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GBPJPY


Analysis

Technical Analysis – GBPJPY continues higher after UK CPI

GBPJPY gains ground after upbeat UK CPI dataTechnical signals endorse bullish effortsBuyers need confirmation above 197.35 GBPJPY advanced to an intra-day high of 197.77 after hotter-than-expected UK CPI inflation data gave traders confidence that the Bank of England might hold interest rates steady in December.Earlier, the pair had built a solid base around 194.70, supported by its 50- and 200-day simple moving averages.
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Volatility returns to normal levels after US election calmness – Volatility Watch

Euro/dollar volatility edged higherVolatility remains low in the commodities spaceStock indices experience average volatility despite selloffEuro/dollar volatility has edged higher, as the dollar continued to gain from Trump’s recent win, pushing the euro/dollar pair to a one-year low. Interestingly, last week's change in Fed Chair Powell’s stance regarding the timing of the next rate cuts did not materially benefit the dollar.
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Markets return to a low-volatility environment after the US election – Volatility Watch

Euro/dollar volatility has eased aggressivelyVolatility has dropped to monthly low in both gold and silverStock indices experience a significant decline in volatilityEuro/dollar volatility has eased significantly, as market participants have reacted favourably to both the outcome of the US presidential election and the absence of the post-election shenanigans seen in 2020. The dollar has strengthened over the past week with the euro suffering the most.
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Technical Analysis – GBPJPY fails to challenge 200.00 key level

GBPJPY retreats somewhat, but broader picture remains positiveMomentum oscillators suggest declinesGBPJPY retreats after several attempts to touch the 200.00 round number, but the short-term bias remains positive.From a technical perspective, there is a growing risk of a negative correction. The stochastic oscillator is pointing south, ready to post a bearish crossover, while the RSI is ticking down near the neutral threshold of 50.If GBPUSD extends its rally above the 199.70 resistance, the 200
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Volatility remains high as US voters elect a new president – Volatility Watch

Euro/dollar volatility climbs to a new monthly highVolatility remains very elevated in both gold and silverStock indices experience a jump in volatilityEuro/dollar volatility has climbed to a new 30-day high, as market participants are preparing for the US presidential election and Thursday’s Fed meeting. This heightened volatility is being observed across the FX space, including in the yen pairs.
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Volatility jumps as markets prepare for action-packed period – Volatility Watch

Euro/dollar volatility climbs to a new monthly highVolatility remains very elevated in both gold and silverStock indices continue to experience average volatility Euro/dollar volatility continues to increase, achieving a new 30-day high, as the markets are preparing for Friday’s jobs report, and next week’s US presidential election and the Fed meeting.
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Technical Analysis – GBPJPY at 3-Month High

GBPJPY marks new higher high; remains restrictedResistance near 198.50; support seen around 196.00GBPJPY charted a three-month high of 198.42 at the top of a bullish channel, increasing speculation that a new bearish wave could soon start, especially after the close below the 61.8% Fibonacci retracement at 197.35.Technical indicators are showing mixed signals: the stochastic oscillator is poised for a decline, while the RSI and MACD remain in bullish territory.
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Volatility remains elevated in FX space and commodities – Volatility Watch

Euro/dollar volatility reaches new 30-day highVolatility in both gold and silver jumpsStock indices continue to experience average volatilityEuro/dollar volatility has climbed to the highest level of the past month, as the ECB delivered its much-expected rate cut and the discussion about the November Fed meeting is underway. But more importantly, the market is preparing for the November 5 US presidential election.
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Volatility eases slightly as the risk on sentiment lingers – Volatility Watch

Euro/dollar volatility is very close to the last 30 days’ highVolatility in commodities remains elevatedStock indices experience above average volatility Euro/dollar volatility remains very high, close to the highest level of the past month, as the US dollar continues to rally following a series of strong US data and some hawkish Fedspeak. Interestingly, the volatility of yen crosses has crashed across the board, with the yen surrendering another good part of its recent sizeable gains on th
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Volatility skyrockets across the board after an eventful week – Volatility Watch

Euro/dollar volatility surges to the highest level of the monthVolatility in commodities reaches new monthly highStock indices experience very high volatilityEuro/dollar volatility has reached the highest level of the past 30 days, as the FX market was rocked by the strong US labour market report, denting the possibility of another 50bps Fed rate cut in November.
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Volatility jumps as market prepares for an action-packed week – Volatility Watch

