-
USDJPY dips after failing to jump above Ichimoku cloud
video USDJPY had been trending lower since its upward sloping channel broke to the downside in early March. Although the pair attempted a rebound, it is now on the retreat again after the congested region that includes the 50-day simple moving average (SMA) and the upper Boundary of the Ichimoku cloud rejected further advances. The momentum indicators currently suggest that near-term risks are tilted to the downside. Specifically, the RSI has flatlined below its 50-neutral mark, while the stochastic oscillator is falling after posting a bearish cross. If negative tendencies persist, the price could initially ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 5, 2023 7:34am Apr 5, 2023 7:34am
-
traderathome - Joined Mar 2008 | Status: PVSRA with Traderathome | 1595 Comments
-
- Older Stories
From cnbc.com|Apr 5, 2023The Egyptian pound has plunged almost 20% against the greenback since the start of the year — with some analysts predicting that the currency may still have room to plummet ...
From @LiveSquawk|Apr 5, 2023tweet at 5:35am: ECB Vujcic: May Need Further Hikes To Address Core Inflation
From bnnbloomberg.ca|Apr 5, 2023The Central Bank of Somalia’s top priority is to reestablish the nation’s currency, which will enable it to take full control of monetary policy, its governor said. Somalia hasn’t ...
-
- Newer Stories
From marctomarket.com|Apr 5, 2023There are three themes today. First, the sharp decline in US rates seen yesterday (-14 bp on the two-year yield) on the back disappointing economic data seemed a bit exaggerated ...
From prnewswire.com|Apr 5, 2023|17 commentsPrivate sector employment increased by 145,000 jobs in March and annual pay was up 6.9 percent year-over-year, according to the March ADP® National Employment Report™ produced by ...
From statcan.gc.ca|Apr 5, 2023Following strong increases in January, Canadian merchandise exports and imports decreased in February. Exports were down 2.4%, while imports decreased 1.3%. As a result, Canada's ...
- Story Stats
- Posted: Apr 5, 2023 6:55am
- Submitted by:Category: Technical AnalysisComments: 1 / Views: 1,291
