Key Highlights USD/JPY started a fresh increase above the 159.00 resistance. It now faces resistance near 160.00 on the 4-hour chart. Bitcoin prices dipped further and tested the $70,000 support. Gold failed to remain above $4,000 and trimmed gains. USD/JPY Technical Analysis The US Dollar remained supported above 157.50 against the Japanese Yen. USD/JPY formed […]
The post USD/JPY Builds on Its Rally as Further Gains Come into View appeared first on ActionForex.
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A sharp hawkish repricing of Fed expectations has pushed the US two-year yield toward 5% resistance and dragged precious metals lower, but yields and the Dollar cannot explain silver’s whole slide. Whether yields break through Read more…
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