The US dollar continues to systematically decline against the Japanese yen, and it is already quite strong. However, FOMC protocols can support the US currency and the pair USD/JPY is quite capable of adjusting and reducing existing losses. On the other hand, a scenario is possible in which the...
Congratulations to those who took advantage of yesterday's idea to sell USDJPY.
Let me remind you that the idea was to work out the short initiative for the breakdown of the area of 108.4-108.2
Plan:
Adjustment:
The passage was a little more than 500 p and worked on the same...
In Asia, Japan today will not release any economic data. However, the US will release a series of economic reports such as Crude Oil Inventories, Natural Gas Storage, Total Vehicle Sales, ISM Manufacturing Prices, Construction Spending m/m, and ISM Manufacturing PMI. So there is a probability the...
USD/JPY has been trading downwards in the recent few days. I found that that JPY is heading to test the important multi-pivot support at the price of 108.35. I found the potential end of the upward correction (bear flag pattern), which is sign that selling opportunities are preferable. There is...
In Asia, Japan today will not release any economic data but the US will release some economic reports such as Final Manufacturing PMI and Unemployment Claims. So there is a probability the USD/JPY pair will move with low to medium volatility during this day. TODAY'S TECHNICAL LEVELS: Resistance.3 :...
USD/JPY
The Japanese yen sharply increased its strengthening during the final two days of December, having fixed itself under the indicator lines of balance and MACDon the daily chart. The signal line of the Marlin oscillator went down from its own two-month range. The immediate goal of 108.22...
In Asia, Japan will not release any economic data reports today. However, the US will publish such some economic data as CB Consumer Confidence, S&P/CS Composite-20 HPI y/y, HPI m/m. So there is a strong probability that the USD/JPY will move with low to medium volatility during this...
In Asia, Japan will not release any economic data today, while the US will publish some economic reports such as Pending Home Sales m/m, Chicago PMI, Prelim Wholesale Inventories m/m, and Goods Trade Balance. So there is a probability the USD/JPY pair will move with low to medium volatility during...
In Asia, Japan will release the Retail Sales y/y, Prelim Industrial Production m/m, Unemployment Rate, and Tokyo Core CPI y/y. The US will also publish some economic data such as Crude Oil Inventories and Natural Gas Storage. So there is a probability the USD/JPY pair will move with low to medium...
Christmas Eve, Christmas Day, Boxing Day, St. Stephen's Day - the foreign exchange market continues to trade amid low liquidity. Only Japan has a peculiar role as a news provider, influencing the yen accordingly. The Japanese currency also reacts more actively to the external fundamental...
