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USDJPY - USD/JPY Forex Signal: Weakly Bearish Consolidation
Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 108.04, 108.21, or 108.59. Put the stop loss 1 pip above the local swing high. Adjust the ...
USD/JPY Forecast: Round-trip of Range Against Yen
The yen is a popular asset during turbulent times. Trade USD/JPY now! The market does not necessarily look overly compelling at the moment as we have been compressing for some time. I believe that we ...
FxWirePro: USD/JPY extends range trade, upside capped at 110-EMA
Trading View USD/JPY was trading largely muted on the day at 107.56 at around 05:30 GMT, with session high at 107.85 and low at 107.51. The pair trades comatose between 110 and 21 EMAs. Breakout ...
USD/JPY trades with modest losses, flirts with session lows around mid-107.00s
DMA amid sustained USD selling. The upbeat market mood undermined the safe-haven JPY and helped limit any deeper losses. Market participants now look forward to the US ISM Manufacturing PMI for a ...
USD/JPY Fundamental Weekly Forecast – Lack of Movement in Yields Holding Prices in a Range
Unless U.S. yields or JGB yields spike unexpectedly in either direction, I’m anticipating another week of rangebound trading.