اب سے ہم Elev8 ہیں
ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
ٹریڈنگ خبریں
16 Apr 2015
USD/JPY bears riding supply in the greenback in early Tokyo
FXStreet (Guatemala) - USD/JPY is offered and currently trading at 118.89 with a high of 119.20 and a low of 118.89 in the Tokyo open.
USD/JPY is turning to the downside in the Tokyo open, with yet further supply in the greenback in early Asia. 119.00 tentative support has been breached in a continuation of the slide from 119.60 that met the depths of 118.78 overnight. There was little other than price action from the American shift that instigated the sell off in the dollar as markets tuned in to the over all scepticism over a sustainable recovery from the US, shrugging off the hawkish FOMC minutes last week and focussing back on the poor jobs data and most recent manufacturing results and retail sales of late.
The Beige Book was a benign event, adding a little support to the US dollar that indicated factors such as bad weather, strong dollar effect and prices of oil, mirroring much of what the recent IMF downgrading was all about of the US economy yesterday. However there were some supporting reviews for the economy such as the jobs market being moderately robust.
However from a technical point of view, there is some way to go yet if bears are going to be in full control in the driving seat and the 118 barrier is likely to be a tough support on any follow through in volumes from here, as noted by Dmytro Bondar, Technical Analyst at RBS who said, that USD/JPY correcting to the downside will be short lived based on bullish flag theory on daily chart.
USD/JPY is turning to the downside in the Tokyo open, with yet further supply in the greenback in early Asia. 119.00 tentative support has been breached in a continuation of the slide from 119.60 that met the depths of 118.78 overnight. There was little other than price action from the American shift that instigated the sell off in the dollar as markets tuned in to the over all scepticism over a sustainable recovery from the US, shrugging off the hawkish FOMC minutes last week and focussing back on the poor jobs data and most recent manufacturing results and retail sales of late.
The Beige Book was a benign event, adding a little support to the US dollar that indicated factors such as bad weather, strong dollar effect and prices of oil, mirroring much of what the recent IMF downgrading was all about of the US economy yesterday. However there were some supporting reviews for the economy such as the jobs market being moderately robust.
However from a technical point of view, there is some way to go yet if bears are going to be in full control in the driving seat and the 118 barrier is likely to be a tough support on any follow through in volumes from here, as noted by Dmytro Bondar, Technical Analyst at RBS who said, that USD/JPY correcting to the downside will be short lived based on bullish flag theory on daily chart.