USD/JPY Tries to Stay Below the 100-hour MA

USD/JPY Tries to Stay Below the 100-hour MA

2020-09-22 • Updated

gr.png

USDJPYM30.png

2020_09_22_16_11_17_Template.pptx_AutoRecovered_PowerPoint.png

USDCADM30.png

Ichimoku Kinko Hyo

GBP/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.

GBPJPYM30.png

Fibonacci Levels

 XAG/USD: Silver has made a full correction but still struggles to touch the 23.6% correction.

XAGUSDM30.png

US Market View

Another lockdown scares in the U.K. and more dovish remarks expected from the Federal Reserve have not done as much for gold as they have done for the dollar.

The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.

 

 US Key Point

  • Biden trade adviser says he would use tariffs if elected
  • Philly Fed September non-manufacturing index comes at +8.0 vs +1.6 prior

TRADE NOW

Similar

Latest news

USD: Powell Speaks on Cutting Interest Rates
USD: Powell Speaks on Cutting Interest Rates

Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...

WTT: Currency Pairs To Trade In April
WTT: Currency Pairs To Trade In April

Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera