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10 Apr 2019

USD/JPY Technical Analysis: Greenback mixed reaction against Yen post-US CPI

USD/JPY daily chart

  • USD/JPY is trading below its 200-day simple moving average (SMA).


USD/JPY 4-hour chart

  • USD/JPY has found some support above 111.00 and the 100 SMA.

USD/JPY 30-minute chart

  • The bulls seem to have regained some control.
  • However, the level to beat for bulls is 111.30 followed by 111.50 level.
  • To the downside, support is seen at 111.00 and 111.80 level.

Additional key levels

 

Apr 10, 2019

Oil: Limited further upside this year - NAB

Analysts at NAB note that the oil prices have continued to rise, with Brent reaching US$70/bbl for the first time since November last year. Key Quotes
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Apr 10, 2019

GBP/USD eases from tops post-US CPI, still well bid above mid-1.3000s as focus remains on EU summit

• The British Pound remains underpinned by today’s upbeat UK macro data. • Mixed US CPI figures failed to revive the USD demand and remained supporti
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