USD/JPY Mid-Day Outlook - Action Forex

USD/JPY Mid-Day Outlook - Action Forex

Daily Pivots: (S1) 146.80; (P) 148.00; (R1) 149.08; More… Intraday bias in USD/JPY stays neutral and more consolidations could be seen below 149.17. Downside should be contained by 55 D EMA (now at 145.56). Break of 149.17 will resume the whole rise from 139.87 to 100% projection of 139.87 to 148.64 from 142.66 at 151.43. […] The post USD/JPY Mid-Day Outlook appeared first on Action Forex.

Japanese Yen Slips Further as USD/JPY Climbs to 148.80 Amid Broad Dollar Strength - XtremeMarkets

The Japanese Yen (JPY) extended its losses on Thursday during early European trading, as renewed U.S. Dollar (USD) strength pushed the USD/JPY pair to 148.80 — approaching its highest levels since late June. A combination of weaker-than-expected trade data from Japan, lingering economic concerns, and rising political uncertainty continues to weigh on the JPY.  Weaker […] The post Japanese Yen Slips Further as USD/JPY Climbs to 148.80 Amid Broad …