USDJPY Price Analysis – March 17 USDJPY price solidifies to create more bullish awareness above the 117.690 significant level in the market. After a touchdown at the 113.410 price zone, the bullish inclination is set to resume. The buyers and sellers were involved in price manipulation before the price eventually broke through the 17.690 significant […]
USDJPY Price Analysis: March 10 USDJPY Price is moving higher due to bullish strength. The market order flow broke through the 115.800 resistance level, and the price is expected to shoot higher. A bullish expectation is inevitable if the bulls buy more positions. However, we should also anticipate a retest in the market around the […]
USDJPY Price Analysis – March 3 USDJPY bearish flag pattern has formed a reversal in the ascending channel. USDJPY has established many bearish flags in previous times, signalling a market reversal. In the daily time frame, a large channel has formed. With the help of the channel, the bulls have slowly advanced. In late October […]
USDJPY Market Analysis – February 24 USDJPY bearish flag pattern is likely to cause a reversal in the ascending channel. In recent times, the USDJPY has formed multiple bearish flags, which has led to a reversal in the market. A significant channel has formed in the daily time frame. The bulls have ascended steadily with […]
The Japanese yen fell slightly against the US dollar on Friday, erasing some of the gains accrued on the day. However, the safe-haven currency thrived against the dollar from a weekly time-frame perspective amid the worsening Russia-Ukraine tensions. In the New York session on Friday, the USD climbed by 10 basis points (bps) against the […]
USD versus JPY experienced selling forces from 115.0 during the early Asian session. It looks like the pair kept falling yesterday. The pair was buffeted by downward forces yesterday, as traders gave support to JPY (Japanese yen) instead of USD (American Dollar) following the growing tension between Ukraine and Russia. The Headlines and Their Effects […]
USDJPY Price Analysis – February 17 USDJPY fails to bridge the previous high at 116.090. For a few months last year, the market created a range between the 110.590 resistance level and the 109.090 support level. The high point of the range was bridged on the 24th of September. The market then experienced six consecutive […]
Price Analysis: USDJPY Bulls Are Ready to Push Prices Above the 115.720 Key Levels USDJPY bulls are ready to push price levels higher than the 115.720 key level. The price impact momentum is ready to cause a break above the key level. The price has undergone a series of consolidations between the significant. The levels […]
Market Analysis: The Bulls’ Run On USDJPY Was Halted by the Resistance Zone A resistance zone halts the bulls’ run on the USDJPY market. The market bridged the resistance zone at 110.650 on September 24, 2021. The breakaway led to an increase in the market to 115.550. Before the zone was reached, there was a […]
