CME Group’s advanced figures for JPY futures markets noted investors scaled back their open interest positions by just 88 contracts on Wednesday, reversing the previous build. On the other hand, volume rose for the second straight session, now by almost 10.8K contracts. USD/JPY faces strong resistance at 109.00 The upside impetus in USD/JPY could be losing some momentum in light of declining open interest in the Japanese safe haven and despite the steady activity in volume could suggest some extra gains in the near term. That said, some consolidation is likely to turn up ahead of the critical resistance area in the 109.00 neighbourhood. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking: GBP/USD drops sharply as DUP rejects key parts of Brexit deal FX Street 4 years CME Group's advanced figures for JPY futures markets noted investors scaled back their open interest positions by just 88 contracts on Wednesday, reversing the previous build. On the other hand, volume rose for the second straight session, now by almost 10.8K contracts. USD/JPY faces strong resistance at 109.00 The upside impetus in USD/JPY could be losing some momentum in light of declining open interest in the Japanese safe haven and despite the steady activity in volume could suggest some extra gains in the near term. That said, some consolidation is likely to turn up ahead of the critical resistance area… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
