30% from 138.89 opening price to 141.98. The pair has reached 142.26 and currently is trading above the 142.00 level.EUR/JPY has gained 2.30% from 128.48, opening price, to the currently 131.40. The pair has reached 131.71 as highest.

Forex: USD/JPY rises 1.60% to break above 99.00

FXstreet.com (Barcelona) - USD/JPY has risen around 90 pips after the US opening bell, from 98.24 to 99.15, and it is reaching a fresh three weeks after breaks the 99.00 level. Along today's session, the pair has risen around 1.60% from the 97.42 opening price.

Currently, the pair is trading around 98.90/99.10 band.According to Valeria Bednarik, USD/JPY continues moving upwards: "USD/JPY continues pushing higher and giving signals for further gains in 4 hours charts. The pair has an important congestion zone around 98.70/85, formed both by maximums and a descendant trend line, yet indicators point for further upside continuation, with momentum and CCI cutting their medium lines and still strong. A confirmation above the mentioned level, could send the pair to test this year high at 99.67, followed by 100.00 key level, and above 100.60, stronger resistance that should contain the pair in the first attempt. Failure to break above mentioned 98.70/85 zone, could send the pair back to the downside, although losses should be limited. Supports lie at 98.10, 97.70 zone and 97.38."

Forex: USD/CHF rise above 1.1400 after rebounding from 1.1357

FXstreet.com (Barcelona) - After falling from 1.1500 to find support at 1.1357, the USD/CHF has began to rise to reach levels above the 1.1400. Currently, the pair is trading around 1.1430.Along today's session, USD/CHF is losing 0.65% from the 1.1207 opening price. According to Valeria Bednarik, FXstreet.com collaborator, USD/CHF is in a correction movement: "The pair continues the bearish correction after failure to break the strong congestion zone between 1.1520/40 zone. Bearish trend seems a bit exhausted in the hourly despite 20 SMA remains clearly pointing to the downside along with momentum. Watch for a movement above 1.1410 to confirm upside bias. Under today’s low, around 1.1355, the pair could continue falling to next support levels."