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JPY Daily Review December 7, 2018

JPY Daily Review for December 7, 2018

USD/JPY Technical Analysis: Bears eyeing Tuesday’s low of 112.58 after rising wedge breakdown

The USD/JPY looks set to test the support at 112.58 (Tuesday’s low), having suffered a rising wedge breakdown earlier today. A deeper drop below that


Nikkei 225 Aims For 2018 Lows, S&P 500 May Gap Down as Yen Gains

Nikkei 225 headed for worst performance in about six weeks amidst US China trade war relief pessimism. Wall Street likely to gap lower as Yen


USD/JPY: Near term dips to be limited to 111.75 – Westpac

Robert Rennie, analyst at Westpac, suggests that they have stuck with a neutral bias for USD/JPY for some time with the strong caveat that we would sw


USD/JPY stays in red below 113 ahead of US data dump

After staying under pressure during the Asian session, the USD/JPY pair recovered above the 113 but failed to preserve its momentum and dropped back i


USD/JPY recover from 5-week lows as US stocks trim losses

Risk aversion boosted the yen and pushed USD/JPY to 112.21, the lowest level since October 29. During the second half of the American session moved of


USD/JPY slumps to 5-week lows near 112.30 as Wall Street extends losses

After staying quiet near 112.80 handle during the European trading hours, the USD/JPY pair came under a renewed selling pressure in the NA session and


USD/JPY and AUD/USD Forecast December 7, 2018

The US dollar has spent most the day falling against the Japanese yen but found a bit of a bid underneath, as the uptrend line continues to hold the market u…


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