79% of retail accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Regulator asic CySEC fca

Market Analysis: ​USDJPY: first Friday of the month - a shift in the focus towards the US NFPs

December 07, 2018 08:54

Market Analysis - USD/JPY trading

The US-Dollar currently finds itself in a very difficult spot with 10-US-T-Note yields dropping below 3% after the dovish comments from FED chairman Powell last week on Wednesday. In combination with the reignition of trade war fears after the arrest of the Huawei CFO, with the news becoming official on Thursday morning (1 December, 2018), (interestingly enough around the time Trump and Xi agreed on their truce in Buenos Aires) and with the JPY catching a bid in growing 'risk off' market environment, the USD/JPY currency pair seems to have a chance for a push back below 112.00 into the weekly close.

Forex Calendar - Economic Announcements

Source: Economic Events 05 December 2018 - Admiral Markets' Forex Calendar

This is especially true if Non-Farm-Payrolls come in lower than expected (< 180,000), confirming the mixed data set from the employment side after yesterday's ADP employment numbers. With such a reading, the already initiated push below 112.50 to new December lows could take on further momentum, and could confirm the structure of falling highs and lows on a 4-hour-chart, and then level the path lower into the region of the October lows around 111.50:

USDJPY 4 Hour Chart - MetaTrader 5

Source: Admiral Markets MT5 with MT5SE Add-on USDJPY 4-Hour chart (between 08 October 2018 to 06 December 2018). Accessed: 06 December 2018 at 11:00 PM GMT - Please Note: Forecasts such as this are not a reliable indicator of future results, or future performance.

Trade Forex

Disclaimer: The given data provides additional information regarding all analysis, estimates, prognosis, forecasts or other similar assessments or information (hereinafter "Analysis") published on the website of Admiral Markets. Before making any investment decisions please pay close attention to the following:

  1. The analysis is published for informative purposes only and are in no way to be construed as investment advice or recommendation.
  2. Any investment decision is made by each client alone whereas Admiral Markets shall not be responsible for any loss or damage arising from any such decision, whether or not based on the Analysis.
  3. Each of the Analysis is prepared by an independent analyst (hereinafter "Author") based on the Author's personal estimations.
  4. To ensure that the interests of the clients would be protected and objectivity of the Analysis would not be damaged Admiral Markets has established relevant internal procedures for prevention and management of conflicts of interest.
  5. Whilst every reasonable effort is taken to ensure that all sources of the Analysis are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admiral Markets does not guarantee the accuracy or completeness of any information contained within the Analysis. The presented figures refer that refer to any past performance is not a reliable indicator of future results.
  6. The contents of the Analysis should not be construed as an express or implied promise, guarantee or implication by Admiral Markets that the client shall profit from the strategies therein or that losses in connection therewith may or shall be limited.
  7. Any kind of previous or modeled performance of financial instruments indicated within the Publication should not be construed as an express or implied promise, guarantee or implication by Admiral Markets for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.
  8. The projections included in the Analysis may be subject to additional fees, taxes or other charges, depending on the subject of the Publication. The price list applicable to the services provided by Admiral Markets is publicly available from the website of Admiral Markets.
Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, you should make sure that you understand all the risks.

Admiral Markets Group consists of the following firms:
Admiral Markets Pty Ltd
Regulated by the Australian Securities and Investments Commission (ASIC)
Admiral Markets Cyprus Ltd
Regulated by the Cyprus Securities and Exchange Commission (CySEC)
Admiral Markets UK Ltd
Regulated by the Financial Conduct Authority (FCA)
Note: If you close this window without choosing a firm, you agree to proceed under the FCA (UK) regulation.
Note: If you close this window without choosing a firm, you agree to proceed under the FCA (UK) regulation.