Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average ... Read More
Pair’s Outlook USD/JPY seems to have once again failed at 102.72/56 (monthly PP and 100-day SMA), thereby calling into question the currency pair’s ability to recover in the long ... Read More
Pair’s Outlook The strong upward impulse seen yesterday confirmed that USD/JPY still deserves a bullish outlook. Now the pair is facing the 100-day SMA and monthly PP. Last week ... Read More
Pair’s Outlook USD/JPY failed to find support in the face of the weekly PP and 38.2% Fibo and fell last week. Nonetheless, there are strong supports nearby that may ... Read More
Pair’s Outlook As it turns out, the support at 102.20, consisting of the weekly PP and 38.2% Fibonacci retracement of the November-December advancement, should be enough to keep the ... Read More
Pair’s Outlook The currency pair is currently retreating from the resistance zone consisting of the monthly PP and 100-day SMA. The immediate support is represented by the 20 and ... Read More
Pair’s Outlook The support area around the level of 101.29/19 proved to be of great significance to the market, as it has once again prevented further depreciation of the ... Read More
Pair’s Outlook In order for USD/JPY to preserve a bullish bias, it is required to rebound from 101.27/19, the key support area that consists of the rising trend-line, 200-day ... Read More
Pair’s Outlook The monthly S1 level, which had the potential to stop the sell-off from 104, was breached. This left the key demand area at 101.36/19 exposed. However, being ... Read More
Pair’s Outlook While yesterday it appeared as if the bulls have finally taken control of USD/JPY, the current price action proves this theory to be false. Still, the main ... Read More
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