The USD/JPY pair remains lifeless around 104.00, neutral in the near-term, but the bearish mid-term case is firmly in place, FXStreet’s Chief Analyst Valeria Bednarik reports. Key quotes “Investors´ anxiety results from Brexit jitters and resurgent coronavirus cases, resulting in massive lockdowns in the northern hemisphere. London, Germany and the Netherlands were the latest to announce tight measures, while New York Mayor Bill de Blasio warned that the city needs to prepare for a full shutdown, as the number of hospitalizations keeps growing.” “In the wider perspective, the risk is skewed to the downside, as the USD/JPY pair continues to trade well below a long-term descendant trend line coming from March’s high, currently around 105.10.” 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 Germany’s Spahn: Hope to start COVID-19 vaccination before year-end FX Street 2 years The USD/JPY pair remains lifeless around 104.00, neutral in the near-term, but the bearish mid-term case is firmly in place, FXStreet’s Chief Analyst Valeria Bednarik reports. Key quotes “Investors´ anxiety results from Brexit jitters and resurgent coronavirus cases, resulting in massive lockdowns in the northern hemisphere. London, Germany and the Netherlands were the latest to announce tight measures, while New York Mayor Bill de Blasio warned that the city needs to prepare for a full shutdown, as the number of hospitalizations keeps growing.” “In the wider perspective, the risk is skewed to the downside, as the USD/JPY pair continues to… 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.
