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 […]
Аналіз USDJPY – 7 липня USDJPY демонструє ознаки зміни тенденції на ринку з висхідного напрямку. На денному таймфреймі ринок продовжує зростати та формувати вищі максимуми та вищі мінімуми. До 4 березня 2022 року ринок консолідувався за щільною прямокутною схемою, лише щоб вирватися в тому ж самому висхідному напрямку […]
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. […]
Аналіз USDJPY – 9 червня Ціна USDJPY все ще має активну тенденцію до підвищення, незважаючи на прорив за ключовий рівень 131.260. Проте стохастичний індикатор привертає нашу увагу до області перекупленості, навіть якщо значення ціни постійно залучається до підвищення впливу ринку вгору. Сигнал […]
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 […]
