USD/JPY consolidates near 131.60 after huge move set-off by BoJ – by fx_ross USDJPY Currencies BOJ
was in a state of consolidation, coiling below the breakout of the daily trendline support of the prior bullish cycle, the breakout occurred as follows:The bears moved in on the first target near 130.50. At this juncture, a continuation towards 129.50 and then 126.50 is on the cards albeit with some volatility along the way is to be expected.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
When is the BOJ rate decision and how could it affect USD/JPY?Early on Tuesday, around 03:00 AM GMT, the Bank of Japan (BOJ) will announce routine monetary policy meeting decisions taken after a two-day brainstor
Baca lebih lajut »
Breaking: BoJ stands pat on monetary policy, USD/JPY slumpsAt the final monetary policy meeting of this year, the Bank of Japan (BoJ) board members decided to maintain their monetary policy settings in Decembe
Baca lebih lajut »
USD/JPY bears poke 136.00 as BOJ hawks flex musclesUSD/JPY holds lower grounds near the intraday bottom of 135.77 as the Yen buyers keep the reins ahead of this week’s Bank of Japan (BOJ) monetary poli
Baca lebih lajut »
USD/JPY pauses BoJ-inspired slump to multi-month low, finds some support near 132.00The USD/JPY pair adds to its heavy intraday losses and plummets to over a four-month low, around the 132.00 mark during the mid-European session. The
Baca lebih lajut »
USD/JPY tumbles by more than 4.5%, tests 131.00The USD/JPY dropped even further during the American session and bottomed at 131.00, the lowest intraday level since August 2. It remains near the low
Baca lebih lajut »
‘Gang’s All Here’ Podcast Episode 131: Robert Saleh’s Clock Mismanagement Dooms Jets'Gang's All Here' Podcast Episode 131: Robert Saleh's Clock Mismanagement Dooms Jets
Baca lebih lajut »