USDJPY retracing gains after run higher stalls ahead of topside targets

BY admin admin

USDJPY on the hourly chart The USDJPY moved higher in the Asian session helped by the Lavrov/Blinken meeting announcement. The USDJPY moved higher as did stocks but the pair stalled well ahead of its falling 100 hour MA currently at 115.378 (blue line) and just above the broken 38.2% a

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

Oil Range Trading, Gold Yawns

<p>Oil’s range-trading continues More lightening of speculative long positions was evident overnight, with both Brent and WTI retreating modestly. Despite that, we remain in a range-tradin

Forex

Dollar will go ahead. Forecast as of 07.07.2023

Another US positive economic report should make the EURUSD sink, however, the pair has strengthened a little. Will the jobs report change the situation? Let us discuss the Forex outlook and make up a

Forex

USD/JPY Forecast: Chinese Deflation Data Pushes Dollar Back

<p>The Chinese economy experienced a period of deflation in the previous month. US inflation data is scheduled for release on Thursday. Japanese real wages declined for the 15th consecutive mont

Copyright © 2024 | WordPress Theme: Xews Lite