JAPANESE YEN FORECAST The Japanese yen depreciates sharply against the U.S. dollar and the euro after the Bank of Japan maintains its policy of negative rates and only modestly tweaks its yield curve control program Japan’s Ministry of Finance says it has not intervened in the FX market recently This piece examines the crucial technical
Euro, EUR/USD, US Dollar, EUR/JPY, Trend Breakout, Candlestick, Bollinger Bands – Talking Points Euro bulls were rewarded earlier last week before a pullback surfaced The technical set-up from the recent rally might see Euro bears re-enter the fray The squeeze higher appears to have been rejected for now. Will EUR/USD go lower? Recommended by Daniel
Share: EUR/JPY trades at 158.06, down 0.48%, as BoJ normalization speculations gain traction. Escalating Middle East conflict bolsters safe-haven assets, including the Japanese Yen. ECB’s decision to hold rates and scaled back positions for further hikes also weighs on EUR/JPY. The Euro (EUR) lost a step against the Japanese Yen (JPY) on Friday,
US Dollar, Euro, British Pound vs. Japanese Yen – Outlook: USD/JPY is once again testing the psychological 150 mark. Risk of intervention is growing amid speculation of a tweak in BOJ YCC policy. What is the outlook and what are the key levels to watch in select JPY crosses? Looking for actionable trading ideas? Download
Share: EUR/JPY climbs for the second straight day, breaking above 158.92, but closes at 158.74. BoJ’s ultra-loose monetary policy pressures JPY, while positive EU data reduces a possible ECB rate hike. Technical analysis shows potential for further gains, with YTD high at 159.76 as next target for buyers. EUR/JPY climbed for the second
Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, EUR/GBP, British Pound, Trend, Range – Talking Points Euro appears to be struggling against the US Dollar with a trend unfolding EUR/JPY has steadied after a downside breakout move was rejected EUR/GBP continues to bounce around in the range for now. Will EUR/GBP break out? Recommended by Daniel
Share: EUR/JPY trades with a 0.47% gain, bouncing from daily lows of 156.98. Technical indicators suggest potential upward movement, targeting the October 12 high. A successful breach of the Kumo top could pave the way to the YTD high of 159.76. The EUR/JPY pair tests the top of the Ichimoku Cloud (Kumo), at
Share: EUR/JPY slips inside the Ichimoku Cloud after maintaining levels above it for the past three sessions. The pair breaches the October 12 low of 157.64, with potential further descent towards crucial support levels identified around 156.49/47, 156.00 mark, and Kumo’s bottom at 155.55/60. For upward momentum, the EUR/JPY needs to reclaim the
US Dollar, Euro, Australian Dollar vs. Japanese Yen – Price Action: USD/JPY is flirting with the psychological 150 mark. EUR/JPY continues to be capped at key resistace; AUD/JPY is holding above key support. What is the outlook and what are the key levels to watch in select JPY crosses? Looking for actionable trading ideas? Download
Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, EUR/CHF, Swiss Franc, Trend, Range – Talking Points Euro bulls have been cheering against the US Dollar this week after a rally A plunge in EUR/JPY last week proved to be unsustainable with a solid bounce EUR/CHF looks to be in the range for now. Will EUR/CHF break
