Japanese Yen Technical Analysis: USD/JPY Base Looks Very Firm
The Japanese Yen remains under the broad pressure against the US Dollar which has dominated 2018. USD/JPY bulls now have a reasonable platform from which to try for the year’s peak again
The Japanese Yen remains under the broad pressure against the US Dollar which has dominated 2018. USD/JPY bulls now have a reasonable platform from which to try for the year’s peak again
The Indonesian Rupiah is on the verge of accelerating its appreciation against the US Dollar, putting USD/IDR’s 2018 uptrend at risk. USD/SGD and USD/PHP eye near-term resistance levels.
The DAX has lifted a bit in recent sessions off long-term support, but it’s not likely to last long with trend and market tone working against global stocks.