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 […]
USDJPY Price Analysis – April 7 USDJPY price will regain bullish strength shortly after bears’ exposure in the market. Over recent weeks, the bulls have been controlling the signature of price influence in the market. The buyers have been on alert to push the USDJPY market upward following a breakout in the trend channel. Since […]
USDJPY Price Analysis – March 31 USDJPY bulls rebound at the 121.200 significant level before continuing. The price started with a strong bullish wave and broke through the 121.200 significant level in the market. The sellers are now trading price tendency back to this critical level. The sell traders value the price but are not […]
USDJPY Analysis – March 24 USDJPY continues its bullish streak, with prices surging above the 118.00 key level. The bulls’ pressure is assumed to increase due to buyers’ confidence to buy more positions at pending order blocks in the market. The buying pressure in the markets is likely to continue in the market for a […]
USD/JPY is gliding near 118.70 after it claimed a new 6years high at 119.12 and it is currently focusing to reclaim the 119.12 as BoJ (Bank of Japan) has left the interest rate unhampered at -0.1 percent. The decision to keep the interest rate in changed is in-line with the anticipation of traders and investors. […]
