Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
AceTraderFx : Daily Recommendations on Major
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="AceTRaderForex, post: 175191, member: 22847"] [B]AceTraderFx Jan 07: Daily Recommendations on Major -USD/JPY [IMG]http://www.trendsetterfx.com/image/common/flag/flag_yen.gif [/IMG] DAILY MARKET OUTLOOK on Major[/B] Update Time:[B] 07 Jan 2020 [/B][I]09:30GMT[/I] USD/JPY - 108.37 Although dollar has recovered after yesterday's fall to a 2-1/2 month trough at 107.78 on cross-buying in jpy and minor consolidation would be seen, as said move signals decline from December's 6-month peak at 109.72 has resumed, downside bias remains and below 107.78 would extend to 107.46. However, loss of momentum would keep price above 107.09/10 and yield correction later. On the upside, only above 108.62 would indicate a temporary low has been made and risk stronger retracement to 108.86/90 before prospect of retreat. U.S. will later release a slew of eco. data (see our EI page for details), the majority of them are revision for Nov, however, do pay attention to ISM mfg PMI for Dec due out at 15:00GMT as this may have impact to price if actual number deviates sharply fm street forecast of 54.5 vs prev. reading of 53.9. Also, Fed Boad Gov. Brainard will be speaking at 15:00GMT in Washington but topic is not related to monetary policy. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…