JPY Daily Review for November 9, 2018
|The Japanese Yen may be at risk as the Nikkei 225 follows S&P 500 higher after the US 2018 midterm election results. NZD/USD may focus|
|USDJPY Outlook: Bulls Remain Amid Crucial Support and FOMC Decision|
|The Elliott Wave chart pattern for USDJPY shows the potential for a bearish reversal near current levels in wave ((b)) of a bearish zigzag.|
|Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading|
|USD/JPY has been better bid as G10FX continues to chop higher in dollar terms post the midterm elections while US stocks continue to elevate the EURJP|
|The US dollar rallied significantly during trading on Thursday as the Federal Reserve has left rates on hold. It looks as if we are going to trying to go int…|
Have a nice trading!