USDJPY Price Analysis – February 24 USDJPY pair is trading at daily highs past the 106.00 level while extending its upside bias further. After Fed Chair Jerome Powell on Tuesday reiterated a very dovish policy stance on the economy, the USD downside risk has more or less dissipated and the current movement is viewed as […]
Amazinga Okumelana Abalulekile: 111.000, 112.000, 113.000Amazinga Okusekela Abalulekile: 104.000, 103.000, 102.000 USD/JPY Intengo Ithrendi Yesikhathi eside: BearishIpheya le-USD/JPY belilokhu lihamba phansi. I-Yen iwile ezingeni le-104.39 kodwa ingcindezi yokuthengisa ingase iqhubeke. Amabhere asehlole izinga le-104.00 kabili. I-downtrend izoqala kabusha uma amabhere ephula lokho […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: RangingThe USD/JPY pair is currently in a sideways move. Since July, the Yen has been trading between levels 105.00 and 107.00. Presently, the pair is rising to level 107. On September 21, the Yen fell to level 104 and resumed […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY is in a sideways trend. The market is fluctuating between levels 106.00 and 108.00. The price has broken above level 106.00 and resumed an upward move. It is currently facing resistance at level 107.00. Daily Chart Indicators Reading:The 21-day […]
Key Resistance Levels: 111.00, 112.00, 113.00Key Support Levels: 104.00, 103.00, 102.00 USD/JPY Price Long-term Trend: RangingUSD/JPY was earlier in a sideways trend as prices make a downward move. The price has already broken below the lower price range. The price action is indicating bullish signals as the pair moves up. On the upside, if price […]
