हम केवल एक ब्रोकर नहीं हैं। हम एक ऑल-इन-वन ट्रेडिंग इकोसिस्टम हैं—आपको विश्लेषण करने, ट्रेड करने और बढ़ने के लिए जो कुछ भी चाहिए, वह एक ही स्थान पर है। क्या आप अपने ट्रेडिंग को ऊँचा उठाने के लिए तैयार हैं?
FXStreet (Mumbai) - The USD/JPY pair ran into a fresh selling pressure at the session high of 119.78, despite Japanese PM adviser Hamada called for more easing if 2% core inflation cannot be achieved.
Supported by hourly 200-MA
The pair currently trades at its hourly 200-MA located at 119.60 after having declined from the session high of 119.789 levels. A minor uptick of 20-25 pips from 119.60 was seen after the Adviser Hamada called for implementation of more monetary easing in case the core CPI does not move to the intended level of 2% with the existing program.
Meanwhile, the upside has also been capped due to the 10-year Treasury yield, which weakened 1.1 basis points to 1.886%. Similarly, the 30-year yield has also weakened moderately to 2.561%.
USD/JPY Technical Levels
The immediate support is located at 119.60 (hourly 200-MA), under which losses could be extended to 119.10 (hourly 100-MA). On the flip side, a break above 119.91 (50-DMA), could push the pair higher to 120.50-120.70.