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In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair is expected to meet initial resistance in the 113.30 region. “USD/JPY last week severed the 2015-2018 downtrend, and we ...
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Trades must be taken 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 t...
USDJPY (112.48): The USDJPY currency pair rallied to a six month high on Friday before giving up the gains. Price action quickly reversed back to 112.28 level. As long as this minor support holds, the ...
The USD/JPY bullish momentum is moving higher and is approaching the -27.2% Fibonacci target at 113.23. One more bullish push towards the Fib target is expected. The USD/JPY uptrend is expected to com...