Trial now
GBPUSD TECHS

Recent Gains Considered Corrective

EURUSD TECHS

Bearish Focus

EUROSTOXX50 TECHS

(U1) Bearish Engulfing Candle Still In Play

BTP TECHS

(U1) Trading Closer To Recent Lows

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last trades flat at Y109.81 after falling 15 pips Thursday,
as the top White House econ adviser Kudlow poured some cold water on exp. of a
U.S.-China trade deal in the nearest future, tempering broader risk appetite,
before U.S. President Trump confirmed earlier rumours that he will not be
meeting with Chinese President Xi before the March 1 tariff deadline. 
- Initial bearish target is provided by Y109.61, where the rate bottomed
Thursday, and a fall below would shift the downside focus to the 21-DMA at
Y109.38. Bulls keep an eye on the psychological Y110.00 level, briefly breached
on several occasions Thursday. A jump above would open up Thursday's high/YTD
high of Y110.09/16. 
- BoP data headlines today's Japanese economic docket, while BoJ 1-10 Year
Rinban ops will also attract interest.