USD/JPY: U.S. CPIs Can Cause a Breakout
USD/JPY
+0.99%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
DX
+0.45%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
US10Y…
-0.48%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
US inflation data this week will guide expectations for the interest rate outlook by the Fed. It is important l to track the interest rates as they will also define the direction for the USD.
US 10-year T-notes.
Technically speaking, we see US 10-Year notes coming above the falling trendline, so there can be some more strength coming, and ideally, this can bring down USD/JPY, which is seen in a bearish triangle.
USD/JPY 4-hour technical analysis chart.
We are tracking this sideways A-B-C-D-E consolidation in wave B, so when key support at 145 is broken, the pair can see a drop to 140.35-142.
