20th in May, Tonight’s option
-EUR / USD: 1.0930 629 million -GBP / USD: 1.2150 332 million1.2250 216 million -USD / JPY: 106.89 507 million107.00 416 million107.70 595 million108.00 934 million108.70 500 million -USD / CAD: 1.3750 710 million -NZD / USD: 0.6060 267 million The following are likely to be involved in price movements tonight. -USD / JPY: 108.00 […]
consider buying USDJPY.
position only. The University of Michigan Consumer Attitude Index is a good figure with a result of 73.7 against the expected 68.0.From here, the USD buying is again dominant. AUDUSD is almost settled and the price is settled at 0.6435. Newly consider buying USDJPY.
Buy USD/JPY: Bulls targeting Friday’s high of 108.50 amid USD surge, risk-on
Relentless USD buying amid funding stress boosts USD/JPY further. Risk-on amid global stimulus measures adds to the JPY’s losses. Focus on US stimulus packages, coronavirus updates and Fed operation. The buying interest around the US dollar remains unabated so far this Tuesday American session, keeping USD/JPY near-daily highs of 107.54.
Government-controlled market
China stock and USDJPY rapid rising looks like government-controlled market for New coronavirus damage. But 112.00 112.50 could be strong resistance.
USDJPY Big Sell orders
USDJPY Big Sell orders at 110.20. Looks like difficult to break the resistance.