Instrument: USDJPY
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 116.024 with take profit at 116.201.
Bearish Preference:
Sell position is envisaged if price trades below 115.823 with take profit at 115.646.
Fundamentals:
1:45pm EUR Main Refinancing Rate EUR Monetary Policy Statement
2:30pm EUR ECB Press Conference
USD CPI m/m
USD Core CPI m/m
USD Unemployment Claims
11:15pm AUD RBA Gov Lowe Speaks
Comment:
The dollar was up on Thursday morning in Asia, while the euro held onto most of its overnight gains. The latter had posted its steepest daily jump in nearly six years after a meeting between Ukrainian and Russian foreign ministers, and investor sentiment also improved as oil prices eased.
Analysis: SCRUM Team
