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USD/JPY Forecast: Bullish In The Short Term
Thursday, December 12, 2019 - 4:44pm | 321Read More...USD/JPY Current Price: 109.35 US-China reached a deal in principle, according to US President Trump, dollar soars. Japan Q4 Tankan report expected to show further easing in manufacturing and non-manufacturing activity. USD/JPY bullish int he short term, risk will turn south on a break below...
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USD/JPY Forecast: Bearish As Long As Below 109.30
Tuesday, December 10, 2019 - 4:46pm | 325Read More...USD/JPY Current Price: 108.72 The US Federal Reserve is expected to keep rates on hold, and its optimism about the economy. The market mood improved just modestly during US trading hours, underpinning the pair. USD/JPY holding within familiar levels, bearish as long as below 109.30. The USD...
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USD/JPY Forecast: Holding Within Bearish Ground In The Short-Term
Thursday, December 5, 2019 - 4:11pm | 340Read More...USD/JPY Current Price: 108.78 Japan’s Leading Index seen recovery modestly to 92.0 in October. US Nonfarm Payroll report could put the market’s on pause through the Asian session. USD/JPY holding within bearish ground in the short-term room to fall below 108.00. The USD/JPY pair...
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USD/JPY Forecast: Advance Seen As Corrective
Wednesday, December 4, 2019 - 4:38pm | 376Read More...USD/JPY Current Price: 108.94 Risk sentiment improved modestly, safe-havens corrected overbought conditions. The Japanese services PMI returned to expansion territory in November with 50.3. USD/JPY advance seen as corrective, needs to rally past 109.30. A modest improvement in the market...
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USD/JPY Forecast: Turned Bearish In The Short-Term
Monday, December 2, 2019 - 5:05pm | 340Read More...USD/JPY Current Price: 108.98 Yen boosted by trade concerns, dollar pressured by dismal data. USD/JPY turned bearish in the short-term, may approach 108.00. The USD/JPY pair lost the 109.00 threshold and heads into the Asian a couple of pips below the figure, after hitting at the beginning...
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USD/JPY Forecast: Heading Toward 110.00
Wednesday, November 27, 2019 - 4:40pm | 315Read More...USD/JPY Current Price: 109.55 Better-than-expected US data hurt demand for safe-haven assets. US indexes flirted with all-time highs ahead of the Thanksgiving holiday. USD/JPY trades at around 109.50, November monthly high. The USD/JPY pair jumped to its November’s high, rallying in...
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Forex Traders Determine Their Strategy With New Personality Quiz
Friday, November 22, 2019 - 11:25am | 883Read More...Have you ever given much thought to what lies behind your forex trading decisions? Numerous factors will determine the day-to-day positions you take, but what is it that underpins your overall trading strategy? A new personality quiz for forex traders can tell you what type of trading style you...
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USD/JPY Forecast: Falls For The Second Day In A Row And Tests Support At 108.45
Tuesday, November 19, 2019 - 4:53pm | 243Read More...USD/JPY falls for the second day in a row and tests support at 108.45. The short-term technical picture turns from neutral to slightly bearish. The USD/JPY pair continued to fall on Tuesday, posting its second daily loss in a row, as the lack of progress in trade negotiations between China and...
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Greenback Faces 38.2% Fibonacci Resistance Before Targeting 112.00
Friday, March 1, 2019 - 11:36am | 371Read More...With the US fourth-quarter GDP beating the market estimates the US Dollar was boosted, breaking the 50% Fibonacci resistance on the upside. The global tensions stemming from India-Pakistan military conflict in Kashmir receded, easing the market sentiment. Japan’s inflation rose slightly...
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USD/JPY Forecast: Different Reasons, Same Downwards Direction
Friday, January 11, 2019 - 12:28pm | 1231Read More...USD/JPY fell again, this time due to the dollar's weakness US retail sales and politics will take center-stage. The technical picture is bearish for the pair. Experts are bearish in the short and medium terms while bullish in the long term. This was the week: Fed goes dovish After Powell...
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USD/JPY Forecast: Dizzied By The Flash Crash And Watching The Fed
Friday, January 4, 2019 - 1:00pm | 1337Read More...USD/JPY dropped sharply and suffered a "flash crash." Inflation and services data stand out in the first full week of 2019. The pair looks oversold, but that does not mean it will rise. The FX poll shows short-term dips before a rally afterward. This was the week: Flash crash as fears...
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USD/JPY: Capped By Sellers Aligned Around 108.00
Thursday, January 3, 2019 - 12:18pm | 396Read More...USD/JPY Current price: 107.55 Fears prevail, but investors cautious ahead of US employment data. Bearish long-term case to steepen on a break below 106.75. The USD/JPY pair trades below 108.00, at its lowest since April last year, roughly 150 pips below its daily opening, following the market...
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USD/JPY: Collapsing on Fears About A Global Economic Downturn
Wednesday, January 2, 2019 - 12:05pm | 410Read More...USD/JPY Current price: 108.94 Chinese manufacturing PMI fell into contraction territory, fueling fears of a global economic downturn. Worldwide equities trade in the red, US Treasury yields at their lowest since February 2018. Fear dominates the FX board post-New Year holidays, with...
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USD/JPY Forecast: Fed Focus Limits Free Movement
Tuesday, December 18, 2018 - 10:19am | 566Read More...USD/JPY is trading in a narrow range as the last full week of the year commences. Tension towards the all-important Fed decision limits movements. The technical picture is decidedly mixed for the pair. USD/JPY is trading just below 113.50, not going anywhere fast. The light calendar on Monday no...
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USD/JPY Forecast: Two Steps Up, One Step Down, Trump's Trade And NFP Eyed
Friday, November 30, 2018 - 10:12am | 1435Read More...The USD/JPY had a busy and choppy week amid Fed action. A full buildup to the NFP stands out, as well as trade talks. The charts show a narrowing wedge closing on the price. This was the week: Disappointing data, Trump troubles, and perhaps a Powell Put Fed Chair Jerome Powell's testimony...
