USD/JPY Technical Analysis Outlook NON-FARM PAYROLLS AND UNEMPLOYMENT DATA (USA) ,this event is a very Significant indicator on the usd/jpy, the results showed 151k growth in August, below the expectation of 188k. Prior month’s figure was revised up from 255k to 275k but couldn’t make up the shortfall. Unemployment rate was unchanged at 4.9% versus expectation of a fall to 4.8%The…
Is USD/JPY price expected to make a comeback The increase of last week on usdjpy rate , needs to prove itself on several levels.First last week usdjpy stays below 102.60 a Significant resistance.Second there is also another Additional resistance zone is in 104.10 price.Move above 106.20 will Pave the way to 113-115 area. NON-FARM PAYROLLS AND UNEMPLOYMENT DATA (USA), Friday, September 02 at 12:30 GMT will establish…
Global markets turn to be positive in stocks markets – will usdjpy respond accordingly? there was reported that the government will inject JPY 6T in direct spending with the stimulus package. That was double of the original expectation. However, the spreading will be spread over a few years. That suggested that a much lower initial impact to the economy. Indirectly,…