Tag Archives: USD/JPY

USD/JPY Analysis

The pair opened at Y102.33 this morning, just about where it had ended on Friday, at Y102.36.

The NZD/USD traded a tight range on Friday, to end theweek only slightly lower, just below 0.8490.

U.S. Review An Uneven Recovery will Keep the Fed on Hold • Retail sales came in unchanged in July, which was below consensus expectations and

USD/JPY – BULLISH BIAS – (101.70-103.50).

FOMC focus on labor markets “slack” The recent FOMC provided a slightly more hawkish statement by

Recent developments push out expectations for interest rate hikes: This week equities were strong,

EUR/USD continues to hold at the lows butrallies have lost any bullish momentum. Theproximity of the key support at 1.3296,

Today’s highlights: GBPUSD is holding key support at 1.6693/61 for now, but an eventual break remains favoured to complete a large top.

FX majors mostly tread water with EUR steady at 1.336 and USDJPY marginally higher to 102.5.

EURUSD: The bear triangle yesterday traced out the last sub wave, thee-wave, and should hence now stand ready to plunge lowerto a fresh low.

The decline from 103.09-101.51 unfolded in 5 waves and we have marked this wave-A of an A-B-C move.

Focus continues to be on the geo-political development in Ukraine,