The USD/JPY pair edges lower during the Asian session on Friday and for now, seems to have snapped a three-day winning streak to its highest level sin
USD/JPY meets with some supply on Friday and snaps a three-day winning streak to the YTD top. Intervention fears benefit the JPY and exert pressure on the pair amid subdued USD price action. The divergent Fed-BoJ policy outlook should limit the downside ahead of the US PCE Price Index. ce October 2022, around the 150.75-150.80 region touched the previous day. Spot prices, however, manage to hold above the 150.
00 mark, should now act as a pivotal point for intraday traders, below which the USD/JPY pair could accelerate the slide towards an ascending trend-line support near the 149.65 area. Some follow-through selling will be seen as a fresh trigger for bearish traders and pave the way for a slide towards the 149.30 intermediate support before spot prices drop to the 149.00 round figure. The downward trajectory could get extended further towards the next relevant support near the 148.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Japanese Yen Retests 150 Ahead of BOJ; USD/JPY, GBP/JPY, EUR/JPY SetupsJPY is retesting the psychological 150 mark against the USD ahead of the BOJ’s policy meeting next week. What is the outlook and what are the key levels to watch in USD/JPY, GBP/JPY, and EUR/JPY?
Les mer »
USD/JPY testing 150.40 ahead of Tokyo CPI inflation, markets hope for a hold at 2.5%The USD/JPY is trading into 150.40 as Japan's Tokyo Consumer Price Index (CPI) rounds the corner. Tokyo Core CPI is expected to hold steady for the ye
Les mer »
USD/JPY sticks to its side-lined tradingFurther range bound trade is still in the pipeline for USD/JPY in the short-term horizon, note Economist Lee Sue Ann and Markets Strategist Quek Ser L
Les mer »
USD/JPY hovers below 150.00 as US Dollar stabilizes post recent gainsUSD/JPY moves sideways around 149.80 during the Asian session on Wednesday. The pair faces a minor challenge as the US Dollar (USD) consolidates after
Les mer »
USD/JPY: Will BoJ Step In to Prevent Greenback From Breaching Crucial 152 Level?Forex Analysis by Investing.com (Barani Krishnan) covering: USD/JPY, US Dollar Index Futures, US dollar Futures, US Dollar Index. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
Les mer »