USD/JPY - ..... Despite swinging wildly in Wed's hectic trading with price ratcheting higher to 114.40 in Europe, price later tumbled on broad-based yen buying in New York morning to 113.42 on renewed usd's weakness n drop in U.S. Treasury yields, price staged a short covering bounce to 114.00 in New York afternoon before coming off again in Tokyo today, the pair fell to intra-day low of 113.31 during Tokyo lunch session after tripping stops below 113.40.
Although price has remained under pressure, as dlr is expected to remain confined inside early established broad range, bids reported at 113.10-00 area should contain weakness as yesterday's rise to records highs in the Dow and S&P 500 should boost risk sentiment.
More buying interest is noted below 113.00 with stops reported below 112.80.
Offers are tipped at 113.85/95 and more above with stops above 114.00.
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.