To receive James Stanley’s Analysis directly via email, please sign up here. Talking Points: In our last article, we looked at EUR/JPY showing some indication of ‘topping’ despite its aggressively bullish price action. While the bullish move was ...
USD/JPY has exited the symmetrical triangle and keeps pushing lower. Hourly support is given at 110.24 (18/05/2017 low). Stronger support is located at 108.13 (17/04/2017 low). Other key supports lie at a distant 106.04 (11/11/2016 low). The …
Not only is USD/JPY looking weaker, with price trading below its 8-, 21-, and 34-EMAs, as well as its daily Stochastics and MACD trending lower, but so too are EUR/JPY and GBP/JPY. In fact, both EUR/JPY and GBP/JPY seem very …
The week begins, and we have our first two big losers. Both the pound (here) and the yen (here) are gapping lower in early currency trading. What's going on? In the U.K., this is a reaction to the downgrade. And in Japan, this is a result of the …
USD/JPY is still trading around 110. The pair is trading sideways between hourly support at 110.59 (20/05/2016 high) and hourly support at 108.72 (18/05/2016 low). Expected to show further weakening towards 108.72 as the medium term …
USD/JPY dropped 240 pips in about 30 minutes as US presidential election results begin to emerge. Donald Trump is drawing closer to winning some close battleground states increasing his odds of winning the overall election. Though we …
Access Our Free Q3 JPY Outlook As Pressures Mount on BoJ & the Federal Reserve Here The BoJ Threat Was Disappointing As of Friday, USD/JPY has fallen over 3% as the Bank of Japan disappointed anapparent QE-Hungry …