USD/JPY currently appears to be witnessing a bullish Ranging period. As a result, the pair is moving to and fro within narrow limits, during the 1st part of the European trading period. Spot price stays within the striking range of the most elevated level since about 24 years ago (1998), near the 147.00 price level. […]
USDJPY Analysis – October 13 USDJPY buyers drives the market into an overbought region. As indicated by the Relative Strength Index (RSI), USDJPY is currently overbought and a retracement is probable. The ranging market was broken on the 11th of March, 2022. After that, the Japanese yen became weaker than the US dollar. Market Significant […]
USDJPY Analysis – October 6 USDJPY consolidates within a continuation pattern in the overbought region after a massive rally to the upside. The MA Cross indicator shows the intent of the bulls in the market on the 9th of March, 2022. This indication came immediately after a breakout from the rectangular pattern formed over the […]
USDJPY greining - 22. september USDJPY seljendur bíða eftir því að verðið fari á framboðssvæðið á 145.80. Nautin á markaðnum hafa stöðugt verið að keyra verð umfram alla mótstöðu frá áramótum. Eftir brot frá samstæðunni í janúar og febrúar voru markaðsaðilar áfram bjartsýnir á styrk […]
USDJPY Analysis – September 8 USDJPY buyers take partial profits from the market as the price retraces from the supply zone at 145.00. The current bullish trend began on August 2nd, 2022. The bullish trend preceded the market structure break (MSB) that led the bulls back to storm the market. USDJPY Significant Zones Demand Zones: […]
The United States Dollar reaches 20 year high, and this has become the core factory driving the USD/JPY. Despite heterogeneous United States employment data which was published last Friday, Strong anticipation of the Fed tightening monetary policy keeps supporting the performance of the USD in the FX market. Frankly, the market is already weighing the […]
USDJPY Analysis – September 1 USDJPY buyers keep driving the market upward. The breakout from the market range on the 11th of March has been the reason why the market keeps rallying upward and breaking every resistance along its way. For every downward retracement, the buyers keep storming the market and driving prices upward. USDJPY […]
Blandaðir þættir hafa áhrif á JPY og knýja á sama tíma USD/JPY áfram. Þetta er líka að gerast á meðan það var aðeins hófleg beiðni um USD. Skyndileg aukning á framleiðslu bandarískra ríkisskuldabréfa eykur muninn á milli Japans og Bandaríkjanna. Þar af leiðandi hefur þetta íþyngt japanska jeninu. Einnig risastór […]
USDJPY Analysis – August 18 USDJPY maintains its upward market trend. For a very long time, the USDJPY has been on an uptrend. 125.10 was a strong resistance level until it was broken in April of 2022. After this barrier was breached, the bulls continued to drive the market until it hit the prior resistance […]
