USD/JPY Price Analysis: Not out of the woods yet, bearish flag spotted on hourly charts – by hareshmenghani USDJPY RiskAppetite Fed Technical Analysis Currencies
The formation of a bearish flag pattern warrants caution before positioning for any further upside.USD/JPY pair
The prevalent risk-on environment, along with less hawkish remarks by Bank of Japan Governor Kazuo Ueda, saying that there was still some distance to sustainably achieve the 2% inflation target, undermines the safe-haven Japanese Yen . Apart from this, a modest uptick is seen as a key factor lending some support to the USD/JPY pair.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY to find a floor at key support of 137.51/06 – Credit SuisseUSD/JPY has extended its decline. Economists at Credit Suisse analyze the pair’s outlook. Initial resistance seen at 139.75/76 With a small bullish ‘r
Read more »
USD/JPY struggles to gain any meaningful traction, holds steady near 139.00 markThe USD/JPY pair edges higher during the Asian session on Wednesday, albeit lacks bullish conviction and currently trades around the 139.00 mark or th
Read more »
USD/MXN Price Analysis: Consolidates its recent slide to multi-year low, hovers around 16.75USD/MXN Price Analysis: Consolidates its recent slide to multi-year low, hovers around 16.75 – by hareshmenghani USDMXN Fed Technical Analysis Currencies
Read more »
AUD/USD Price Analysis: Consolidates above 0.6800 as investors await RBA minutesThe AUD/USD pair is demonstrating a back-and-forth action above the round-level support of 0.6800 in the European session. The Aussie asset has turned
Read more »
EUR/USD Price Analysis: Initial hurdle comes at 1.1250EUR/USD comes under pressure and puts the 1.1200 region to the test on Monday. While the continuation of the upside momentum appears favoured in the v
Read more »
BTC, ETH, ADA, BNB and SOL Price Analysis for July 17Which coin can return to a bull run faster than others? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Read more »