USDJPY building up its defence ahead of 110.00/40

USDJPY building up its defence ahead of 110.00/40

The wall to break on US labour report, small short IF the report is good that is. As per previous months, the emphasis will lie with the earnings and participation levels rather than the actual NFP number. Already today we have seen a double top forming at 109.75/77...
USDJPY building up its defence ahead of 110.00/40

USDJPY chewing through the 113.30 offers in USDJPY

113.39 trades as I type The offers look done in USDJPY at 113.30 and stops ran us up to 113.39. That might open the gates for a more sustained push now, if we can hold 30’s. These moves aren’t overly convincing, we’re talking 40/50 pips around the...

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