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Author Archives: JPY Editor

USD/JPY adds 20 pips in Asia as T-yields rise

Treasury yields lift USD. USD/JPY runs into 5-day MA hurdle. Increased likelihood that US tax bill will be passed this week. A minor uptick in the US 10-year treasury yield in Asia has put a mild bid under the greenback ...

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USD/JPY Forecast: At inflection point

USD/JPY bulls better take out the key descending trend line this month, else the odds of a big sell-off in 2018 would significantly improve. The above chart shows the falling top pattern (descending trendline). The pair left a lower high ...

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Trade Idea : USD/JPY – Stand aside

As the greenback has rebounded after holding above previous support at 112.03, suggesting consolidation above indicated previous support at 111.99 would be seen and gain to the lower Kumo (now at 112.82) cannot be ruled out, however, reckon upside would ...

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USD/JPY: consolidating at weekly lows

The USD/JPY pair trades near its 2-week low of 111.98, bearish. Sour tone of worldwide equities and yields keep benefiting the yen. The USD/JPY pair consolidates at its lowest for this week, and not far from the low set the ...

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USD/JPY: under pressure in its range – Commerzbank

According to Karen Jones, Analyst at Commerzbank, the USD/JPY pair is trying to bottom out, but so far remains range bound. “USD/JPY is under pressure in its range and has failed ahead of the 114.38/82 major resistance. Dips lower should ...

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