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 (Córdoba) - USD/JPY continued to advance at a firm pace at the beginning of the New York session and broke above the 112.00 level, refreshing its 7-year high.
USD/JPY soared Friday after the Bank of Japan surprised markets by announcing further stimulus measures, two days after the Federal Reserve sounded more hawkish. Diverging policies have been supporting the pair over the last months, but today’s BoJ announcement gave it a strong boost.
USD/JPY has risen more than 300 pips throughout the day and reached its highest level since December 2007 at 102.14. At time of writing, the pair is trading at 102.05, recording a 6.55% gain on the day.
USD/JPY technical outlook
“Technically, the 1 and 4 hours charts shows extreme overbought reading coming from technical indicators, yet price posts higher highs without looking back, far from suggesting exhaustion or a trend change”, said Valeria Bednarik, chief analyst at FXStreet. “Trading at levels not seen since 2007, the pair is not known for its ability of making pullbacks: once a trend starts, it doesn’t look back: some steady consolidation above 112.00 should favor further advances, although extreme cautious is recommended at this point”.