JPY News Reviews 

JPY Daily Review November 13, 2019

JPY Daily Review for November 13, 2019 USD/JPY stays bid above 109.00 despite trade worries, Hong Kong unrest With the resumption of the US bond trading, the USD registers broad recovery. The USD/JPY, being no exception, takes the bids near 109.20.   USD/JPY moves back closer to multi-month tops, around 109.25-30 region The USD/JPY pair caught some fresh bids on Tuesday and has now moved well within the striking distance of multi-month tops set last week. Having shown   JPY Futures: upside appears limited In light of advanced data for…

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JPY News Reviews 

JPY Daily Review November 12, 2019

JPY Daily Review for November 12, 2019 USD/JPY technical analysis: Sellers look for entry below 109.00 Failure to rise successfully beyond May-end tops drags the USD/JPY pair to near-term support line while flashing 109.06 as a quote.   AUD/JPY ignores downbeat catalysts from Japan as risk sentiment dwindles With the renewed tension surrounding Hong Kong protests and on-going uncertainty concerning the US-China trade relations, AUD/JPY steps further backwards.   USD/JPY nears multi-month high after BOJ Summary of Opinions, Japan Machinery Orders With the BOJ holding its bearish bias intact and…

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JPY News Reviews 

JPY Daily Review November 11, 2019

JPY Daily Review for November 11, 2019 GBP/USD Price at Turning Point, Trade Uncertainty to Boost Yen? The British Pound sits at a potential turning point versus the US Dollar after the BoE. The anti-risk Japanese Yen may recover losses as developments jawboned US-China trade hopes.   US Dollar Price Volatility Report: USD/JPY, AUD/USD, USD/CAD USD/JPY, USD/CAD and AUD/USD price action comes into focus for Friday’s trading session with US consumer sentiment data, a Canadian jobs report and US-China trade headlines expected to stir volatil…   USD/JPY consolidates in a…

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JPY News Reviews 

JPY Daily Review November 8, 2019

JPY Daily Review for November 8, 2019 GBP/JPY Technical Analysis: Drops to 1-week-low, 21-day SMA question sellers A failure to provide an upside break of the trading range since October 24 drags GBP/JPY to 21-day SMA while taking rounds to 139.60 ahead of the UK open.   USD/JPY Technical Analysis: Flashing red below 200-day MA, down 20+ pips in Asia USD/JPY is currently trading at 108.74, representing a 24-pip loss on the daily open of 108.98. The currency pair is losing altitude amid the moderate   USD/JPY jumps to session…

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JPY News Reviews 

JPY Daily Review November 7, 2019

JPY Daily Review for November 7, 2019 Japanese Yen May Rise as the US Dollar Reversal Speeds Up in Asia The US Dollar and Japanese Yen may rise during Asia trade as fading Fed rate cut bets offer a contrasting narrative to US-China trade deal hopes. The Australian Dollar is vulnerable.   USD/JPY reverts to 109.00 despite dismal Japanese service sector data USD/JPY is feeling the pull of gravity, despite the weak Japanese macro data. The currency pair is currently trading at 109.04, having hit a low of 10  …

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JPY News Reviews 

JPY Daily Review November 6, 2019

JPY Daily Review for November 6, 2019 USD/JPY and AUD/USD Soar as US Mulls Lifting Some Chinese Tariffs The Japanese Yen fell and the Australian Dollar rose after reports crossed the wires that the US is mulling removing some tariffs against China, raising the prospect of a trade deal.   EUR/JPY technical analysis: Positive above 200-hour EMA, inside a rising channel Although EUR/JPY trades in a range around 61.8% Fibonacci retracement, it keeps the overall bullish bias intact while taking rounds to 121.00.   USD/JPY technical analysis: Extending gains, trapped…

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JPY News Reviews 

JPY Daily Review November 5, 2019

JPY Daily Review for November 5, 2019 US Dollar, Yen Sank as S&P 500 Hit Record. AUD 2018 Trend Line Eyed The anti-risk US Dollar and Japanese Yen fell as China PMI, US jobs data and trade deal hopes pushed the S&P 500 to another record. The AUD/USD downtrend may be overturned.   USD/JPY technical analysis: Holding 2.5-month rising trendline USD/JPY found bids below the support of the trendline connecting Aug. 26 and Oct. 3 lows on Friday. So far, however, Friday’s defense of the trendline   GBP/JPY clings to…

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JPY News Reviews 

JPY Daily Review November 1, 2019

JPY Daily Review for November 1, 2019 GBP/JPY technical analysis: Flat lined above 140 despite flag breakout GBP/JPY is struggling to post sustainable gains above 140 despite a bullish pattern on technical charts. The currency pair jumped to 140.53 in the US   USD/JPY bears in control in technically bearish short-term set-up USD/JPY is attempting to base in the 108.80s although the bulls lack conviction in a technically bearish set-up as markets begin to discount the optim   What Do Other Traders Buy Sell Bets Say About Price Trends: CAD,…

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