The USD/JPY pair dropped to 146.91 on Wednesday, marking a one-week low, following news that the US and Japan have finalised a trade deal. US President Donald Trump announced that the agreement will impose a 15% tariff on Japanese exports to the US. Additionally, Japan has committed to investing $550 billion into the US economy […]
The post USD/JPY Falls as Japan and US Reach Trade Agreement appeared first on Action Forex.
AUD/USD’s late breach of 0.7221 last week suggests the recent up trend is resuming. Initial bias is mildly on the upside this week. Next target is 61.8% projection of 0.6420 to 0.7187 from 0.6832 at Read more…
USD/CAD’s fall from 1.3965 continued last week after brief recovery. Initial bias stays on the downside this week for retesting 1.3480 low. Decisive break there will resume whole down trend from 1.4791. For now, risk Read more…
GBP/JPY’s steep decline last week indicates medium term topping at 216.58, on bearish divergence condition in D MACD. But as a temporary low was formed at 210.43, initial bias is turned neutral this week first. Read more…