CME Group’s advanced figures for JPY futures markets noted investors added around 1.3K contracts to their open interest positions on Thursday, resuming the uptrend following Wednesday’s pullback. In the same line, volume rose for yet another session, this time by just 616 contracts. USD/JPY still eyes a test of 108.30, the 200-day SMA USD/JPY’s upside met resistance just above 108.00 the figure in the past couple of weeks. Increasing open interest and volume amidst yen weakness opens the door for the continuation of the move up, with the initial target at the 200-day SMA in the 108.30 region. 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 GBP/USD clings to the 1.2300/1.2610 range – UOB FX Street 2 years CME Group’s advanced figures for JPY futures markets noted investors added around 1.3K contracts to their open interest positions on Thursday, resuming the uptrend following Wednesday’s pullback. In the same line, volume rose for yet another session, this time by just 616 contracts. USD/JPY still eyes a test of 108.30, the 200-day SMA USD/JPY’s upside met resistance just above 108.00 the figure in the past couple of weeks. Increasing open interest and volume amidst yen weakness opens the door for the continuation of the move up, with the initial target at the 200-day SMA in the 108.30 region. Top 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.
