USDJPY Analysis: No Rallies Just Yet [Video]

LMAX Group Research Desk LMAX Group

The major pair has done a fabulous job playing a range that dates back to early 2017, with rallies well capped up in the 114.00 area and dips well supported down towards 108.00. After stalling out in November at the range high, the market has continued with this play, which means any rallies, should be sold for another drop back into the 107-108 range base.

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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