GBP/JPY – British Pound on Recovery Mode Vs Japanese Yen

Key Highlights The British Pound after declining towards 139.50 against the Japanese Yen found support. The GBPJPY pair broke a major bearish trend line at 140.20 on the 4-hours chart to initiate a recovery. Japan’s Unemployment Rate remained at 2.8% in July 2017. The Jobs to application ratio in July 2017 increased from the last reading of 1.51 to 1.52. GBP/...
Read More

USD/JPY – Can US Dollar Hold 110.50 Vs Japanese Yen?

Key Highlights The US Dollar is under a lot of selling pressure and trading below 111.50 against the Japanese Yen. There is a connecting bullish trend line with support at 110.80 forming on the 4-hours chart of USD/JPY. Today in Japan, the National Consumer Price Index for June 2017 was released, which posted an increase of 0.4% (YoY). The Japanese Unemployment Rate for J...
Read More

USD/JPY – US Dollar Poised For Further Gains Vs Japanese Yen

Key Highlights The US Dollar moved higher this week above 112.00 against the Japanese Yen, and traded with a bullish bias. There is a major bullish trend line with support at 111.50 forming on the 4-hours chart of USD/JPY. Today in Japan, the Unemployment Rate for May 2017 which comes from the Ministry of Health, Labour and welfare posted an increase from 2.8% to 3.1...
Read More

EURJPY – Is This The Push Euro Needed Vs Japanese Yen?

Key Highlights The Euro made a nice upside move against the Japanese yen recently and broke the 119.80 resistance. The EURJPY pair also broke a couple of bearish trend lines near 119.80 and 120.00 on the 4-hours chart. In Japan, the National Consumer Price Index for Jan 2017 (YoY) released by the Statistics Bureau posted a rise of 0.4%, same as the forecast. The J...
Read More

USDJPY – Trend Change for Dollar to Yen? Let’s Find Out

USDJPY – Trend Change for Dollar to Yen? Let’s Find Out Key Highlights The US Dollar after a monstrous rally against the Japanese yen found sellers at 113.80-114.00. There was a crucial bullish trend line on the 4-hours chart of USDJPY, which was broken at 112.50 to ignite a downside move. Today in Japan, the Unemployment Rate from the Ministry of Health, Labour...
Read More

USDJPY – US Dollar Broke All Shackles Vs Japanese Yen

USDJPY – US Dollar Broke All Shackles Vs Japanese Yen Key Highlights The US Dollar surged higher recently against the Japanese yen and broke a couple of important resistance levels. There was a monster bearish trend line formed on the 4-hours chart of the USDJPY pair, which was broken during the upside move. The Japanese Unemployment Rate which comes from the Mini...
Read More

EURJPY – Euro At Major Crossroads Versus Japanese Yen

EURJPY – Euro At Major Crossroads Versus Japanese Yen Key Highlights Euro after tumbling against the Japanese yen post Brexit found support near 109.30-40 levels. There is a bullish trend line formed on the 4-hours chart of EURJPY, providing support. In Japan, the National Consumer Price Index (Ex-Fresh Food) released by the Statistics Bureau posted a decline of 0...
Read More

GBPJPY – Pound Looks Set For Gains Against JPY

GBPJPY – Pound Looks Set For Gains Against JPY Key Highlights             British Pound gained against the Japanese Yen and looks set for more upsides. There were a couple of bearish trend lines formed on the hourly chart of GBPJPY, which were broken. The Japanese Unemployment Rate which comes from the Ministry of Health, Labour and welfare came in at 3....
Read More

USDJPY – Yen To Gain Further?

USDJPY – Yen To Gain Further? Key Highlights             US Dollar struggled this week against the Japanese Yen, and it looks like latter one is set for more gains. The USDJPY pair broke a support trend line formed on the hourly chart to ignite a downside move. Japanese Unemployment Rate which comes from the Ministry of Health, Labour and welfare came i...
Read More