Japanese Yen Retests 150 Ahead of BOJ; USD/JPY, GBP/JPY, EUR/JPY Setups

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

GBP/USD, GBP/JPY, GBP/AUD Price Action

British Pound Vs US Dollar, Japanese Yen, Australian Dollar – Price Setups: UK jobs and business activity data further reinforce the market’s expectation of peak UK rates. Key focus is on US GDP due Thursday and US PCE data due Friday. What is the outlook and key levels to watch in select GBP crosses? Curious

GBPJPY dips below 100 day MA

GBPJPY tests/breaks below 100 day MA Looking at the daily chart, the 100 day moving average currently comes in at 181.64. The price has just dipped below that level and currently trades at 181.57. Admittedly, earlier this month, the price fell below the moving average level for the 1st time since March 2023, but could

Japanese Yen Price Action Setups: USD/JPY, GBP/JPY

USD/JPY, GBP/JPY PRICE, CHARTS AND ANALYSIS: Most Read: Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ (Top Trade Q4) USD/JPY, GBP/JPY FUNDAMENTAL BACKDROP The Japanese Yen has resumed its struggles following the Bond purchase offensive by the Bank of Japan (BoJ) on October 2. The biggest winner has actually

GBPJPY Technical Analysis – We are at a key resistance zone

UK: The BoE kept interest rates unchanged at the last meeting. The central bank is leaning more towards keeping interest rates “higher for longer” but it kept a door open for further tightening if inflationary pressures were to be more persistent. Key economic data like the latest employment report showed a very high wage growth

Japanese Yen Aided by Fed Pause View, Geopolitics; USD/JPY, GBP/JPY, AUD/JPY

US Dollar, Australian Dollar, British Pound vs. Japanese Yen – Price Action: USD/JPY continues to hover below the psychological 150 mark. GBP/JPY is attempting to rise further; 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

Oscillates below the Kumo, with buyers eyeing 181.60s

Share: GBP/JPY registers a 0.50% gain, moving from 179.56 to a close of 180.92, with a cautious uptick to 181.05. An imminent test of the Ichimoku Cloud bottom at 181.61 could dictate the next directional move towards 181.90 or below 178.03. Short-term view leans neutral to slightly bullish, with key resistances set at

GBP/JPY trades sideways despite BoE Bailey warns about inflation shocks

Share: GBP/JPY remains lackluster near 180.50 despite the UK’s economic turmoil. BoE Bailey sees inflation likely at or below 5% by the year-end. Japan Kishida vowed to make a surge of wage rises sustainable to keep inflation above 2%. The GBP/JPY pair struggles for a direction as the impact of the Bank of