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JPY Daily Review August 8, 2017

JPY Daily Review for August 8, 2017

Forex: Top FX Headlines: Strategy for AUD/JPY, NZD/JPY with Volatility Due Next 24-hours: 8/8/17

– The Japanese Yen’s resiliency continues, and it now appears that several significant JPY-crosses could breakdown in the coming days. – Chinese inflation da…



EUR/USD: Neutral (since 07 Aug 17, 1.1785): Immediate bias is for a probe lower towards 1.1680.We just shifted to a neutral stance yesterday and there is no change to the view. EUR has likely made a short-term top at 1.1909 last week and the current movement is viewed as the early stages of a correction/consolidation phase. That said, the immediate


Post-NFP USD/JPY Range Vulnerable to Hawkish Fed Rhetoric

Fresh comments from Federal Reserve officials may spark increased volatility in USD/JPY as market participants mull the timing of the next rate-hike.


EUR/JPY: Break of Monthly Opening Range to Offer Guidance

Price is carving a monthly opening range just below key slope resistance. Here are the updated targets & invalidation levels that matter.


Strategy for AUD/JPY, NZD/JPY with Volatility Due Next 24-hours

Chinese inflation data and the August RBNZ policy meeting should bring welcomed volatility to AUD- and NZD-crosses; AUD/JPY and NZD/JPY are of particular interest.


USD/JPY and AUD/USD Forecast August 9, 2017

The US dollar fell significantly during the day on Tuesday, reaching much lower. However, we bounced enough to show signs of life, and it appears to me that …


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