USD/JPY forms double tops near 115.00USD/JPY refreshes intraday low to 114.73 even as traders in Tokyo cheer Labor Thanksgiving Day’s holiday on Tuesday.
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Not much standing in the way of USD/JPY hitting 115.00 and beyondToday's dip in equities has been bought once again and it's tough to see that paradigm coming to an end in the final weeks of the year.
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USD/JPY Could Head LowerUSD/JPY is in a bearish momentum and is potentially forming a head and shoulders pattern. We see a dip from our pivot at 114.303 in line with 50%
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Japanese Yen Technical Analysis: USD/JPYUSD/JPY made a new high when it took out the peak of November 2017. It has since consolidated and traded within the 112.727 – 114.971
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Japanese yen is falling a bitThe latest comments from the Japanese government are really worth paying attention to the country’s authorities approved a new stimulus package