Flash data for JPY futures markets from CME Group noted investors added around 1.9K contracts to their open interest positions on Wednesday from Tuesday’s final 185,725 contracts. Volume, instead, shrunk for the second session in a row, this time by almost 5.9K contracts. USD/JPY faces tough resistance at 111.20, 200-day SMA The persistent depreciation of the Japanese safe haven have lifted USD/JPY to new 2019 highs amidst rising open interest and shrinking volume. That said, while further upside is not ruled out in the near term, bulls are facing a strong resistance at the key 200-day SMA in the 111.20 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 Bitcoin, Ethereum, Litecoin overview: Market back in red, Bitcoin struggles under $3,600 FX Street 4 years Flash data for JPY futures markets from CME Group noted investors added around 1.9K contracts to their open interest positions on Wednesday from Tuesday's final 185,725 contracts. Volume, instead, shrunk for the second session in a row, this time by almost 5.9K contracts. USD/JPY faces tough resistance at 111.20, 200-day SMA The persistent depreciation of the Japanese safe haven have lifted USD/JPY to new 2019 highs amidst rising open interest and shrinking volume. That said, while further upside is not ruled out in the near term, bulls are facing a strong resistance at the key 200-day SMA in the 111.20… 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.
