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USDJPY

EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern

EUR/USD TECHNICAL ANALYSIS EUR/USD regained strength on Thursday and managed to bounce off horizontal support at 1.0640/1.0600 following Wednesday’s steep sell-off. While the euro’s prospects have started to deteriorate in recent days, the bullish case should not be written off just yet, as buyers appear to be returning to the market and seem intent on …

EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern Read More »

Japanese Yen After US Debt Deal: USD/JPY, EUR/JPY, GBP/JPY

US Dollar, Euro, British Pound Vs Japanese Yen – Price Action: USD/JPY has risen above key resistance. EUR/JPY and GBP/JPY are flirting with major hurdles. What is the outlook for the key yen crosses? Recommended by Manish Jaradi Elliott Wave for Beginners The Japanese yen is maintaining a weak bias against the US dollar following …

Japanese Yen After US Debt Deal: USD/JPY, EUR/JPY, GBP/JPY Read More »

Japanese Yen Weakens as Treasury Yields Rise, USD/JPY Triangle Breakout in Focus

Japanese Yen, USD/JPY, Treasury Yields, Ascending Triangle – Briefing: Japanese Yen weakens to wrap up the first trading day of the week Rising Treasury rates keep pressuring the yield-sensitive currency USD/JPY Ascending Triangle chart pattern breakout is in focus Recommended by Daniel Dubrovsky Get Your Free JPY Forecast Japanese Yen Weakens as Treasury Yields Climb …

Japanese Yen Weakens as Treasury Yields Rise, USD/JPY Triangle Breakout in Focus Read More »

Japanese Yen Price Action Setups: EUR/JPY, USD/JPY, AUD/JPY

JAPANESE YEN PRICE, CHARTS AND ANALYSIS: The Yen appears Vulnerable to Further Selling Pressure Following Comments from BoJ Governor Ueda. No More Pivot Hopes? RSI Approaching Overbought Territory for All Three JPY Pairs and Thus a Retracement Cannot be Ruled Out. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market …

Japanese Yen Price Action Setups: EUR/JPY, USD/JPY, AUD/JPY Read More »

AUD/USD Stuck in No Man’s Land, USD/JPY Blasts Off as Bears Taken to Woodshed

AUD/USD TECHNICAL ANALYSIS AUD/USD (Australian dollar – US dollar) has been trading largely sideways since early March, moving predictably within the confines of a lateral channel, and bouncing back and forth between its upper and lower boundaries, two regions that represent technical resistance and support respectively. This horizontal corridor, with its peak a touch below …

AUD/USD Stuck in No Man’s Land, USD/JPY Blasts Off as Bears Taken to Woodshed Read More »

Japanese Yen Retreats as US Dollar Take Flight Despite Debt Debacle. Higher USD/JPY?

Japanese Yen, USD/JPY, US Dollar, PBOC, Yellen, Biden US Debt Ceiling – Talking Points The Japanese Yen dipper after rising domestic CPI and PPI figures China’s PBOC added liquidity, but equity markets did little in response The US debt ceiling is creating anxiety in markets. Will it drive USD north? Recommended by Daniel McCarthy How …

Japanese Yen Retreats as US Dollar Take Flight Despite Debt Debacle. Higher USD/JPY? Read More »

Japanese Yen Gains, USD/JPY Falls After US CPI. Focus Shifts to BoE Next

Japanese Yen, USD/JPY, US CPI, BoE – Briefing: Japanese Yen gains as markets punish Treasury yields US headline CPI surprised lower, but core remains sticky USD/JPY turns to BoE rate decision, Ascending Triangle Recommended by Daniel Dubrovsky Get Your Free JPY Forecast Japanese Yen Gains in the Aftermath of US CPI Data The Japanese Yen …

Japanese Yen Gains, USD/JPY Falls After US CPI. Focus Shifts to BoE Next Read More »

Nasdaq 100 on Verge of Bullish Breakout, USD/JPY Crushed by Slowing US Inflation

NASDAQ 100 & USD/JPY FORECAST: Nasdaq 100 gains and threatens to break above major technical resistance after U.S. inflation data comes on the soft side USD/JPY takes a turn to the downside amid lower U.S. Treasury yields following an encouraging U.S. CPI report This article looks at key price levels to watch on the Nasdaq …

Nasdaq 100 on Verge of Bullish Breakout, USD/JPY Crushed by Slowing US Inflation Read More »

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