USD/JPY Analysis

Market news

16 January 2018

USD/JPY Analysis

USD/JPY on the last week fell + 200 pips.

The price since the beginning of this week continues to show signs of a possible continuation of a bearish movement.

If we look at 1 hour time frame chart we can see that the price is forming a upside trend which can be interesting for an entry once the price breaks that trend.

Bitcoin extends slide to trade down 18 percent on day at $11,191.59 on Bitstamp exchange , on track for biggest one-day fall in three years

ECB unlikely next week to drop pledge to keep buying bonds until inflation heads to target - Reuters sources

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