JPY News Reviews 

JPY Daily Review April 10, 2019

JPY Daily Review for April 10, 2019 Top 5 Events: March US Consumer Price Index & USDJPY Price Outlook The March US Consumer Price Index is due on Wednesday, April 10 at 12:30 GMT.   Top 5 Events: April ECB Meeting & EURJPY Price Outlook The April European Central Bank rate decision is on Wednesday, April 10 at 11:45 GMT.   S&P 500 Drops Reversal Warning, Equities Brace. Yen to Extend Rise The S&P 500 left behind a reversal warning amidst rising EU-US trade war concerns and the IMF downgrading…

Read More
JPY News Reviews 

JPY Daily Review April 9, 2019

JPY Daily Review for April 9, 2019 EUR/USD Gains Undermined by EU-US Trade War Fears, Yen May Gain Overnight EUR/USD gains were undermined after the USTR proposed levying tariffs on European products, fueling concerns about US-EU trade wars. Ahead, the anti-risk Japanese Yen may rally.   USD/JPY Technical Analysis: Sellers need to clear 111.30/25 to aim for sub-111.00 area USD/JPY is revisiting the 111.30/25 horizontal-supporting during early Tuesday.   AUD/JPY Technical Analysis: Rising wedge can challenge recent recovery, 79.65, 79.85 seem nearby resistances AUD/JPY is following short-term rising wedge formation…

Read More
JPY News Reviews 

JPY Daily Review April 8, 2019

JPY Daily Review for April 8, 2019 Nikkei 225 May Rise as Japanese Yen Falls on Trade Talk Progress Ahead, the Nikkei 225 may rise as the anti-risk Japanese yen weakens on welcoming progress in US-China trade talks from Friday where US NFPs sunk front-end government bond yields.   USD/JPY: Sellers dominate as geopolitical concerns, upbeat data weigh on trade optimism Having trimmed nearly 40-pips from its intra-day high, the USD/JPY pair struggles around 111.40 during early Monday.   GBP/JPY: Grappling with 200-hour MA in Asia, Brexit uncertainty lingers GBP/JPY…

Read More
JPY News Reviews 

JPY Daily Review April 7, 2019

JPY Daily Review for April 7, 2019 S&P 500 Slows Advance to Record High, USDJPY Offers Extreme Signals Trade wars was top theme Thursday with Trump ruminating on a China deal in 4 weeks and making an ultimatum with Mexico   USDJPY surges to 3-week high as Tokyo open welcomes risk-on, confronts Japan statistics USD/JPY trades near the highest level in three weeks, 111.80, during initial Tokyo open on Friday.   GBP/JPY: Soft Japan data, optimism surrounding trade deal/Brexit triggers pullback GBP/JPY is at the intra-day high around 146.20 within…

Read More
JPY News Reviews 

JPY Daily Review April 4, 2019

JPY Daily Review for April 4, 2019 USD/JPY Technical Analysis: 111.50-55, 111.65 can question buyers as RSI favors bears Having witnessed repeated pullbacks from four-week-old descending trend-line resistance, the USD/JPY pair is trading around 111.40 ahead of European open.   AUD/JPY: 79.35/40 continues to challenge buyers The AD/JPY pair continues to struggle with 79.35/40 area in order to justify its strength amid market optimism, lack of data.   USD/JPY: Holds in tight range in the mid 111’s with a bullish technical bias Optimism surrounding trade talks was once again underpinning…

Read More
JPY News Reviews 

JPY Daily Review April 3, 2019

JPY Daily Review for April 3, 2019 British Pound Gains on Cross-Party Brexit Deal Path, JPY May Fall The British Pound rose as UK Prime Minister Theresa May sought a cross-party Brexit deal. Asia Pacific stock may trade higher, AUD/JPY remains in limbo after bearish price signals.   USD/JPY sets two-week highs above 200-day MA on US-China trade talks optimism USD/JPY is currently trading just above the 200-day moving average (MA) of 111.42, having hit a two-week high of 111.53 a few minutes before press tim   GBP/JPY Technical Analysis:…

Read More
JPY News Reviews 

JPY Daily Review April 2, 2019

JPY Daily Review for April 2, 2019 GBP/JPY: Brexit uncertainty triggered pullback from 3-week old resistanceline GBP/JPY remains little weak around 145.60 on early Tuesday. The quote recently witnessed pullback from three-week-old trend-line resistance as the UK   USD/JPY Technical Analysis: With 200-day MA capping gains, 1H RSI diverges in favor of the bears USD/JPY could be in for a minor pullback as the hourly RSI is producing higher lows with the pair struggling to find acceptance above the 200-day MA at 111.41.   GBP/JPY Technical Analysis: Descending triangle on…

Read More
JPY News Reviews 

JPY Daily Review April 1, 2019

JPY Daily Review for April 1, 2019 USD/JPY Technical Analysis: Retreats to 111.00, rising wedge on the hourly chart USD/JPY has pulled back to 111, having hit a high of 111.18 earlier today, possibly on the back of risk-on in equities and the drop in the haven deman   GBP/JPY Technical Analysis: Sellers lurk around 200-day SMA, signal 143.80 return GBP/JPY daily chart GBP/JPY is taking the bids near 144.70 during early Monday. The pair struggles with the 200-day simple moving average (SMA) le   USD/JPY backs away from highs,…

Read More
JPY News Reviews 

JPY Daily Review March 31, 2019

JPY Daily Review for March 31, 2019 Japanese Yen Could Gain As Focus Grows On Creaking Inflation Target The Japanese Yen market faces a clear disconnect between domestic economic data and monetary policy. What if that were to change?   Japanese Yen Slips On Mixed Data Bag, Pricing Power Still Absent The Japanese Yen had to contend with a patchy slew of domestic data which showed employment still perky but inflation firmly in the doldrums   GBP/JPY risk reversals hit lowest since August 2018 on put demand GBP/JPY one-month 25…

Read More