USD/JPY – US Dollar Faces Strong Offers Near 110.00 Vs Japanese Yen

Key Highlights The US Dollar recovered from 108.60 against the Japanese Yen, but faces an uphill task near 110.00. There is a major resistance zone forming near 109.75-110.00 on the 4-hours chart of USD/JPY. Japan’s National Consumer Price Index for July posted a 0.4% rise (YoY), similar to the last +0.4%. Tokyo’s Consumer Price Index in August 2017 increased ...
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EURJPY – Euro’s Bear Run Has Come To End Vs Japanese Yen?

EURJPY – Euro’s Bear Run Has Come To End Vs Japanese Yen? Key Highlights The Euro surged higher recently after trading as low as 112.61 against the Japanese yen. The EURJPY pair traded with a positive bias this week, and broke a major bearish trend line on the 4-hours chart at 113.50. Today, the Japanese National Consumer Price Index released by the Statistics B...
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USDJPY – US Dollar At Make-Or-Break Levels Versus Japanese Yen

USDJPY - US Dollar At Make-Or-Break Levels Versus Japanese Yen Key Highlights The US dollar is making an attempt to move higher versus the Japanese yen, but faces a major hurdle. There is a monster descending channel pattern formed on the 4-hours chart of USDJPY, which is acting as a downside move catalyst. Today, the Japanese National Consumer Price Index released ...
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GBPJPY – British Pound Remains In A Downtrend Versus Japanese Yen

GBPJPY – British Pound Remains In A Downtrend Versus Japanese Yen Key Highlights The British Pound recently traded higher against the Japanese yen, but failed to break the 139.00-50 resistance area. There is a monster bearish trend line on the hourly chart of the GBPJPY pair, protecting the upside move. The Japanese National Consumer Price Index report was release...
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