Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 27 - 08:36 PM
USD/JPY - Range Continues To Dominate - News Needed To Break
First appeared on eFXplus on Oct 27 - 06:20 PM
  • Touch firmer after briefly trading at 108.79, as consolidation extends

  • Services PPI leads a data, last +0.6%, but unlikely to impact

  • At the end of a second week of tight 108.25/108.94 range trading

  • Little in the weekend news to suggest a range breakout today

  • Neutral momentum studies, 5, 10 & 21 DMAs rise - modest positive setup

  • Strategy of trading the range or breaks with tight stops, provides value























jpy oct 28 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!