According to flash data for JOY futures markets from CME Group, open interest dropped by almost 4.3K contracts on Friday from Thursday’s final 238,449 contracts. In the same direction, volume shrunk by nearly 10k contracts. USD/JPY: next stop 114.50? USD/JPY just clinched fresh 2018 tops beyond 114.00 the figure. However, Friday’s up move was on the back of diminishing open interest and volume, hinting at the likelihood of some exhaustion in the rally. Reinforcing this view, spot entered into the overbought territory, which should prompt some correction in the near term. 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 Ethereum Technical Analysis: ETH/USD readying to test big line of support within rising channel FX Street 4 years According to flash data for JOY futures markets from CME Group, open interest dropped by almost 4.3K contracts on Friday from Thursday's final 238,449 contracts. In the same direction, volume shrunk by nearly 10k contracts. USD/JPY: next stop 114.50? USD/JPY just clinched fresh 2018 tops beyond 114.00 the figure. However, Friday's up move was on the back of diminishing open interest and volume, hinting at the likelihood of some exhaustion in the rally. Reinforcing this view, spot entered into the overbought territory, which should prompt some correction in the near term. 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.
