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USDJPY - USD/JPY outlook: Bullish bias above 150, key US data eyed for fresh signals

05-03-2024 01:05

Although near-term action is in a sideways mode, it keeps bullish bias while holding above 150 mark, for renewed attack at 2024 high (150.88, posted on Feb 13), violation of which to signal bullish ...

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USD/JPY Forecast Today - 05/03: USD Is Still Strong (Chart)

Given how little interest the Japanese yen pays, it is not surprising that the US dollar continues to look very strong against it. Even though Monday's rising momentum was a little more muted, I ...

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USD/JPY Forecast: Tokyo Inflation Rates Raise Bets on a Bank of Japan Pivot

FOMC member Michael Barr is on the calendar to speak on Tuesday. The USD/JPY hovered above the 50-day and 200-day EMAs, affirming bullish price signals. A USD/JPY breakout from the 150.500 handle ...

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USD/JPY Forecast Today - 04/03: USD Is Still Bought (Chart)

The US dollar continued to find buyers on every downturn, and it rose early in Friday's trading session.

  • It seems to reason that ...

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    USD/JPY Forecast – US Dollar Continues to Look Strong

    The US dollar continues to look very strong against the Japanese yen, which is not a surprise considering just how little interest the yen pays.

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