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USDJPY - EUR/USD and GBP/USD weaker, while USD/JPY recovers
After Friday’s EUR/USD slump, all eyes will be on whether the euro can hold Friday’s low at $1.096. Below this, the $1.085 low from May 2017 comes into view. On the hourly chart, rallies towards ...
USD/JPY Forex Signal
Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 106.73, 107.21 or 107.26. Place the stop loss 1 pip above the local swing high. Adjust the ...
USD/JPY Fundamental Weekly Forecast – ‘Risk-On’ Week Will Drive Dollar/Yen Higher
This week, the direction of the USD/JPY is likely to be driven by Treasury yields and trader demand for risk. If risk is on and yields rise along with U.S. equities then look for the USD/JPY to ...
USD/JPY Forecast: Range Bound Due to Holiday
The US dollar has been back and forth against the Japanese yen for some time now, and I think that will continue to be the case as we head towards Labor Day in the United States on Monday. I think at ...
USD/JPY lacks upside momentum amid trade/political pessimism
USD/JPY fails to recovery beyond 21-DMA as trade/political pessimism favor JPY. The US markets’ off and downbeat Nikkei Manufacturing PMI triggered an early-day pullback. USD/JPY seems to lose upside ...