USDJPY continues the ups and downs

BY admin admin

Seeing reaction around the 100/200 hour MAs
The USDJPY continues the ups and downs. The price action today initially moved lower, but reached a support area in the 107.309 to 107.359 area and bounced. The move higher has since moved above the 100 and 200 hour MAs at the 107.60-62 area. That is now support from

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

US Dollar strengthens as Israel-Gaza conflict triggers safe-haven flight

The US Dollar (USD) is not able to enjoy the US public holiday on Monday. Despite Columbus Day, the Greenback is soaring higher after it gapped up on

Forex

US equities set for a strong open as bond yields fall

<p>S&amp;P 500 futures are up 29 points, or 0.7% ahead of the open. It's been a rough quarter for stocks but with Treasury yields down 4-7 bps across the curve today, some buyers are wa

Forex

(23 JUNE 2020)Crude Oil (WTI) Consolidation in place.

<p>Pivot</p> <p>&nbsp;(invalidation): 41.25 Our preference</p> <p>Short positions below 41.25 with targets at 39.40 &amp; 38.80 in extension.</p> <p>A

Copyright © 2024 | WordPress Theme: Xews Lite