16 June, 2017 by Aayush Jindal in Market Analysis
The US Dollar recently formed a base near 108.80 against the Japanese Yen and started a recovery.
The USD/JPY pair recently broke a major bearish trend line and resistance near 110.20-40 on the 4-hours chart.
Today, the BoJ Interest Rate Decision (June 15, 2017) will be announced by the Bank of Japan, and rates are expected to remain at -0.1%.
20 December, 2016 by Aayush Jindal in Fundamental Analysis, Market Analysis, Technical Analysis
AUDJPY – Aussie Dollar Establishing Downtrend Vs Japanese Yen
The Aussie dollar traded sharply lower against the Japanese yen, and broke the 86.00 support.
There was a crucial bullish trend line on the 4-hours chart of AUDJPY, which was broken at 85.80 to ignite a downside move.
In Australia today, the minutes of the Reserve Bank of Australia meetin...