USDJPY Price Analysis – December 25 USDJPY avoids a drop below the monthly price level of 112.780 and is instead positioning itself for more upside movement. There was a failed higher price climb on the 26th of November after USDJPY worked its way upward to break the resistance at 114.500. A sudden slump sent the […]
The USD/JPY resumed on an upbeat momentum in the London session on Wednesday, recording a fresh monthly high at 114.33. That said, the forex pair’s bullish momentum for the second consecutive day comes as a result of several factors working together. Firstly, the general risk tone in the market along with the Bank of Japan’s […]
USDJPY Price Analysis – December 16 USDJPY remains intent on keeping a high price level above 112.780. This can be seen as the market has fended off the latest price drop at the same price level. This is despite the volatility at which the price dropped. The falling momentum was tempered at the 112.780 support, […]
USDJPY Price Analysis – December 9 USDJPY bulls’ and bears’ tussle intensifies as the ranging zones expand. Bulls, having grown weary of being confined to the 114.420 resistance, pushed through with much struggle and forced their way to 115.450. Buyers then weakened, allowing bears to retaliate by driving the price down beyond 113.400 to 112.780. […]
USDJPY Price Analysis – December 2 USDJPY market plans to set up below the consolidation level of 112.690 zones as a result of sellers’ persistence in the market. The bears plan to set up the movement of the price in a bearish order flow in the market. Furthermore, the sellers are willing to cause a […]
USDJPY Price Analysis – November 25 USDJPY price outflow is being held back as a consequence of bears causing opposition to the market influence. The price structure of the market strives to maintain an uptrend configuration under a bullish influence. However, the sellers are causing some resistance in the market, which is causing a hold […]
USDJPY Price Analysis – November 18 USDJPY yearns for a retreat despite the market phase constituting a bullish existence. The presence of the bulls has long been the story of the day. This implies that the buyers have had a major influence on the exposure of the market. The price premised on the bullish phase […]
USDJPY Price Analysis – November 11 USDJPY engulfs in bullish consolidation and the market is expected to exercise more bullish strength. The price makes a significant appearance with the bull with strong engulfing. However, before that, the bears were causing price movement lower in the consolidation as the price was seen dropping to 112.800 significant […]
USDJPY Analysis – Price Wages for Strength by Consolidating at the 113.400 Significant Level USDJPY wages for market strength despite consolidating at the 113.400 significant level. Multiple pushes into the consolidation zone were made by both the bulls and the bears. However, none of them have been able to cause a meaningful market change. The […]
