FXWW News/JPY crosses

Looking for some short-term opportunities in the crosses

The economic calendar will stay light for the next few sessions so we will rely on intraday sentiment/positional swings for some volatility.

  • USD/JPY has found a resistance level at 108.30;
  • Oil prices slipped again overnight which will put pressure on pairs like CAD/JPY;
  • CAD/JPY support/resistance levels at 95.10/96.00 intraday and might be worth trading with a bearish bias if you think oil will slide further during Asia;
  • AUD/USD has been capped again by .8820/30 so AUD/JPY might also be worth some bearish consideration.

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