Tuesday, June 25, 2019
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Technical Analysis – USD/JPY neutral in the medium-term

USD/JPY bears could stay on the sidelines in the short-term. USD/JPY is struggling to recover last week’s losses which drove the pair back into the 109 area but the positive slope of the RSI and the rebound in the Stochastics provide some optimism that the bears could stay on the sidelines in the short-term trading. The trend signals, however,

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Technical Analysis – USD/JPY to consolidate losses in the short term

USD/JPY paused its sell-off around the 109 round level earlier this week as the RSI signaled that bearish pressures were exhausted. The indicator is currently moving sideways along its 30 oversold level, hinting that a consolidation phase may follow before the price potentially rebounds. Sellers could wait for the price to rise well above the 109.70-110 area and hence

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Weekly market outlook | EconAlerts

Weekly Market Outlook: 13th – 17th May 2019

With market anxiety heightened about the direction of the US-China trade talks, economic data might struggle to distract traders next week given the shortage of top-tier releases. Still, there will be several major indicators that investors should keep an eye on, including Australian employment and wage figures, Chinese industrial output

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