USD/JPY TECHNICAL OUTLOOK : 04.10.2016
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USD/JPY. Pair after opening at 101.29 and made high of 101.67 and was trading volatile between range of 101.00-101.70 levels the pair l violated the range in the morning trading above 102 mark and near its 50DMA at 102.18 so if the pair hold the levels we can expect some more buying in the pair
Fundamental Overview
Yen is trading at 102.30, depreciating against the US dollar after stronger than expected US data was
reported yesterday. Data reported from Japan was also negative and focus would now be on the US non-farm payrolls data that are to be reported on Friday.
Economic Data & News
TIME COUNTRY DATA SURV PREVIOUS
09:15:00 JPY 10-Year JGB Auction -0.05%
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USD/JPY. Pair after opening at 101.29 and made high of 101.67 and was trading volatile between range of 101.00-101.70 levels the pair l violated the range in the morning trading above 102 mark and near its 50DMA at 102.18 so if the pair hold the levels we can expect some more buying in the pair
Fundamental Overview
Yen is trading at 102.30, depreciating against the US dollar after stronger than expected US data was
reported yesterday. Data reported from Japan was also negative and focus would now be on the US non-farm payrolls data that are to be reported on Friday.
Economic Data & News
TIME COUNTRY DATA SURV PREVIOUS
09:15:00 JPY 10-Year JGB Auction -0.05%