On the daily chart of USD/JPY, the triangle and "Spike and Ledge" patterns based on 1-2-3 are implemented.
Tag - jpy - japanese yen
On the daily chart of EUR/JPY, the consolidation as a part of the "Broadening Wedge" and "Shark" patterns' implementation continues.
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In the third quarter, the Japanese economy shrank the most for more than four years due to the fact that Japanese companies reduced spending, thus threatening to affect the investment outlook next year because the export-reliant Asian country grapples…
Trade EUR, GBP, and JPY on December 10
As the market is waiting for the release of the American Nonfarm Payrolls (NFP), let’s pick a currency pair that will definitely show a big reaction to this event.
On Thursday, the safe haven Japanese yen managed to surge versus the evergreen buck due to the fact that the detaining of a key Chinese executive in Canada might further worsen tensions between China and America, thus helping market participants to drift…
On the daily chart of USD/JPY, bears try to move the pair outside the triangle and lower border of the upward channel.
On the daily chart of EUR/JPY, there are implementations of the "Broadening wedge" and "Shark" patterns (88.6% target).
How the key currency pairs reacted to the weak US Dollar? Find out from our news!
The Japanese yen gained on Wednesday and Thursday against the US Dollar on the comments from the Federal Reserve Chairman Jerome Powell.
Let’s get into the fundamental factors which have an impact on the key currencies…