EURUSD – Euro Might Decline Further Vs USD

EURUSD – Euro Might Decline Further Vs USD Key Highlights The Euro faced a lot of selling pressure lately against the US Dollar, moving below the 1.0900 support area. There is a minor bearish trend line formed on the hourly chart of EURUSD, which may act as a resistance near 1.0880. Today, the Euro Zone Manufacturing Purchasing Managers Index (PMI) will released b...
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AUDJPY – Buy Aussie Dollar Vs Japanese Yen Post Employment Report?

AUDJPY – Buy Aussie Dollar Vs Japanese Yen Post Employment Report? Key Highlights The Aussie dollar after trading as high as 80.02 against the Japanese yen started correcting lower. There is a crucial bullish trend line formed on the 4-hours chart of AUDJPY, which may act as a support around 78.80. Today, the Australian Employment Change released by the Australian...
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GBPJPY – British Pound Looking For Momentum Vs Yen

GBPJPY – British Pound Looking For Momentum Vs Yen Key Highlights The British Pound gained traction near 126.00 against the Japanese yen, and traded higher. There was a major triangle pattern on the 4-hours chart of GBPJPY, which is broken to clear the way for more upsides. Today, the UK Claimant Change figure will be released by the National Statistics, which is ...
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EURJPY – Japanese Yen Remains in the Driver’s Seat Vs Euro

EURJPY – Japanese Yen Remains in the Driver's Seat Vs Euro Key Highlights The Euro declined recently below 115.00 versus the Japanese yen and remained in a downtrend. There are a couple of bearish trend lines formed on the hourly chart of EURJPY, which may act as a resistance if the pair corrects higher. The Japanese Domestic Corporate Goods Price Index released b...
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USDJPY – Can US Dollar Continue Uptrend Vs Japanese Yen?

USDJPY – Can US Dollar Continue Uptrend Vs Japanese Yen? Key Highlights The US Dollar traded above the 103.00 handle against the Japanese yen, and broke a major resistance. There was a crucial bearish trend line formed on the daily chart of the USDJPY pair, which was cleared by the Dollar bulls. Today in Japan, the Machinery New orders, released by the Cabinet Off...
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GBPJPY – British Pound May Continue To Bleed Vs Yen and Dollar

GBPJPY – British Pound May Continue To Bleed Vs Yen and Dollar Key Highlights The British Pound declined heavily recently not only against the US dollar, but faced sellers against the Japanese yen as well. There are two bearish trend lines formed on the 4-hours chart of the GBPJPY pair, which may act as a resistance in the short term. The GBPUSD pair also remains ...
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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 Poised for Continued Weakness

Key Highlights The British Pound after failing to break 139.00 versus the Japanese yen started a downward trend. There is a bearish trend line on the 4-hours chart of GBPJPY, which is pushing the pair down. Today, the BoJ Monetary Policy Meeting Minutes were published by the Bank of Japan. The impact was not much on the Japanese yen, as the currency remained in a ...
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EURJPY – Euro Trend Overwhelmingly Negative Vs Yen; Fed Next

EURJPY – Euro Trend Overwhelmingly Negative Vs Yen; Fed Next Key Highlights The Euro nosedived against the Japanese yen recently and formed a bearish trend. The EURJPY pair during the downside cleared a major bullish trend line on the 4-hours chart. Today, the Japanese Merchandise Trade Balance Total released by the Ministry of Finance posted a trade deficit of ¥...
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USDJPY – US Dollar Remains Buy On Dips Vs Japanese Yen

USDJPY – US Dollar Remains Buy On Dips Vs Japanese Yen Key Highlights US Dollar managed to bounce recently against the Japanese Yen from a perfect technical support. There is a bullish trend line formed on the 4-hours chart of USDJPY, which acted as a barrier for sellers and pushed the pair back up. Today in Japan, the Foreign investment in Japan stocks figure was...
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