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JPY Daily Review July 2, 2018

JPY Daily Review for July 2, 2018

USD/JPY backs off from 1.5-month high as S&P 500 futures turn red, Asian stocks report losses

The USD/JPY is trading at 110.80, having clocked a session high of 111.06 – the highest level since May 22. The decline from 111.06 to 110.80 could b


GBP/JPY Technical Analysis: Negative divergence on the hourly RSI

Hourly chart Daily chart Spot Rate: 146.43 Daily High: 146.59 Daily Low: 145.77 Trend: Bullish move may stall Resistance R1: 146.65 (June 2


USD/JPY clips the 111.00 key barrier for early Monday

The USD/JPY pair has broken the 111.00 major level early on Monday as the US Dollar continues last week’s moves against the Japanese Yen, and the USD/


AUD/JPY hits two-week high in Asia

The AUD/JPY pair rose to 82.11 on Monday – the highest level since June 18 and was last seen trading at 82.06. The Japanese Yen ran into offers in As


EUR/JPY Technical Analysis: Bearish RSI divergence, double top seen in hourly chart

Hourly chart Spot Rate: 129.04 Daily High: 129.50 Daily Low: 129.04 Trend: Pullback in the offing Resistance R1: 129.50 (session high) R2: 13


Euro slips on German news; JPY relatively untouched by some weaknesses in latest Tankan report

Broader sentiment made it into positive territory on the last trading day for June, as the major US indices gained support for the day but nevertheless closed the week on a negative tone.


Bullish USD/JPY Sequence Keeps March-High on Radar

USD/JPY appears to be making another run at the March-high (111.40) as it extends the series of higher highs & lows from the previous week.


USD/JPY: last minute attempt from the bulls with eyes on 111 handle again

Despite the sell-off in global stocks, USD/JPY has been in chop between the European lows of 110.60 and the Asian, overnight, highs of 111.06 with bul


USD/JPY upside bias intact but limited by 111.00

The USD/JPY pair is rising for the fifth consecutive day but still remains unable to extend the move above 111.00. The greenback is among the top perf


GBP/JPY finds support ahead of 145, struggles to recover amid flight-to-safety

After making a decisive recovery on Friday, the GBP/JPY pair recorded a 50-pip gain for the week but failed to preserve its momentum on Monday as the


USD/JPY and AUD/USD Forecast July 3, 2018

The US dollar initially fell during trading on Monday against the Japanese yen but has found a bit of support based upon the previous downtrend line which is…


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