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USDJPY - USD/JPY Price Forecast – US dollar rallies for Tuesday
The US dollar has rallied from the 61.8% Fibonacci retracement level at the 100 level ¥0.50 level, an area that has been important more than once. I think that the market may be a bit oversold at ...
USD/JPY Forex Signal
Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 112.83. Put the stop loss 1 pip above the local swing high. Move the stop loss to break ev...
USD/JPY in search of a firm direction, FOMC minutes awaited
• Reviving safe-haven appeal does little to assist build on overnight goodish up-move. • Resurgent USD demand/positive US bond yields helped limit any immediate downside. • Investors’ focus remains gl...
USD/JPY Full Bearish Continuation Below 111.63
The USD/JPY has formed a possible bearish continuation pattern if it closes below the W L3 support at 111.63. However, a correction is still possible. A bounce from the W L3 is not a surprise as ...
USDJPY Outlook: Bullish Outside Day Signals Recovery But Strong Barriers Ahead Are Key
The dollar holds firm tone on Wednesday and extends strong recovery of the previous day. Strong Wall St earnings and industrial production boosted dollar, pressuring yen on reduced safe-haven demand. ...