JPY News Reviews 

JPY Daily Review April 30, 2017

JPY Daily Review for April 30, 2017

Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB

EUR/USD: Bullish: Anticipating a move above 1.1000.While the relatively weak daily closing has dented the upward momentum, it is still early to expect a short-term top. As long as 1.0830 is intact, we continue to anticipate a break a move above 1.1000 even though we must admit that the odds for such a move have diminishedGBP/USD: Bullish: Overbough

 

Japanese Yen Unimpressed by a Barrage of Economic Data

The Yen shrugged off a deluge of Japanese data that added to the sum total of investor knowledge but did nothing to change the prognosis

 

What’s Next For ECB, FED, BoJ? Impact On USD, EUR, JPY – BofAML

Bank of America Merrill Lynch FX Strategy Research notes that investors’ focus shifts back to central banks after the French elections.On the ECB, BofAML notes that the central bank did not rock the boat this week, and expects them to announce QE tapering this fall, as they do not seem willing to increase the issue limit or

 

Japanese Yen: Disappointing Data Add to Downside Pressure

As predicted here a week ago, the Japanese Yen declined last week and there’s little sign yet that the trend is about to change.

 

Yen Mixed with Less Short Positions

Recent changes in sentiment warn that the current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.

 

AUD/JPY at Risk for Range Bound Conditions Amid Wait-and-See RBA

The near-term rebound in AUD/JPY may fizzle over the days ahead as the RBA is widely expected to endorse a wait-and-see approach for monetary policy.

 

Dollar advances vs. yen after GDP, employment costs data

The dollar advanced against the yen on Friday while paring an earlier decline against the euro after preliminary data showed a modest expansion in U.S

 

USD/JPY and AUD/USD Forecast May 1, 2017

The US dollar rallied on Friday against the Japanese yen, testing the 50-day exponential moving average again. For the last several days, we have tested this…

 

Have a nice trading!




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