EUR/JPY’s rebound continues today. While further rise could be seen, overall near term risk will stay on the downside as long as 55 4H EMA (now at 183.48) holds. Below 181.15 minor support will bring retest of 179.34 low first. Nevertheless, sustained trading above 55 4H EMA will bring further rally to 61.8% retracement of […]
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The dollar heads into today’s session with one of the most important catalysts of the summer on deck: the July Non-Farm Payrolls report, due at 12:30 PM UTC. Economists expect around 95,000 jobs added, down Read more…
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USD/JPY stood at 158.39 on Friday, with the Japanese yen giving back some of the gains made following the joint intervention by Tokyo and Washington. The renewed weakness has once again raised expectations of possible Read more…