OctaFX | OctaFX Forex Broker
Open trading account
Back

Further USD/JPY up-move expected in the coming days - UOB Group

FXStreet (Łódź) - The Market Strategy Team at UOB Group believe that USD/JPY should continue climbing in the nearest future.

Key Quotes

"The anticipated short-term USD strength broke above the strong resistant at 108.80 suggesting further up-move in the coming days."

"Expect a move towards 109.70 but the year-to-date high of 110.07 is likely out of reach for now."

"Key support is at 107.90 with strong intermediate support at 108.35."

Credit Agricole : JPY should be sold on rallies - eFXnews

The eFXnews team note that Credit Agricole recommends selling JPY on rallies especially against AUD.
Read more Previous

FTSE erases gains

The UK equity markets have erased gains to trade lower at the time of writing, tracking similar moves in the other European equity indices.
Read more Next
Start livechat