News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • BoE's Mann - Price growth for natural gas is pretty extreme, but need to look if it will continue $GBP
  • 🇺🇸 House Price Index MoM (JUL) Actual: 1.4% Previous: 1.7% https://www.dailyfx.com/economic-calendar#2021-09-28
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here: https://t.co/vg7w10la3j https://t.co/33WwUNpHJg
  • Heads Up:🇺🇸 House Price Index MoM (JUL) due at 13:00 GMT (15min) Previous: 1.6% https://www.dailyfx.com/economic-calendar#2021-09-28
  • 🇨🇦 Average Weekly Earnings YoY (JUL) Actual: 1.77% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2021-09-28
  • 🇺🇸 Goods Trade Balance Adv (AUG) Actual: $-87.6B Previous: $-86.38B https://www.dailyfx.com/economic-calendar#2021-09-28
  • - At this point, it would take a very large shock to throw off start of bond taper $USD
  • Fed's Bullard - Fed being a little more aggressive would best ensure expansion - Sees two rate increases in 2022, calls for balance sheet to decline as soon as bond purchases end - Fed policy normalisation can move faster than 2007-2009 crisis, given speed of recovery
  • Heads Up:🇺🇸 Goods Trade Balance Adv (AUG) due at 12:30 GMT (15min) Previous: $-86.38B https://www.dailyfx.com/economic-calendar#2021-09-28
  • Heads Up:💶 ECB De Guindos Speech due at 12:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-09-28
USD/JPY Hits Short Term Trendline Resistance

USD/JPY Hits Short Term Trendline Resistance

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly

USD/JPY Hits Short Term Trendline Resistance

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-“Range expansion objectives from the December and March ranges are 125.72 and 128.12. Be aware of a long term slope level, especially in light of today’s (6/2) outside reversal. Tops formed at this line in March and July 2013. Bigger tops formed following ‘blow-offs’ through the line.”

-The gap through a minor support line warns of a larger decline in its early stages. Be aware of 121.40s and 120.50/80 as supports.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES