USDJPY Analysis – August 4 USDJPY bears successfully led the market to the demand zone at 131.50. The market has been in an uptrend ever since prices broke out of consolidation on the 11th of March, 2022. Before March 11th, 2022, the market had been consolidating within a range as a correction to the preceding […]
USDJPY Analysis – The Market Continues Its Correction Phase Downward USDJPY continues its correction phase downward after a long period of market rallying for months. Over an extended period, the market’s order flow has been bullish. The bearish movement in April and June ended at the 126.50 support level, and the bulls continued to drive […]
USDJPY Market Analysis – July 22 USDJPY prepares to change market trend from an upward direction. USDJPY market began to rise in mid-March. The USDJPY rallied higher, breaking through the previous resistance level of 126.00 to reach the other previous resistance level of 131.50. When the market reached the previous resistance level of 131.50, the […]
USDJPY Analysis – July 14 USDJPY shows signs of trend change from an upward direction in the market as it approaches upthrust after distribution (UTAD). On the daily timeframe, the market keeps rallying and forming higher highs and higher lows. Until March 4, 2022, the market had been in an accumulation phase, only to break […]
УСДЈПИ анализа - 7. јул УСДЈПИ показује знаке промене тренда на тржишту из узлазног смера. У дневном временском оквиру, тржиште наставља да се опоравља и формира више успоне и веће падове. До 4. марта 2022. године, тржиште се консолидовало у уском правоугаоном узорку, само да би избило у истом правцу навише […]
USDJPY Analysis – Buyers Set up a Bullish Tendency Above 134.500 After Retracement USDJPY buyers set up a bullish tendency above the key level of 134.500. The buy traders are still in the business of positioning price orders for USDJPY value to increase. On the other hand, the sell merchants are impeding the bullish trend. […]
USDJPY Analysis – June 9 USDJPY price is still proactive in its bullish tendency despite a break over beyond the 131.260 key level. However, the stochastic indicator is drawing our attention to the overbought area, even though the price value is continually engaged in shooting the market influence higher in an upward direction. The signal […]
USDJPY Analysis – June 2 USDJPY is overbought and aims for the 131.450 key level. While trading is taking place so close to this key level, the Stochastic oscillator is already indicating that the region of overbought conditions has been reached. The buyers tried to continue their bullish inclination upward. However, selling traders want to […]
During today’s European trading period, the USD/JPY price action has showed two activities. However, this activity includes inverting the initial day’s rally, which broke; a 2-day downward movement and revisits the in-day low. Having mentioned this, the JPY appears to battle the mixed promoters as it relaxes to the 127 price level. The USD/JPY move […]
