Technical Analysis

New lows in the USDJPY into the London week end fixing

US stocks givin up gains

The USDJPY has moved to new session lows into the London week end final fixing. Helping the move is lower US stocks. The S&P is back to unchanged on the day. 

Technically the price fell below the lows from yesterday and earlier today at 109.45.  The pair is testing the low from May 16 at 109.33. The May 15 low comes in at 109.14 and the May 13 low comes in at 109.01


Articles You May Like

Next week a big one for central banks – BOJ, BOE, Fed
Cara Newbie Forex Trading Mulakan Forex Untuk Profitable dan Konsisten
Sterling chops around in early morning trade
Gold falls below $1500 to two-week low
2 Most Profitable FOREX Scalping Strategies €3,500 PROFIT& Growing

Leave a Reply

Your email address will not be published. Required fields are marked *