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Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 198129, member: 22847"] [B]AceTraderFx [COLOR="darkred"]Aug 06: [/COLOR] Intra-Day News and Views & data to be released today – USD/JPY Intra-Day Market Moving News and Views[/B] Update Time:[B] 06 Aug 2021 [/B][I]05:30GMT[/I] USD/JPY - 109.87.. The pair continues its near term winning streak and climbed to a 1-week high of 109.88 as the greenback caught a light bid at Asian open on the back of intra-day gain in U.S. bids, upside bias remains for upmove from Wednesday's 9-week trough at 108.73 to head to 110.00 handle where a break there would encourage for subsequent headway towards 110.28. Bids have been raised to 109.75-65 with stops below 109.40 while offers are tipped at 109.90/00 with stops abv 110.00. While rise from 108.73 suggests recent fall from Jul's 15-month peak at 111.65 has made a low, price is en route towards 110.53 (61.8% r) especially if tonight's blockbuster U.S. NFP number is upbeat and market is also forecasting a drop in unemployment rate. [/QUOTE]
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