Forex-Traders-Uk

In keeping with the norm, higher UST yields and by inference...

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
In keeping with the norm, higher UST yields and by inference wider divergence to JGBs, have undermined the Yen more than most, while Usd/Jpy is also eyeing the 200 DMA after what proved to be a false break above last Friday. To recap, the pair spiked to 105.77, but closed just shy of the aforementioned technical level, which incidentally remains at 105.57 today, and is currently back above within a 105.2-67 range following a mixed Japanese Economy Watchers survey and reports that the state of emergency may be lifted in some areas.
Receive instant forex funding!
Trade our capital and receive 50% of profits!
Losses are on us!
Trade up to £1M.
https://www.forextradersuk.com/
FREE TELEGRAM:
https://www.t.me/forextradersukcommunity

Comments

amazing explanation brother! keep it up!
+1 Reply
Forex-Traders-Uk TheSignalyst
@TheSignalyst, Thanks man :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out