JPY News 

USD/JPY inches higher as buyers look to build further upside momentum

“More noticeably, price is starting to feel more comfortable holding a break above the 109.00 handle with buyers also looking to secure a firm break above the 200-day MA (blue line)” reports forexlive.com. Talks of a “broad consensus” and being “very close” to a deal is helping to keep USD/JPY slowly inching higher but are we building up towards a ‘buy the rumour, sell the fact’ play?. As things stand, it is still all about the US-China trade rhetoric for yen pairs and the mood is that of cautious optimism…

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JPY News Reviews 

JPY Daily Review November 27, 2019

JPY Daily Review for November 27, 2019 New Zealand Dollar Gains vs Yen But NZD/JPY Momentum Lacking The New Zealand Dollar gained as the Japanese Yen fell, but failed to achieve meaningful upside technical progress despite seemingly ideal fundamental news. Will Powell sink markets ahead?   USD/JPY Technical Analysis: Pulls back from 2-week high, 108.70/65 confluence in focus USD/JPY declines from the two week high while taking rounds to 109.00 during early Tuesday. The pair fails to remain strong above 23.6% Fibonacci retracement.   GBP/JPY technical analysis: Big move likely…

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JPY News Reviews 

JPY Daily Review November 26, 2019

JPY Daily Review for November 26, 2019 USD/JPY Technical Analysis: Doji on D1, 200-day SMA question buyers Although it is trading near a four day high, around 108.75 by the press time of early Monday, the USD/JPY pair confronts short-term resistance after a Doji.   USD/JPY clings to gains near 1-week tops, eyeing 109.00 handle The USD/JPY pair caught some fresh bids on Monday and jumped to one-week tops in the last hour, with bulls still awaiting a move beyond the 109.00 han   JPY Futures: appears neutral/bearish near-term In…

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JPY News Reviews 

JPY Daily Review November 25, 2019

JPY Daily Review for November 25, 2019 AUD/JPY: Flashing marginal gains, 100-day MA is key support AUD/JPY is reporting marginal gains at press time, having defended key support for a third straight day on Thursday. The currency pair is currently tr   JPY Futures: looks neutral/bullish near-term According to flash data from CME Group for JPY futures markets, open interest went up for the third session in a row on Thursday, now by just 396 cont   EUR/JPY remains under pressure around 120.00 The bid tone around the Japanese yen…

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JPY News Reviews 

JPY Daily Review November 22, 2019

JPY Daily Review for November 22, 2019 US Dollar, Japanese Yen Turn to OECD Outlook as Trade War Rages The US Dollar and Japanese Yen may catch a haven bid if the OECD economic outlook spooks investors as US-China trade talks collapse and the Fed warns of elevated downside risks.   AUD/USD, NZD/USD, USD/JPY Slide May Extend on Trade War Fears The USD/JPY, AUD/USD and NZD/USD may decline after news passed that the US-China trade deal may be delayed, Trump wants China to step up efforts and the HK Bill…

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JPY News Reviews 

JPY Daily Review November 21, 2019

JPY Daily Review for November 21, 2019 EUR/USD, GBP/JPY Sentiment Outlook: Euro to Rise as Pound Sinks? The Euro may rise against the US Dollar as IG Client Sentiment sends bullish EUR/USD signals. This is as the British Pound could fall against the Yen on GBP/JPY net-long bets.   Japanese Yen Up as US Hong Kong Stand Sours Trade Deal Hope The Japanese Yen found its usual haven bid as Donald Trump threatened more tariffs on China and the US Senate passed legislation in support of Chinese human rights  …

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JPY News Reviews 

JPY Daily Review November 20, 2019

JPY Daily Review for November 20, 2019 USD/JPY opens flat in the 108.50s, capped on waning risk appetite USD/JPY is flat in the Tokyo open, trading with a fraction of a percentage point to the downside, having stuck to a narrow 10-pip range between 108.60   USD/JPY recovers a major part of its early lost ground, comfortable above mid-108.00s The USD/JPY pair has managed to recover a major part of its early lost ground and is currently placed near the top end of its daily trading range, aro   JPY…

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JPY News Reviews 

JPY Daily Review November 19, 2019

JPY Daily Review for November 19, 2019 Will USD/JPY, AUD/USD and NZD/USD Prices Extend Recent Gains? USD/JPY, AUD/USD and NZD/USD soared on Friday as markets doubled down on US-China trade deal bets. Will Asia Pacific markets follow the S&P 500 higher, extending gains?   USD/JPY Technical Analysis: Buyers look for entry beyond 1-week-old resistance trendline USD/JPY remains positive above 200-bar SMA while taking the bids to 108.83 amid initial trading hours on Monday.   AUD/JPY Technical Analysis: 50-day EMA, multi-month-old rising trendline in focus Despite marking the best day in…

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