EUR/JPY – Potential Continuation to the Upside

Today, we will be going over the euro versus the Japanese yen. In the previous blog on this pair, we were looking at the psychological round number of 123.000 holding as support which was achieved. Price went on to create a higher high which saw a 160 pip move to the upside, coming a fewContinue reading “EUR/JPY – Potential Continuation to the Upside”

Fundamentals for the Upcoming Week

Knowing what to expect in terms of news events for the week is crucial when trading as it gives you more insight into the market direction with the specific pairs you are trading. US and China postponed trade talks that were planned for the weekend past. They were supposed to review the progress made onContinue reading “Fundamentals for the Upcoming Week”

USD/JPY – Technical Outlook

USDJPY has recently closed above a major key level for the first time since the end of July. Below, I’ll do a top down analysis on this pair starting at the daily time frame. Looking at the chart above, we can see that we’ve recently closed above the major key level of 106.500. Looking atContinue reading “USD/JPY – Technical Outlook”

CHFJPY – Technical Outlook

Welcome to another AspireFX blog. Today we’ll do a top down analysis on CHFJPY as well as which news events will be key when considering this pair. On the daily time frame we can see that we are trading around a crucial point of resistance labelled top end resistance. Any daily candle closures above thisContinue reading “CHFJPY – Technical Outlook”

USD/JPY – Important Levels To Look Out For!

Welcome back to another blog by AspireFX. Today we’ll be looking at USDJPY and to be more specific we’ll be looking at how pivotal certain key areas between the 108.000 – 106.000 region are when analyzing this pair. There are, of course, outliers as you will see and those are mainly fundamentally driven moves butContinue reading “USD/JPY – Important Levels To Look Out For!”