In this week’s trading video, Michael Hewson discusses the direction of the major Japanese markets amid Syrian tensions, central bank rate decisions and the US Non-Farm Payrolls report:
- USD/JPY – Just broken above Ichimoku cloud resistance at ¥99.10 but caution is needed as other Japanese markets have not broken higher
- Nikkei 225 – Has not broken above trendline resistance from May highs
- AUD/JPY – Unable to break above August highs just below Ichimoku cloud
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Video content by Michael Hewson of CMC Markets
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