USDJPY Analysis – Buyers Set up a Bullish Tendency Above 134.500 After Retracement USDJPY buyers set up a bullish tendency above the key level of 134.500. The buy traders are still in the business of positioning price orders for USDJPY value to increase. On the other hand, the sell merchants are impeding the bullish trend. […]
USDJPY Analysis – June 9 USDJPY price is still proactive in its bullish tendency despite a break over beyond the 131.260 key level. However, the stochastic indicator is drawing our attention to the overbought area, even though the price value is continually engaged in shooting the market influence higher in an upward direction. The signal […]
USDJPY Analysis – June 2 USDJPY is overbought and aims for the 131.450 key level. While trading is taking place so close to this key level, the Stochastic oscillator is already indicating that the region of overbought conditions has been reached. The buyers tried to continue their bullish inclination upward. However, selling traders want to […]
During today’s European trading period, the USD/JPY price action has showed two activities. However, this activity includes inverting the initial day’s rally, which broke; a 2-day downward movement and revisits the in-day low. Having mentioned this, the JPY appears to battle the mixed promoters as it relaxes to the 127 price level. The USD/JPY move […]
USD/JPY experienced a fickled directional change, after reaching its lowest 1-day price of 126.67 during the Asian Trading period. Since three days ago the pair has been trading within a specific range. Thus the USD/JPY is hoped to keep narrowing its range as there are no major economic event in today’s trading period. Examining the […]
USDJPY Analysis – May 26 USDJPY buying resistance is expected to extend below the 126.420 critical zone. The buying influence has been submerged due to selling pressure on the USDJPY price action. The dollar began to decline with respect to the yen following the bullish ride towards the 131.400 key level. However, the bullish pressure […]
USDJPY Analysis – May 12 USDJPY bullish outclass is being retracted as its value intends to fall back beyond the 128.640 key zone. The daily chart demonstrates a bullish consistency in pushing the price effect. However, the selling pressure has dampened this effect. The price is currently looking for a retracement in the value propensity. […]
USDJPY Analysis – April 28 USDJPY buyers strive to expand the price trend beyond the 126.960 significant level. The bullish expansion is determined to go higher in the market with the momentum increasing. The buy traders have therefore set up several order blocks as the price continues to expand upward. These domains are being assessed […]
USDJPY Analysis – April 14 USDJPY continues to maintain bullish resilience with an increase in momentum. The bullish order in the market is said to continue as price propulsion also heightens. The buyers are currently willing to purchase more for a profit at higher-order blocks. This, therefore, implies that on the 1-day chart, there will […]
