JPY News Reviews 

JPY Daily Review February 7, 2019

JPY Daily Review for February 7, 2019 AUD/JPY Technical Analysis: Line chart is reporting a classic rising wedge breakdown Daily chart Trend: bearish R3 80.66 R2 80.26 R1 79.9 PP 79.5 S1 79.14 S2 78.74 S3 78.38 Updated   USD/JPY again faces rejection at 110.00, drop to 109.70 after Trump speech The USD/JPY pair is currently trading at the session low of 109.70, having faced rejection at the psychological hurdle of 10.00 for the third day stra   AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD AUD Technical Analysis Overview: AUDUSD,…

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JPY News Reviews 

JPY Daily Review February 6, 2019

JPY Daily Review for February 6, 2019 USD/JPY risk reversals at 7.5-week highs, point to more JPY pain USD/JPY three-month 25 delta risk reversals (JPY1MRR) are currently trading at -1.462; the highest level since Dec. 14. The gauge stood at -2.275 on J   BOJ official: Yen could strengthen to 95 against the dollar in H1 2019 – Bloomberg The Japanese yen could jump to 95 per US dollar in the first half of the year and the Bank of Japan (BOJ) would likely have to respond even though it…

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JPY News Reviews 

JPY Daily Review February 5, 2019

JPY Daily Review for February 5, 2019 USD/JPY Technical Analysis: looks north on descending broadening channel breakout The USD/JPY pair is looking north, having cleared the crucial resistance of 109.57 earlier today. 4-hour chart As seen above, the pair has found   EUR/JPY Technical Analysis: 125.75 is the level to beat for the bulls On Friday, the EUR/JPY pair created a bullish outside candle – the day began with pessimism, but ended on an optimistic note – signaling the path of l   GBP/JPY: Bulls step up to challenge Brexit…

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JPY News Reviews 

JPY Daily Review February 4, 2019

JPY Daily Review for February 4, 2019 Euro at Risk on CPI, Dollar and Yen May Rise on US Data The Euro may fall further as soft inflation data cools ECB policy bets. The Dollar and Japanese Yen may rise as US economic data cools   AUD/USD and AUD/JPY May Extend Climbs as AUD/CAD Holds its Ground After a strong week for the Australian Dollar, it may add gains versus the US Dollar and the Japanese Yen as the Canadian Dollar holds   USD/JPY Forecast: Post-NFP Rebound at Risk on…

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JPY News Reviews 

JPY Daily Review February 1, 2019

JPY Daily Review for February 1, 2019 USD/JPY Technical Analysis: prints fresh-two week lows, focus on today’s close The USD/JPY pair fell to 108.79 – the lowest level since Jan. 17 – soon before press time and risks falling further, courtesy of the Fed’s dovish turn   JPY futures: scope for further appreciation Open interest in JPY futures markets dropped by around 4.1K contracts on Wednesday, clinching the third consecutive drop according to flash data from   USD/JPY tumbles to 2-week lows near 108.50 ahead of US data The better…

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JPY News Reviews 

JPY Daily Review January 31, 2019

JPY Daily Review for January 31, 2019 Japanese Yen Technical Analysis: USDJPY Stuck, Can Fed Shift It? The Japanese Yen has been effectively stymied between two key retracement levels for the last month. A break may be more dependent on fundamentals than   EUR/JPY Technical Analysis: Upside favored after range breakout The EUR/JPY pair closed yesterday at 125.04, confirming a bullish break of the recent narrowing price range. The immediate outlook, therefore, is bull   AUD/JPY: teasing contracting triangle breakout on above-forecast Australia CPI The bid tone around the Aussie…

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JPY News Reviews 

JPY Daily Review January 30, 2019

JPY Daily Review for January 30, 2019 USD/JPY: Bears headed to 109.00, as risk-off extends into Asia The USD/JPY pair stalled its overnight recovery mode near 109.40 levels and turned lower once again in early Asia, tracking the negative sentiment on   USD/JPY: Soft Brexit supports renewed risk-on sentiments The US Dollar is trading little changed around 109.50 level against the Japanese Yen on Tuesday as the market is waiting for the fresh impulse for Bre   USD/JPY: Move higher faltering at 110.00 – Commerzbank Karen Jones, analyst at Commerzbank,…

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JPY News Reviews 

JPY Daily Review January 29, 2019

JPY Daily Review for January 29, 2019 GBP/JPY Technical Analysis: Bear RSI div favors test of key rising trendline The GBP/JPY pair could re-test the support of the trendline connecting the Jan. 2 and Jan. 15 lows in the next few hours, as a key indicator has diver   USD/JPY: Taking out the 200-hr SMA The yen was performing on Friday despite the risk on sentiment and positive performance in stocks. The sentiment was fuelled by Treasury Secretary Mnu   AUD/JPY testing key support near 78.50, focus on US-China trade…

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JPY News Reviews 

JPY Daily Review January 28, 2019

JPY Daily Review for January 28, 2019 Charts for Next Week: EUR/USD, GBP/JPY, Gold Price, Dow Jones & More The Euro is positioned for more weakness, GBP/JPY at confluent resistance, gold price trying to hold support, while the Dow Jones eyes an important resistance   Charts for Next Week: EUR/USD, GBP/JPY, Gold Price, Dow Jones & More The Euro is positioned for more weakness, GBP/JPY at confluent resistance, gold price trying to hold support, while the Dow Jones eyes an important resistanc…   AUD/USD, EUR/AUD, AUD/JPY Chart Support and Resistance…

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