USD/JPY Technical Analysis: Anticipation of Important US Data – 28 May 2020

BY admin admin

Before the announcement of a package of important US economic data today, the USD/JPY is subjected to a downward pressure that pushed it towards the support 107.36 level before settling around the 107.70 level in the beginning of Thursday’s trading.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

IRS Approaches Contractors to Audit Crypto Tax Returns

The third-party would be responsible for calculating gains and losses in crypto for each taxpayer.

Forex

Bitcoin Price Projection Soars: BTC-Gold Ratio Indicator Proposes $120,000 Price Target

<p>Bitcoin price has displayed a notable bullish momentum. This comes after a prolonged consolidation phase during which the leading cryptocurrency remained stagnant below the … Read Full

Forex

Italy March retail sales -20.5% vs -15.0% m/m expected

Latest data released by Istat – 7 May 2020 – Prior +0.8%; revised to +0.9% – Retail sales -18.4% y/y – Prior +5.7%; revised to +6.1% Slight delay in the release by the source.

Copyright © 2024 | WordPress Theme: Xews Lite