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JPY Daily Review November 8, 2019

JPY Daily Review for November 8, 2019

GBP/JPY Technical Analysis: Drops to 1-week-low, 21-day SMA question sellers

A failure to provide an upside break of the trading range since October 24 drags GBP/JPY to 21-day SMA while taking rounds to 139.60 ahead of the UK open.

 

USD/JPY Technical Analysis: Flashing red below 200-day MA, down 20+ pips in Asia

USD/JPY is currently trading at 108.74, representing a 24-pip loss on the daily open of 108.98. The currency pair is losing altitude amid the moderate

 

USD/JPY jumps to session tops, back above 109.00 handle

The USD/JPY pair rallied around 50 pips in the last hour and refreshed session tops in the last hour, with bulls looking to extend the momentum furthe

 

GBP/JPY moves lower as 2 MPC members vote for a cut

GBP/JPY moved lower in an initial reaction as the vote for a rate move changed from 9-0 to 7-2. The market had expected a 9-0 vote again. Two MPC mem

 

USD/JPY sits near weekly tops, comfortably above 109.00 handle

The USD/JPY pair built on its goodish intraday bounce and is currently placed near the top end of the weekly trading range, around the 109.20 region.

 

EUR/JPY Technical Analysis: Recovery could extend to 121.50 and beyond

EUR/JPY Overview Today last price 121.07 Today Daily Change 98 Today Daily Change % 0.40 Today daily open 120.59 Trends Daily SMA20 120.55 Daily SMA5

 

Euro Forecast: EUR/USD Reversal Gathers Pace; EUR/JPY Maintains Flag

EUR/USD has been under renewed pressure in recent days, while EUR/JPY has continued to hold within its sideways consolidation from mid-October.

 

EUR/JPY technical analysis: Euro easing from daily highs, trading near 120.70 level

EUR/JPY is trading in a bear trend below its 200-day simple moving average (DMA). However, in October the market had a bull rally to the 121.00 handle where t

 

USD/JPY advances to highest level since May near 109.50

The USD/JPY started the day below the 109 handle on Thursday and spent the Asian session in a calm manner but rose sharply during the European trading

 

USD/JPY technical analysis: Prices moves higher with rising wedge formation

USD/JPY is pushing higher as a strong bout of risk sentiment enters the market. Stocks are pushing to all-time highs and safe-haven assets are falling

 

USD/JPY and AUD/USD Forecast November 8, 2019

For additional up-to-date Forex Trading information: News (https://www.dailyforex.com/forex-news/page-1), Technical Analysis (https://www.dailyforex.com/fore…

 

Cheer Up


Image courtesy: timesofindia.indiatimes.com

Have a nice trading!




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