Trial now
EURJPY TECHS

Corrective Cycle

USDJPY TECHS

Consolidating But Remains Bullish

EURGBP TECHS

Recovering, But Not Through Resistance

GBPUSD TECHS

Consolidation Mode

111 a Step Too Far USDJPY..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 111 a Step Too Far
USDJPY touched highs of 110.91 but again failed to trouble the 111.00 level
which has proved hard to overcome in recent sessions. A very quiet week has seen
the pair contained to a narrow 50 pip range with US-China trade headlines
expected to drive as we approach the Mar 1 deadline. A topside break opens the
Feb 14 high & 200-dma at 111.13/31, ahead of a run at the 111.35/45 area which
registered a series of previous highs through December. A downside break of the
Feb 15 low & 50-dma at 110.26/109.91 would shift the outlook bearish and bring
the 109.50/55 level back into view which holds the Feb 6 low & 61.8% fibo
support.