The USD/JPY pair trades around 107.70, unable to attract investors after Japan announced it will lift the state of emergency in all the country, Valeria Bednarik, a Chief Analyst at FXStreet, reports. You can’t miss the last analysis by Joseph Trevisani Key quotes “Japan released the final version of the March Leading Economic Index, which came in at 84.7, better than the previously estimated 83.8. The Coincident Index for the same month was downwardly revised to 90.2.” “In the 4-hour chart, the USD/JPY pair holds just above a flat 20 SMA, which develops above the larger ones, as technical indicators hover directionless around their midlines. Being at the upper end of its latest range, chances of a downward move seem limited.” “To gain bullish traction, USD/JPY would need to accelerate above 108.08, last week’s high.” 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 USD/INR New York Price Forecast: Greenback knocking at the 76.00 resistance vs. Indian rupee FX Street 3 years The USD/JPY pair trades around 107.70, unable to attract investors after Japan announced it will lift the state of emergency in all the country, Valeria Bednarik, a Chief Analyst at FXStreet, reports. You can't miss the last analysis by Joseph Trevisani Key quotes “Japan released the final version of the March Leading Economic Index, which came in at 84.7, better than the previously estimated 83.8. The Coincident Index for the same month was downwardly revised to 90.2.” “In the 4-hour chart, the USD/JPY pair holds just above a flat 20 SMA, which develops above the larger ones, as technical indicators… 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.
