Sorry, you need to enable JavaScript to visit this website.

USD/JPY Signal - JPY BoJ Monetary Policy Meeting Minutes - 04 Nov 2020

You are here

»
Signal Details
Entry Price: 
104.55
Take Profit: 
104.00
Stop Loss: 
104.95
Direction: 
Sell
Result: 
Loss
How we trade
Average: 5 (1 vote)

USD/JPY is trading to the downside today after JPY BoJ Monetary Policy Meeting Minutes. The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Technically the pair is trading below the 50 moving average, and we anticipate further downside on the USD/JPY into the 104.00 level.

Submitted by Toni H. on Wed, 04 Nov 2020 01:03:33 GMT

Live Broker Spreads

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

Site Pages

Legal Pages

Social Corner

Trading tools