JPY News Reviews 

JPY Daily Review December 11, 2019

JPY Daily Review for December 11, 2019 Australian Dollar Outlook in AUD/USD, AUD/JPY After China CPI The Australian Dollar is vulnerable to volatility on the Fed and UK General Election after Chinese CPI data surprised higher. I discuss the technical outlook in AUD/USD and AUD/JPY.   USD/JPY Technical Analysis: Three-week-old rising trendline keeps buyers hopeful USD/JPY declines to 108.61 during the initial trading session on Tuesday. In doing so, the pair seesaws around 61.8% Fibonacci retracement level.   USD/JPY: Bouncing up from 50-day MA amid mixed trade headlines USD/JPY has…

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JPY News Reviews 

JPY Daily Review December 10, 2019

JPY Daily Review for December 10, 2019 Canadian Dollar, BoC Outlook Jawboned by Jobs Data. Yen May Fall The US Dollar rose versus the Canadian Dollar as both currencies received starkly contrasting jobs data. USD/CAD saw its largest daily gain since October. Ahead, the Yen may weaken.   USD/JPY in search of a firm direction, stuck in a range above mid-108.00s The USD/JPY pair lacked any firm directional bias and seesawed between tepid gains/minor losses through the Asian session on Monday. The pair remained   USD/JPY drops to fresh five-day…

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JPY News Reviews 

JPY Daily Review December 9, 2019

JPY Daily Review for December 9, 2019 USD/JPY Technical Analysis: Under pressure, eyes 50-day MA support USD/JPY is currently trading at 108.64, representing marginal losses on the day, having faced rejection at the downward sloping 5-day moving average r   AUD/JPY trades with modest gains around 74.40 amid a lack of major catalyst AUD/JPY takes a short leap to 74.35 amid initial trading session on Friday. The pair recently benefited from the downbeat fundamentals from Japan.   USD/JPY remains depressed, holds above mid-108.00s as focus shifts to NFP The USD/JPY…

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JPY News Reviews 

JPY Daily Review December 6, 2019

JPY Daily Review for December 6, 2019 NZD/USD Uptrend Extends on RBNZ Capital Review, USD/JPY May Rise The New Zealand Dollar uptrend may extend after the RBNZ outlined raising bank capital buffers. Ahead, the anti-risk Japanese Yen may sink if Asia stocks follow the S&P 500 higher.   USD/JPY Technical Analysis: 200-DMA, 23.6% Fibonacci cap recovery gains Having reversed from 50-Day Simple Moving Average (DMA) and monthly support line, USD/JPY stays mostly unchanged to 108.85 during early Thursday.   EUR/JPY holding in bullish territory, risk-on EUR/JPY is trading in the…

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JPY News Reviews 

JPY Daily Review December 5, 2019

JPY Daily Review for December 5, 2019 US Dollar Sinks as Global Trade War Woes May Fuel Yen Price Ahead The US Dollar declined as global trade war woes fueled 2020 Fed easing bets, ahead the anti-risk Japanese Yen may gain as the Australian Dollar sinks on local GDP data.   USD/JPY Technical Analysis: 50-DMA questions break of two-month-old rising trendline USD/JPY drops to 108.50 during early Wednesday. That said, the pair nears multi-day low after breaking a two-month-old rising trend line during Tuesday.   USD/JPY slips to near 2-week…

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JPY News Reviews 

JPY Daily Review December 4, 2019

JPY Daily Review for December 4, 2019 AUD/JPY extends gains after status quo RBA decision AUD/JPY jumped nearly 30 pips to hit a session high of 74.67 after the Reserve Bank ofAustrlia kept interest rates unchanged at 0.75%, as expected. Th   USD/JPY Technical Analysis: 100-bar SMA keeps buyers hopeful USD/JPY takes the bids to an intra-day high of 109.15 by the press time of early Tuesday. The quote recently bounced off 100-bar SMA.   RBA Coverage: AUD/USD, AUD/JPY, AUD/CAD, AUD/NZD Outlook with Daniel Dubrovsky DailyFX Analyst Daniel Dubrovsky covered…

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JPY News Reviews 

JPY Daily Review December 3, 2019

JPY Daily Review for December 3, 2019 USD/JPY hits six-month high of 109.70 The anti-risk JPY is again losing ground, possibly tracking the uptick in the US equity index futures. The USD/JPY is currently trading at 109.70, the   JPY Futures: offered bias still persists Advanced data for JPY futures markets from CME Group noted open interest rose for yet another session at the end of last week. Volume, too, increased   EUR/JPY Technical Analysis: Upside keeps targeting the 121.50 area EUR/JPY is prolonging the rally for yet another session…

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JPY News Reviews 

JPY Daily Review December 2, 2019

JPY Daily Review for December 2, 2019 USD/JPY: Off higs, BOJ’s Kuroda calls for structural reforms USD/JPY is currently trading at session lows near 109.46, having hit a high of 109.60 three hours ago. The pair is pulling back, possibly tracking the   USD/JPY in search of a firm direction, stuck in a range around mid-109.00s The USD/JPY pair extended its sideways consolidative price action on Friday and remained confined in a narrow trading band around mid-109.00s. The pai   EUR/JPY recedes from tops, meets resistance around 120.60 Further downside…

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JPY News Reviews 

JPY Daily Review November 29, 2019

JPY Daily Review for November 29, 2019 USD/JPY, AUD/USD, NZD/USD Brace. Trump Signs HK Bill in Thin Trade The USD/JPY, AUD/USD and NZD/USD dropped after Donald Trump signed the HK Bill, fueling trade war woes. Volatility may be amplified by the US Thanksgiving holiday and low liquidity.   USD/JPY Technical Analysis: Multi-week-old rising trendline questions break of 61.8% Fibo. With an upward sloping resistance line stopping the USD/JPY pair from extending its 61.8% Fibonacci retracement breakout, the quote pulls back.   EUR/JPY: Bulls step in at 21-hour MA despite likely…

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