Monthly archive October, 2017

Key Points

• The British Pound declined heavily recently and moved below 148.50 against the Japanese Yen.
• There is a major bearish trend line forming with resistance at 148.80 on the hourly chart of GBPJPY.
• Recently in Japan, the Labor Cash Read More →

Yesterday ECB President Draghi signalled that a decision about the fate of ECB monetary policy will be made in October. With Draghi mentioning last month’s meeting, market participants considered this as an admission that a substantive conversation about a shift Read More →

Key Points

• The US Dollar struggled to break the 113.20 resistance against the Japanese Yen.
• There is a new bearish trend line forming with resistance at 112.85 on the hourly chart of USDJPY.
• Recently in Japan, the Foreign investment in Read More →