
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
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The NFP numbers were better than expected: 20.5mln jobs were cut against the 22mln estimate, with a 14.5% unemployment rate beating the forecast of 16%. As scary as they are, these figures are the best possible scenario, and the USD/JPY took that as such.
From the support at 106.33, the currency pair rose straight to 106.64, breaking the resistance of the 100-MA and 200-MA. The latter will likely serve now as a support level at 106.60 checking how firm the USD/JPY established itself at a higher base. If the market receives further positive news, it will likely push the USD/JPY back down in favor of riskier inclinations of investors.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo NZD/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo CHF/JPY: The pair is trading above the cloud…
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Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo NZD/JPY: The pair is trading below the cloud…
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