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JPY Daily Review August 2, 2018

JPY Daily Review for August 2, 2018

USD/JPY Technical Analysis: Path of least resistance is to the upside

Hourly chart Spot Rate: 111.62 Daily HIgh: 111.73 Daily Low: 111.54 Trend: Bullish Resistance R1: 111.73 (session high) R2: 112.15 (previous


GBP/JPY falls back to 50-day MA ahead of the BOE rate hike

GBP/JPY is under pressure in Asia as the anti-risk JPY is solidly bid amid trade tensions. The US President Trump proposed increasing the tariffs on


AUD/JPY holds steady above 82.50 as Aussie Trade Balance hits $1.8 billion

The AUD/JPY is trading steadily into 82.60 winding through Thursday’s Asian market session, little-moved despite a better-than-expected showing for th


USD/JPY: now awaits the nonfarm payrolls, but risk sour, yen bid

USD/JPY traded as low as 111.49 post the Fed from high of 112.11. Currently, the pair is steady in the Tokyo open at around 111.65. The Japanese yen s


Weekly Technical Perspective on Aussie vs Japanese Yen (AUD/JPY)

AUD/JPY is trading just above a key weekly support confluence into the August open. Here are the key price levels that matter on the AUD/JPY


USD/JPY: up through 111.50 key level, move comes on the back of the market buying up dollars

The move comes on the back of the market buying up dollars, but traders are likely going to wait to see what the jobs data comes with before chasing t


Have a nice trading!

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