USD/JPY now looks to visit 116.65 – UOB By pabspiovano USDJPY Currencies Majors Banks
could now be poised to advance further and visit the 116.65 level in the next weeks, suggested FX Strategists at UOB Group.24-hour view: “The sudden and rapid surge in USD to 116.33 and the subsequent rapid pullback came as a surprise . Despite the rapid pullback from the high, the underlying tone still appears to be a tad firm. That said, a sustained rise above the major resistance at 116.35 is unlikely . Support is at 115.90 followed by 115.70.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY should trade at 117.50, bullish bias over the coming weeks – Credit AgricoleUSD/JPY trades with modest losses but the downside seems limited. Economists at Credit Agricole CIB Research believe the pair is still undervalued as
Read more »
USD/JPY to advance nicely as BoJ stands alone in the dovish camp – CitibankAs economists at Citibank note, the Bank of Japan (BoJ) is one of the last bastions of central bank dovishness. Subsequently, the Japanese yen is set
Read more »
EUR/USD: Still scope for a move above 1.1500 – UOBIn opinion of FX Strategists at UOB Group, EUR/USD could advance to 1.1520 once it clears 1.1485. Key Quotes 24-hour view: “We expected EUR to ‘trade
Read more »
NZD/USD: Extra gains now target 0.6720 – UOBNZD/USD faces a potential move to the 0.6720 in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “We expected NZD to st
Read more »
USD/CNH: No change to the 6.3400-6.3805 range - UOBUSD/CNH is still forecast to keep the 6.3400-6.3805 range in the short-term horizon, commented FX Strategists at UOB Group. Key Quotes 24-hour view: “
Read more »
DOGE/USD: Suspicious Range Causes Angst, Consolidation GrowsDOGE/USD has suddenly turned consolidated and displayed rather durable resistance the past day as traders are likely looking at technical charts suspiciously.
Read more »