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 Analysis - September 22 USDJPY ogulitsa akudikirira mtengo kuti ugunde malo ogulitsa pa 145.80. Ng'ombe pamsika zakhala zikuyendetsa mitengo mosalekeza kupitilira kukana konse kuyambira kuchiyambi kwa chaka. Pambuyo pakuphatikizana mpaka Januware ndi February, omwe adatenga nawo gawo pamsika adakhalabe ndi chiyembekezo champhamvu ya […]
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 […]
Kusanthula kwa USDJPY - Seputembara 1 USDJPY ogula amapitilizabe kukweza msika. Kutuluka kwa msika pa 11 Marichi kwakhala chifukwa chomwe msika ukupitirizira kukwera ndikuphwanya kukana kulikonse panjira. Pazobweza zilizonse zotsika, ogula amapitilirabe msika ndikuyendetsa mitengo yokwera. USDJPY […]
Mixed Factors are affecting the JPY, and at the same time propelling the USD/JPY. Also, this is happening while there was only a moderate request for the USD. The sudden increase in the United States Treasury bond production increases the Japan – United States differential. Consequently, this has burdened the Japanese Yen. Also, a huge […]
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 […]
