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JPY Daily Review August 6, 2018

JPY Daily Review for August 6, 2018

Japanese Yen Technical Analysis: USDJPY Tests Key Channel Support

The Japanese Yen has the upper hand against the US Dollar but its bulls have yet to force a key break lower for USD/JP. They


Trade War Fears May Dent Nikkei, Boost JPY – Asia Market Wrap

Trade war fears reignited on Friday as China announced further retaliation threats to US tariffs. Ahead, the anti-risk Japanese Yen could rise if the Nikkei


GBP/JPY Technical Analysis: Path of least resistance is to the downside despite bull RSI divergence

Hourly chart Spot Rate: 144.67 Daily High: 144.74 Daily Low: 144.48 Trend: Bearish Resistance R1: 144.51 (previous day’s low) R2: 144.00 (zer


USD/JPY searching for some lift from 111.00

The USD/JPY is trading into 111.30 as Monday’s Asian market session begins to wrap it up, and the US Dollar is seeing some mild lift from recent lows


EUR/JPY Technical Analysis: Temporary relief could be in the offing

Hourly chart Spot Rate: 128.68 Daily High: 128.75 Daily Low: 128.52 Trend: Intraday bullish Resistance R1: 129.13 (July 27 low) R2: 129.82 (2


USD/JPY: big speculative long position having to rethink its game plan to the 113 handle

Despite an upbeat tone on Wall Street and a risk on attitude due to the Chinese intervention that calmed volatility, USD/JPY fell away on a deteriorat


Yen, Franc at Risk as Markets Start the Week in a Chipper Mood

The anti-risk Japanese Yen and Swiss Franc may suffer setbacks against their major currency counterparts as financial markets start the trading week in a chipper


GBP/JPY trades at multi-week lows near 144

After recording heavy losses in the second half of the previous week, the GBP/JPY pair failed to make a meaningful recovery on Monday and fell to its


USD/JPY sticks to small daily gains near 111.40

The USD/JPY pair rose above the 111.50 mark in the early NA session but failed to hold there as the greenback started consolidating its daily gains. A


Have a nice trading!

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