USDJPY Analysis: Bullish break keeps focus on topside for now [Video]

LMAX Group Research Desk LMAX Group

The major pair is showing signs of bottoming out off the 2018 low down in the 104s, with the latest push back through 108.00 strengthening the recovery. This has opened the latest surge that is showing room for an extension up into the 110.50-111.50 area. Setbacks should now be supported ahead of 108.00 previous resistance.

In this analysis, we take a look at USDJPY each day, highlighting all of the need to knows for anyone looking to extract up to date information on major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding Yen or US Dollars, looking for an idea of where they may want to consider making that next conversion.

The USDJPY update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.

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LMAX Group Research Desk

LMAX Group

LMAX Group is a dynamic, visionary and award-winning financial technology company.

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