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The EURJPY and other XXXJPY pairs surged lower following the "speculated" BOJ/MOF intervention in European trade today. Although many pairs hit some key levels, the EURJPY was particularly interesting...
Even though the Bank of Japan left the key rate and parameters of the QE program unchanged, the central bank’s inaction increased the pressure on the national currency. This resulted in USD/JPY...
EURJPY retraces lower following a 16-year peakTests ascending trendline drawn from July 2023Oscillators suggest weakening momentumEURJPY had been in a steady advance since December 2023, peaking at a...
Yesterday’s Bank of Japan (BoJ) decision to exit the negative rates went quite smoothly for equities and bonds, relatively disquieting for the yen.The USD/JPY spiked past 151.50 this morning on...
Trade Ideas for Friday 15th February 2024 If you managed to buy some EUR/JPY at 160.90 (this was the low for the day so it would have been tough to get the position on I know), the pair immediately...
EURJPY edges higher after 50-day SMA prevents declineJumps back within its bullish channel in place since JuneMomentum indicators turn positiveEURJPY had been sliding lower in the short term,...
Following the "inaction" of the BOJ overnight, the EUR/JPY and other XXXJPY pairs ramped higher. Many pairs hit resistance levels, including the EUR/JPY. The EUR/JPY completed and equal leg move...
Trade ideas for Monday 16th October.NZD/JPYEUR/JPYEUR/USD
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