Tickmill’s Investing Diva, USDJPY Daily Outlook 03-07-20

<p>USDJPY Daily Outlook 03-07-20 – On Thursday Record U.S. jobs gain of 4.8 million in June smashed expectations and the unemployment rate fell to 11.1%. The Canadian factory activity also hinted at a turnaround in June. Meanwhile, Brexit talks still going nowhere as the UK and the EU said there are still serious differences over trade deal.</p>
<p>Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to the <a href="https://www.youtube.com/channel/UCygXlFW43dWBKnNty1s-W_g">Tickmill YouTube channel</a> and support us by liking and sharing this video with your forex trading friends.</p>
<p>The US markets are closed on Friday in celebration of Independence Day and we’re not expecting much movement from the rest of the major currencies.</p>
<p><iframe src="https://www.youtube.com/embed/U3awm5v0_KY" width="100%" height="481" frameborder="0" allowfullscreen="allowfullscreen" data-mce-fragment="1"><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span><span data-mce-type="bookmark"></span><span data-mce-type="bookmark"><span data-mce-type="bookmark"><span data-mce-type="bookmark"></span></span></span><span data-mce-type="bookmark"></span></iframe></p>
<p>On the charts, the USD was little changed even after the record jobs report on Thursday. The USD/JPY pair continues to consolidate inside the daily Ichimoku cloud while the future cloud is bearish. The key support for the pair remains at 106.45.</p>
<p>Will you be trading on Friday while the US markets are closed? Head over to the comments section and let me know.</p>
<p><strong>Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.</strong></p>
<p><strong>High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% and 70% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.</strong></p>
<p>The post <a rel="nofollow" href="https://blog.tickmill.com/fund-analysis/tickmills-investing-diva-usdjpy-daily-outlook-03-07-20/">Tickmill’s Investing Diva, USDJPY Daily Outlook 03-07-20</a> appeared first on <a rel="nofollow" href="https://blog.tickmill.com">Tickmill</a>.</p>