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A goodish pickup in the USD demand assisted USD/JPY to regain traction on Monday. The anti-risk flow underpinned the safe-haven JPY and kept a lid on any strong gains. The USD/JPY pair maintained its ...
USD/JPY is on the rise, following a period of downside which completed a bearish head and shoulders formation. That break below ¥105.03 support provides a clear bearish signal within a wider long-term ...
The dollar has been dropping against the Japanese yen for a while, so the fact that we are somewhat negative is not a huge surprise at the clothes. All things been equal though, pay attention to the ...
The technical indicators are confirming this view with the RSI touching the 50 level and the MACD heading north in the bearish zone. If the price continues the upside move, immediate resistance would ...
Progress toward a stimulus deal should put further pressure on the USD/JPY this week, but the focus is likely to be on the U.S. presidential election.