USD/JPY declined further during yesterday’s trading, reaching as low as 109.36, while our short signal from 110.20 is still active and is giving us over 80 pips.
Tag - jpy - japanese yen
In our FOMC Meeting live coverage on YouTube yesterday, we sent out a short signal on USD/JPY around 25 minutes after the decision and right before the press conference.
The USD and the JPY are rising as safe havens. Oil is moving down amid the OPEC+ uncertainty. Apple stock is near the record high and may advance more. Watch the video to learn more!
Watch the analysis of oil, gold, EUR/USD, and USD/JPY
Follow the analysis of EUR/USD, USD/JPY, gold, and S&P500
While the GBP is preparing to see some news from the Bank of England and the political circles, the market is rather quiet and indecisive today - let's see the trends around.
Trading opportunities for stocks and currencies
Microsoft and Google have published strong earnings data. The main focus of traders is on the Fed meeting today.
Weaker dollar - cheaper dollar. What else may be a conclusion to be drawn from the USD's weakening?
The US dollar may find itself under additional pressure in the near term. What is the best way to trade on a weaker USD? Have a look at USD/JPY.
Gold surged as US real yields dropped for the third time in four sessions. However, XAU/USD has lost its steam and slightly dropped. So, how to trade it now? Watch the video!
Europe’s poor vaccination rollout keeps pressing down the euro. Unlike Europe, the USA is in a much better position now. Thus, EUR/USD is likely to dip further this week. Gold is likely to fall as well amid the strong USD. Watch the video to get more trade ideas for this week!