JPY News Reviews 

JPY Daily Review October 22, 2019

JPY Daily Review for October 22, 2019 Yen May Fall as Australian Dollar Gains, AUD/JPY Breakout Prolongs The Australian Dollar rose as the Japanese Yen sunk amid a combination of Brexit, US-China trade deal hopes. AUD/JPY looks to extend gains after a candlestick pattern breakout.   USD/JPY technical analysis: Firm above two-week-old rising trendline, 4H 50MA With its U-turn from near-term key support confluence, USD/JPY flashes 108.65 as a quote during early Tuesday.   AUD/JPY prints 2.5-month high on trade optimism and stock market rally AUD/JPY printed a 2.5-month high…

Read More
JPY News Reviews 

JPY Daily Review October 21, 2019

JPY Daily Review for October 21, 2019 Yen, Franc Up as Pound Drops on Brexit Bedlam But Stocks Hold Up The anti-risk Japanese Yen rose as Brexit bedlam sank the British Pound, but stocks are holding up on bets that central banks will expand policy support.   USD/JPY technical analysis: Clings to 50% Fibo. below 200-day SMA Although 200-day SMA becomes the key upside for USD/JPY, the quote refrains from further declines while taking rounds to 108.50 during early Monday.   USD/JPY loosk to Brexit uncertainty to open-up the downside…

Read More
JPY News Reviews 

JPY Daily Review October 20, 2019

JPY Daily Review for October 20, 2019 USD/JPY Rate Faces Bearish Reversal Pattern Amid Brexit Deal Hopes The USD/JPY is carving out a bearish reversal pattern as Brexit deal hopes fuel gains in the British Pound and stocks. Ahead, AUD/USD risks reversing losses on China 3Q GDP.   AUD/JPY remains below Thursday’s high despite uptick in China’s Industrial Production AUD/JPY is struggling to gather upside traction and remains well below Thursday’s high of 74.40 despite the stronger-than-expected rebound in China’s   GBP/JPY technical analysis: Flashing red, eyes key support of…

Read More
JPY News Reviews 

JPY Daily Review October 17, 2019

JPY Daily Review for October 17, 2019 Australian Dollar Outlook: Will AUD/JPY Retreat From Resistance? AUD/JPY has launched yet another attempt to breach multi-month downward trend resistance after failing to break above it in September. Will two consecutive defeats precede a reversal lower?   US Dollar Uptrend at Risk, Japanese Yen May Gain as Stocks Sink The US Dollar may reverse the dominant uptrend from June after dismal US retail sales data. Ahead, the anti-risk Japanese Yen may gain as the Australian Dollar eyes jobs data.   USD/JPY technical analysis:…

Read More
JPY News Reviews 

JPY Daily Review October 16, 2019

JPY Daily Review for October 16, 2019 AUD/JPY Fell After China Threatened Retaliation for US Hong Kong Bill AUD/JPY and NZD/USD fell after China threatened to retaliate against the US if Washington passes a bill that supports the protestors in Hong Kong and   USD/JPY technical analysis: Down but not out, remains on hunt for 200-day MA hurdle The USD/JPY pair is currently trading near 108.70, representing 0.15% losses on the day. The pair has come under pressure in the Asian session, possib   EUR/JPY: Back below 120.00 on US-China…

Read More
JPY News Reviews 

JPY Daily Review October 15, 2019

JPY Daily Review for October 15, 2019 US Dollar, Yen May Rise if IMF, World Bank Outlooks Spook Markets The US Dollar and Japanese Yen may rise at the expense of equities and commodity-linked currencies if updated global growth outlooks from the IMF and the World Bank sap market confidence.   AUD/USD Downtrend Held, Yen Up. US-China Trade Deal Optimism Faded The AUD/USD downtrend holds as US-China trade deal optimism fades, boosting the anti-risk Japanese Yen. After aggressive gains, the British Pound hit an obstacle on Brexit news.   GBP/JPY:…

Read More
JPY News Reviews 

JPY Daily Review October 14, 2019

JPY Daily Review for October 14, 2019 USD/JPY May Reverse as AUD/USD Follows Post US-China Trade Talks The anti-risk Japanese Yen may rise as the sentiment-linked Australian Dollar falls after markets seemed underwhelmed by US-China trade talks. USD/JPY stalled at resistance.   AUD/JPY: No reaction to uptick in China’s trade surplus A rise in China’s trade surplus has failed to put a strong bid under the Aussie Dollar, leaving the AUD/JPY pair largely unchanged on the day at 73.50   EUR/JPY dips in Asia despite partial US-China trade deal EUR/JPY…

Read More
JPY News Reviews 

JPY Daily Review October 13, 2019

JPY Daily Review for October 13, 2019 USD/JPY technical analysis: Trims gains, but bias remains bullish USD/JPY is currently trading unchanged on the day around 107.95, having hit a high of 108.31 at 00:55 GMT. Despite the pullback, the outlook remains b   EUR/JPY technical analysis: Nears 119, six month falling trendline breached EUR/JPY is looking north, having found acceptance above key falling trendline resistance. The pair jumped 0.76% on Thursday, confirming an upside brea   USD/JPY adds 20 pips on President Trump’s comments The demand for the anti-risk Japanese…

Read More