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USDJPY - USD/JPY Forecast: Brexit, trade, and broken support line all pointing to further falls
High uncertainty weighs on the market mood and the yen benefits. On the US-Sino trade front – which was a more significant market mover for USD/JPY before the latest Brexit drama – there is a lack of ...
USD/JPY Forecast: Sensitive to Risk Appetite
At this point, algorithms are taken over and are starting to throw a lot of correlated markets back and forth. This is why the USD/JPY pair simply cannot move, because the S&P 500 algorithms tend to ...
USD/JPY Price Forecast – Euro Quiet On Tuesday
The US dollar has done very little during the trading session on Tuesday against the Japanese yen as we simply grind back and forth in somewhat difficult conditions to handle. The 200-day EMA is of ...
USD/JPY technical analysis: Head-and-shoulders breakdown on 4H chart
The currency pair is currently trading at 1.2854, representing 0.13% losses on the day. USD/JPY is operating on slippery grounds, courtesy of Brexit-led risk aversion in the equity markets. The pair ...
USD/JPY technical analysis: waiting for a fresh momentum
Earlier in the week, the USD/JPY fell to the 108.29 support as pressure on the US dollar from expectations for a US rate cut next week by the US Federal Reserve continued to show weakness in recent ...