Logo-color Logo-white

USDJPY stuck within 149.55-150.00 area Short-term risk is skewed to the downside ADP Jobs data, ISM non-mfg PMI on the agenda USDJPY is pushing again for a close above the 150.00 number and the 200-day exponential moving average (EMA) after closing around the 149.55 base for the third consecutive trading day on Tuesday. There is no […]

The post USDJPY Fights for a Close Above 150 appeared first on Action Forex.

previous

EURAUD Surges Higher

next

Yen Strengthens on Rate Hike Expectations; Euro Tests Recent Lows

Read More

03/12/2024

C’est La Crise

France has stepped into the crisis mode after a series of events – that included budget concessions to make Le Pen happy – ended with Le Pen not being happy. Consequently, Barnier used a constitutional tool to push his unpopular budget bill without a parliamentary vote and Le Pen said that she would take his […]
02/01/2024

Bitcoin Price Rallies On Rumors of Spot ETF Approval

Key Highlights Bitcoin price started a fresh rally after rumors of spot ETF approval by today. BTC broke a major declining channel with resistance at $43,000 on the 4-hour chart. The price could continue higher if it remains stable above $44,000. The US Manufacturing PMI could remain at 48.2 in Dec 2023. Bitcoin Price Technical […]
15/02/2024

GBP/JPY – Eases From Fighs After Weaker UK Inflation Data

UK inflation unchanged in January Markets expect BoE rate cut in Q2 GBPJPY pares gains after hitting 8.5 year high UK inflation data this morning will have been a welcome surprise for the Bank of England but there’s still a long way to go. Unfavorable base effects were expected to lift headline and core CPI […]