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Trades must be entered from 8am New York time to 5pm Tokyo time, over the next 24-hour period only. Short entry following a bearish price action reversal on the H1 time frame immediately upon the next ...
The pair stands at the back foot at the beginning of the week, following strong upside rejection and close in red last Friday, as the greenback was hurt by weaker than expected US wage growth. Today’s ...
USDJPY (110.42): The USDJPY currency pair was seen attempting to breakout from the resistance level of 110.62 but failed to do so. This is expected to trigger some downside momentum. The support at 10...
• Persistent USD selling fails to assist the pair to gain any meaningful positive traction. • Fading safe-haven demand helped limit any sharp downside, at least for the time being. The USD/JPY pair la...
The price action in the USD/JPY today is likely to be influenced by trader reaction to the spread between U.S. Government bond yields and Japanese Government bond yields, and investor demand for risk. ...