USD/JPY Rebound Remains in Play Following Above-Forecast ISM Survey

FX Talking Points: — USD/JPY Rebound Remains in Play Following Above-Forecast ISM Survey. — GBP/USD Initiates Lower Highs & Lows as Bullish Momentum Unravels. USD/JPY appears to be regaining its footing as the ISM Non-Manufacturing survey unexpectedly climbs to 59.9 from a revised 56.0 in December, and the near-term rebound may gather pace during throughout […]

USDJPY Pangkas Penurunan Pasca Data Non-Manufaktur AS

Monexnews — USDJPY memangkas penurunan di awal perdagangan sesi AS Senin (5/2/2018) berkat rilis daya ISM non-manufaktur AS. Data non-manufaktur tersebut dirilis sebesar 59,9 untuk bulan Januari, jauh lebih tinggi dari estimasi 56,5, serta bulan sebelumnya 55,9. USDJPY yang sebelumnya turun ke level terendah harian 109.63 kembali ke kisaran level open 110.19 pada pukul 22:18 […]

EURUSD retests 200 hour MA line

Up and down volatility in markets.The EURUSD is back up retesting the broken 200 hour MA despite the better reading in the ISM non manufacturing index.  That MA comes in at 1.24269.Stocks shave rebounded in volatile trading.  The 10 year yield is in the middle of the 2.82% to 2.88% range. Gold moved to $1329 […]

S&P 500 turns green

The washout is over The S&P 500 is in positive territory, wiping out today’s 25 point loss in less than an hour. This was such a classic pattern. It’s something I touched on last week, when I warned not to be a hero on Friday. There was the Friday rout that stoked the weekend main […]

Forex technical analysis: USDJPY jumps back toward 110.00

Will waffle with stocks The USD stocks opened lower and is rebounding. That is having an influence on the USDJPY price action.Looking at the intraday 5 minute chart, the price moved above a trend line and 100 bar MA (blue line) at 109.85, and scooted higher toward 110.00. Expect more up and down volatility. Taking a broader […]