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JPY Daily Review November 6, 2019

JPY Daily Review for November 6, 2019

USD/JPY and AUD/USD Soar as US Mulls Lifting Some Chinese Tariffs

The Japanese Yen fell and the Australian Dollar rose after reports crossed the wires that the US is mulling removing some tariffs against China, raising the prospect of a trade deal.


EUR/JPY technical analysis: Positive above 200-hour EMA, inside a rising channel

Although EUR/JPY trades in a range around 61.8% Fibonacci retracement, it keeps the overall bullish bias intact while taking rounds to 121.00.


USD/JPY technical analysis: Extending gains, trapped in a rising wedge

USD/JPY continues to gain altitude amid the US-China trade optimism and the uptick in the equities. The pair is currently trading at session highs abo


GBP/JPY clings to gain near session tops, around mid-140.00s

The GBP/JPY cross maintained its bid tone through the mid-European session on Tuesday and is currently placed near the top end of its daily trading ra


AUD/JPY pushes higher today after RBA stands firm

AUD/JPY has pushed higher overnight and in the EU session as the RBA kept rates on hold as expected and commodies currencies outperform. The more imp


USD/JPY continues to rise as risk sentiment remains key

USDJPY is once again trading higher which could mean a three-day winning streak. It’s hard to say when this will “top out” as the softer trade war st


EUR/JPY Technical Analysis: Immediate target emerges at the 200-day SMA above 122.00

EUR/JPY Overview Today last price 121.15 Today Daily Change 54 Today Daily Change % 0.24 Today daily open 120.86 Trends Daily SMA20 120.24 Daily SMA5


USD/JPY steadies above 109, looks to register highest daily close since May

The combination of broad-based USD strength and upbeat market mood on Tuesday allowed the USD/JPY pair to build on Monday’s gains. As of writing, the


EUR/JPY technical analysis: U-Turn drives Euro below 121.00 handle against Yen

EUR/JPY is trading in a downtrend below the 200-day simple moving average (DMA). However, in October the market rose sharply and is now hanging in a range nea


CAD/JPY meets some resistance at 83.000

Today has been a strong day for the dollar with both CAD and JPY selling off in the US session. CAD performed slightly better overall on the day as o


USD/JPY pushes past 109.00 as data inspires another rally

USD/JPY has a lot to be happy about today as the good ISM non-manufacturing data beat expectations of 53.5 to print at 54.7. Elsewhere today, equitie


USD/JPY and AUD/USD Forecast November 6, 2019

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