JPY Daily Review for August 9, 2018
|The Japanese Yen has picked up some technical momentum against the US Dollar, which has strengthened it elsewhere. However the fundamentals will reassert themselves eventually|
|Hourly chart Spot Rate: 110.81 Daily High: 111.00 Daily Low: 110.71 Trend: Bullish above 110.87 (wedge resistance) Resistance R1: 110.87 (top|
|Hourly chart Spot Rate: 142.60 Daily High: 143.00 Daily Low: 142.35 Trend: Intraday bullish Resistance R1: 142.73 (resistance as per the hourl|
|The AUD/JPY is trading into 82.20 as broader market sentiment goes risk-off for Thursday, but a positive spin in the China CPI and PPI readings are gi|
|The Yen may fall as negotiators from the US and Japan reach a deal avoiding an increase in auto import tariffs, stoking optimism across financial|
|Analysts at TD Securities explained that now that the Bank of Japan has demonstrated a willingness to allow for more yield curve control (YCC) flexibi|
Have a nice trading!