Thursday, 24 January 2019

USD/JPY Forecast: RSI Clings to Bearish Trend, US Yields Remains Subdued

USD/JPY stands at risk of exhibiting a bearish behavior ahead of the FOMC meeting as long the Relative Strength Index (RSI) preserves the downward trend from late-2018.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...