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 analīze – 22. septembris USDJPY pārdevēji gaida, kad cena sasniegs piegādes zonu pie 145.80. Buļļi tirgū kopš gada sākuma konsekventi virza cenas bez jebkādas pretestības. Pēc izrāviena no konsolidācijas janvārī un februārī tirgus dalībnieki saglabāja optimismu par […]
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 analīze – 1. septembris USDJPY pircēji turpina virzīt tirgu augšup. Izrāviens no tirgus diapazona 11. martā ir bijis iemesls, kāpēc tirgus turpina augt un sagrauj visas pretestības savā ceļā. Par katru lejupslīdi, pircēji turpina šturmēt tirgu un virzīt cenas uz augšu. USDJPY […]
Jaukti faktori ietekmē JPY un tajā pašā laikā virza USD/JPY. Turklāt tas notiek, kamēr USD pieprasījums bija tikai mērens. Pēkšņs ASV Valsts kases obligāciju ražošanas pieaugums palielina Japānas un ASV starpību. Līdz ar to tas ir apgrūtinājis Japānas jenu. Tāpat milzīgs […]
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 […]
