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USDJPY News

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Last Updated Date: 1 June 2022 @ 9:05 AM (UTC)
*Please note that all the dates are in GMT time zone

The market has climbed into a short term bull upswing and posting a close over 130.05 implies an extension to 130.83. Trade may slip into yesterday’s range and consolidate gains, but suspect support under 127.50 will bounce trade back to positive trade action. Only a close under 127.20 turns trend forces back down.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.