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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 203724, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Jan 17 [/COLOR]Intra-Day News and Views & data to be released today –USD/JPY [/B] [B]Intra-Day Market Moving News and Views[/B] Update Time:[B] 17 Jan 2022[/B] [I]05:30GMT[/I] USD/JPY - 114.45.. Dlr extended rebound from Friday's 3-1/2 week low of 113.49 to 114.26 in NY n climbed steadily from 114.13 (NZ) to 114.50 as recovery in Asian stocks triggered further cross-selling yen, suggesting consolidation is in store in European morning. As dlr's recent decline from Jan's near 5-year peak at 116.34 to 113.49 signals recent uptrend has made a top, as long as 114.60/70 holds, range trading with downside bias remains. Some offers are tipped at 114.50/55 with stops touted above 114.70 while bids are noted at 114.30-20 n more below with stops below 114.00. No economic data is due out today in the U.S. as markets are closed for Martin Luther King Jr holiday. [/QUOTE]
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