USDJPY, Daily In the Daily timeframe, USDJPY has formed a rising wedge pattern. The price bounced off the lower trend line and MA50. The Stochastic is out of oversold range and indicates a possible upside. We may consider buying USDJPY on consolidation above 156.300 with a target to 158.400; The post USDJPY: 2000 Point Move […]
Markets The UK Office for National Statistics published September labour market data this morning. They continue to struggle with mixed results coming from estimates for payrolled employees and estimates based on the labour force survey. Payrolled employees fell by 9k over the period comparable with the LFS estimates (July-September) which showed a 220k increase in […]
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