Pair’s Outlook Stabilisation of USD/JPY near 102.72/66, as was expected yesterday, did not turn out to be the case. Instead, the exchange rate fell more than 100 pips and ... Read More
Pair’s Outlook It seems that the 100-day SMA will be insufficient to stop the U.S. Dollar from falling lower. However, there is a formidable support level at 102.72/70 (consisting ... Read More
Pair’s Outlook Despite a fairly strong report on Friday the bulls did not manage to push USD/JPY through 104. The pair has already dipped through the support at 103.41/34 ... Read More
Pair’s Outlook The bullish momentum we have been observing this week disappeared as the pair approached a key resistance represented by 104. But there are also fundamental reasons that ... Read More
Pair’s Outlook As USD/JPY approached 104, the rate of the U.S. Dollar’s appreciation slowed down. However, the currency pair still retains the potential to surpass the 2013 highs, even ... Read More
Pair’s Outlook The U.S. Dollar disregards the daily and weekly technical indicators and strengthens relative to the Japanese Yen. As the supply at 103.34 is now out of the ... Read More
Pair’s Outlook Despite the resilience the 55-day SMA has recently demonstrated, in the end USD/JPY has managed to spike through the line and reach 103.03/102.76, which consists of the ... Read More
Pair’s Outlook The story continues, as neither the bulls that see USD/JPY rising from 102 nor the bears that are defending the 55-day SMA seem to be willing to ... Read More
USD/JPY is now in downtrend from 102.68. Deeper decline to test 101.20 support would likely be seen, a breakdown below this level will confirm that the longer term downtrend ... Read More
Pair’s Outlook USD/JPY remains unable to penetrate supply zone created by the 20 and 55-day SMAs. Yesterday the moving averages even pushed the rate below the support at 102.07/00, ... Read More
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