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JPY Daily Review January 8, 2019

JPY Daily Review for January 8, 2019

Japanese Yen Weekly Technical Forecast: Flash Crash May Have Been a Red Herring

The flash crash in JPY-crosses ahead of the Asian session open on Thursday ultimately resulted in some of the most significant reversals ever seen in


EUR/JPY: Upside rebound bias in play as risk appetite improves

EUR/JPY rallied from the flash crash lows and drifted higher from the 122 handle to a recent high and towards the 100-hr SMA. The cross is through the


AUD/JPY holds above 200-HMA amid risk-on in equities

The AUD/JPY pair is looking north amid risk-on in the global markets, having found acceptance above the 200-hour moving average (HMA) on Friday. As o


USD/JPY finds support near 108.00 ahead of US data, eyes on trade

The softer tone in the greenback coupled with declining US yields forced USD/JPY to drop to lows near 108.00 the figure in early trade, where it appea


USDJPY: Traders Remain Net-Long

Recent changes in sentiment warn that the current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.


S&P 500 Kisses Trend Line, USDJPY May Have Started Multi-Year Rally

Though SP 500 has rallied, it has merely reached the underside of a broken trend line. The spike low on USDJPY may initiate a multi-year


CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY

CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY


USD/JPY turns flat near 108.50 as markets ignore disappointing PMI data

The USD/JPY extended its rebound in the NA session and was last seen flat on the day at 108.50. Earlier in the day, the pair tested the 108 handle but


USD/JPY and AUD/USD Forecast January 8, 2018

The US dollar initially fell during the trading session on Monday but turned around of form a bit of a hammer. It looks as if we are going to bounce from the…


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