এখন থেকে আমরা Elev8

আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?

USD/JPY drops further, 120.00 on sight?

FXStreet (Edinburgh) - The greenback keeps depreciating vs. the Japanese yen today, with USD/JPY now meandering the area of session lows near 120.20.

USD/JPY weaker on USD-selling

Spot has come under renewed selling pressure following a weaker tone in USD, dragged lower by another slump of crude oil prices, softer US Treasuries yields and the increasing bias towards the risk-off trade.

Data wise, US IBD/TIPP’s Business Optimism index has surpassed estimates, while the speech by BoJ’s H.Kuroda and Japan’s Consumer Confidence are due later in the Asian trading hours.

USD/JPY levels to watch

The pair is down 0.63% at 120.23 with the next support at 118.41 (20-day sma) followed by 117.78 (23.6% Fibo of 123.67-115.96) and finally 115.96 (low Jan.19). On the other hand, a breakout of 121.70 (high Jan.29) would target 121.85 (76.4% Fibo of 123.67-115.96) en route to 123.67 (high Dec.2).

EUR/GBP between 0.7540 and a trendline

EUR/GBP continues to trade above 0.7550 on Tuesday. The euro is rising against the pound after falling during the previous three trading days.
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