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 risk as US stocks pick up

GBP/JPY has struggled to maintain the bid considering a hard Brexit is very much a factor. The yen is weaker as the Fed put plays out (risk-on) and t


AUD/JPY: Sellers return post-downbeat Aussie data

The AUD/JPY trimmed 30 pips towards 79.15 after Australian building approval dropped to -8.4% from +1.8% market consensus in December. While monthly h


USD/JPY: Fed put in play, risk takers back in the driver’s seat

USD/JPY benefited from the jump in US yields on Friday following the NFP report that sent the pair rallying from 108.90 to almost 109.60 after the job


US Dollar, Yen May Rise as Data Forces Fed Outlook Rethink

The US Dollar and Japanese Yen may rise as upbeat economic data forces financial markets to rethink the latest dovish shift in Fed monetary policy


GBP/JPY Technical Analysis: flag breakout in 15-minute chart

The bull flag breakout seen in the GBP/JPY’s 15-minute chart indicates the 100-day moving average (MA), which proved a tough nut to crack last week, c


EUR/JPY Weekly Technical Outlook: Price Ranges into Resistance

Euro is trying a fifth consecutive weekly advance against the Yen with price now testing range resistance. Here are the levels that matter on the


USD/JPY Carves Bullish Series, RSI Breaks Out Following Upbeat NFP

USD/JPY carves a fresh series of higher highs & lows following the upbeat NFP report, while the RSI breaks out of the bearish formation from


USD/JPY fails to hold on top of 110.00 and retreats modestly

The USD/JPY pair rose earlier today to 110.15, a fresh 1-month high but during the US session failed to hold on top of 110.00 and pulled back, trimmin


USD/JPY moves to 2019 tops beyond 110.00

Increasing selling pressure around the Japanese currency is now lifting USD/JPY to fresh YTD tops above 110.00 the figure. USD/JPY bolstered by yield


GBP/JPY Technical Analysis: Descending trend channel favours the pullback

The GBP/JPY pair trades little changed around 143.25 during early Asian session on Tuesday. The pair portrays a short term downward sloping trend chan


Have a nice trading!

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