Monday, 5 December 2022

USDJPY Attempts to Pull Out of Bear Wave as Retail FX Traders Flip Net Long

The Dollar has enjoyed a broad bounce to start the week and USDJPY is one key pair that is seeing the turn work around major technical levels. There is technical precedence from earlier this year that suggests such a large jump can revive bulls – but is the prevailing trend still bullish?

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

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