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Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 197689, member: 22847"] [B]AceTraderFx [COLOR=darkred]July 23: [/COLOR] Intra-Day News and Views & data to be released today – USD/JPY Intra-Day Market Moving News and Views[/B] Update Time:[B] 23 July 2021 [/B][I]05:30GMT[/I] USD/JPY - 110.24.. Dlr inches higher in subdued Asian morning after swinging sideways in directionless Thursday's session. Japanese markets are closed today following yesterday's holiday for an extra holiday to celebrate the opening of the Olympics , suggesting further range trading is in store until European open. As this week's strong rise from 109.07 (Mon's 7-week low) in tandem with US yields to 110.38 Wed suggests recent decline has ended, consolidation with upside bias remains for said upmove to head to 110.69, then 110.81. Order board is fairly light with bids noted at 110.10/00 with stops below 109.80 while offers are tipped at 110.30/40 with stops touted above there. T.G.I.F., although U.S. eco. calendar is light, pay attention to Markit mfg n services PMIs at 13:45GMT, if actual readings beat forecast, then usd will move higher. [/QUOTE]
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