Euro/dollar volatility surges as dollar remains on the back footVolatility in commodities reaches new monthly high, led by oilStock indices experience strong volatility amidst a tentative rallyEuro/dollar volatility has jumped over the past week, as the FX market is whipsawed by the possibility of another strong Fed rate cut. Similarly, volatility of most yen crosses has risen aggressively, with the yen surrendering part of its recent sizeable gains on the back of weaker data and a general el
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Weekly Technical Outlook – USDJPY, EURUSD, AUDUSD

First NFP report after Fed’s rate cut; USDJPY dives sharplyEurozone flash CPI in the spotlight with EURUSD standing below 1.1200BoJ Summary of Opinions on Tuesday; GBPJPY slightly recoup lossesNFP report --> USDJPYThis week’s Nonfarm Payroll (NFP) data is crucial for gauging the US labor market’s health. Analysts expect the report, due on Friday, to show a moderate increase in job creation, reflecting ongoing economic stabilization.
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Technical Analysis – GBPJPY has an unstoppable rally to 2-month high

GBPJPY surpasses 50- and 200-day SMAsStochastic and RSI tick up in overbought regionsGBPJPY has created an aggressive bullish rally to a fresh two-month high of  195.95 over the last ten days following the strong rebound off the 183.70 support level. The market successfully surpassed the 200-day simple moving average (SMA) and the 195.00 round nu
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Volatility drops across the board after the Fed meeting – Volatility Watch

Euro/dollar volatility remains low as dollar underperforms Volatility in commodities stays elevated, led by gold Stock indices experience decent volatility despite the rally Euro/dollar volatility has eased a bit over the past week, as the market digested the strong Fed rate cut. Similarly, volatility of most yen crosses has dropped aggressively lower, as the yen surrendered part of its recent sizeable gains, despite the fact that the BoJ maintained the chances of another rate
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Technical Analysis – GBPJPY surges above 188.00 key barrier

GBPJPY jumps above 188.00, confirming a higher low A break above 193.50 could brighten the picture A move below 183.70 may turn the outlook back to bearish GBPJPY traded higher on Thursday, clearing the key resistance (now turned into support) barrier of 188.00. The move confirmed the higher high at 183.70, which cancels the bearish picture.
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Midweek Technical Look - Gold, US 500, GBPJPY

Gold touches 2,600 after Fed decision US 500 records another all-time high; strong bullish bias today GBPJPY posts several days of gains; bearish cross within SMAs
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Volatility eases a bit ahead of the key Fed meeting – Volatility Watch

Euro/dollar volatility remains low as dollar weakness lingers Volatility in commodities stays elevated led by silver Stock indices and bitcoin experience lower volatility Euro/dollar volatility remains low as the market is preparing for the key Fed meeting on Wednesday that could deliver a previously unexpected 50bps rate cut. Amidst these conditions, yen pairs are experiencing the highest volatility of the past month as the yen continues to outperform its main counterparties on
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Technical Analysis – GBPJPY makes a backflip, but patience needed

GBPJPY resumes negative momentum, but hopes for a pivot remain Sellers need a close below 185.65 to take full control   GBPJPY came under renewed downside pressure after closing Thursday’s session with mild gains around 186.00. The pair shifted from a recent low of 183.70 earlier this week, forming a hammer candlestick and giving hope for a potential upward reversal.
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Equities volatility jumps as sentiment turns negative – Volatility Watch

Euro/dollar volatility remains low as market digests US data prints Volatility in commodities remains low apart from oil Stock indices and bitcoin experience much higher volatility Volatility in the main FX pairs, including euro/dollar, has eased in the past few days as the market is digesting last week’s US labour market data and preparing for Wednesday’s CPI report, which could play a role in determining the size of the imminent Fed rate cut.
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Technical Analysis – GBPJPY continues selling interest below 190.00

GBPJPY stands beneath 200-day SMA Momentum oscillators look neutral-to-bearish GBPJPY has been in a considerably descending movement, losing around 3% after it topped at 193.50. The market is currently testing the 188.00 round number with the technical oscillator confirming strong bearish tendency in the short-to-medium-term view. The stochastic plunged into the oversold territory with strong momentum, while the RSI is sloping down below the neutral threshold of 50. Steeper declines c
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