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JPY Daily Review July 5, 2018

JPY Daily Review for July 5, 2018

USD/JPY drops to 200-hour MA on trade tensions

The bid tone around the Japanese Yen strengthened, pushing the USD/JPY pair down to 110.300 (200-hour MA). At press time, the currency pair is tradin

 

AUD/JPY edging towards 81.00 as trade fears continue unabated

The AUD/JPY is trading down into 81.40 in the early Thursday Asia session after middling through Wednesday’s markets. The Aussie is shedding some gro

 

USD/JPY Technical Analysis: Bear flag breakdown on 15-min chart

15-min chart Spot Rate: 110.38 Daily High: 110.62 Daily Low: 110.30 Trend: Bearish Resistance R1: 110.60 (5-day moving average) R2: 110.90 (J

 

USD/JPY Risks Larger Pullback Following Failed Run at March-High

USD/JPY may continue to consolidate ahead of the highly anticipated Non-Farm Payrolls (NFP) as the pair persistently fails to test the March-high (111.40).

 

USD/JPY: has been mixed on the back of a cautionary set of FOMC minutes, (less hawkish bias)

USD/JPY has been mixed on the back of the June FOMC minutes where importantly, they came with the statement that gradual hikes needed amid very strong

 

USD/JPY and AUD/USD Forecast July 6, 2018

The US dollar has rallied significantly during the trading session on Thursday, breaking above the top of the shooting star from Wednesday, which of course i…

 

Have a nice trading!




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