Tag: technical
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Japanese Yen Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY
[ad_1] Japanese Yen Talking Points: Yen weakness has continued as one of the more obvious FX trends for Q4. As I had warned in the Yen Forecast the week of September’s FOMC rate decision, rates moving higher elsewhere could bring on more Yen-weakness, similar to what had shown in Q1 of this year. That theme…
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USD/CNH at Key Technical Level After US Dollar Drops
[ad_1] Chinese Yuan, USD/CNH, Australia Jobs Report, Chinese Inflation – Talking Points US Dollar drops, Yuan rises despite a better-than-expected US CPI print Australian jobs data, Chinese inflation and factory gate prices in focus USD/CNH pierces Symmetrical Triangle support, will prices breakdown? Thursday’s Asia-Pacific Forecast The Chinese Yuan gained versus the US Dollar overnight, with…