Japan published the key data on the growth of inflation in the country, as well as PMI indices, during the Asian session today. However, the yen ignored these releases, once again demonstrating its "attachment" only to the events of the external fundamental background. Considering the general...
USD/JPY
The dollar strengthened by 22 points against the yen on Thursday, and the embedded price channel line restrained its growth on the daily chart. Getting the price to settle above this resistance may extend the growth to the MACD line towards the 105.65 area, but the main scenario is...
USD/JPY
US stock indices are in disarray - on the one hand, they want to grow on the strengthened hopes that the White House and Congress will accept a very large package of second aid to the markets, on the other hand, investors doubt that this bill will be passed before the elections.
The...
The currency pair has printed a Head & Shoulders reversal pattern signaling that the bears will drag the rate down in the short term. USD/JPY is trading at the 105.24 level, a valid breakdown through the neckline should active the chart pattern and a sell-off.USDX's decline helps the Yen to...
USD/JPY
The USD/JPY pair gained yesterday, it even tried to overcome the resistance of the MACD line on the daily timeframe, but the technical resistance turned out to be stronger and the price rolled back from it even with the support of the growing stock market. Today we expect the yen to...
Overview :Between 105.30 and 105.71 USD/JPY reached 105.59, which was the highest price for the pair on record since yesterday. The USD/JPY pair continues moving in a bearish trend from the resistance level of 105.46. The USD/JPY pair has broken support at the level of 105.46, which acts as...
USD/JPY
The dollar strengthened against the yen by 4 points on Monday, which, with the overall fall of the US stock market by 1.63% (S&P 500), demonstrates the dollar's strong position (or, rather, the weak position of the yen, since the dollar index lost 0.30% yesterday). Today we expect...
At the auction on October 12-16, the Japanese yen was the only major currency that strengthened against the US dollar. However, this strengthening turned out to be very insignificant and amounted to 0.16%. It can be assumed that in this currency pair, the Trump administration's inability to agree...
USD/JPY
The USD/JPY pair slightly dropped as US stock indices closed mixed on Friday, but the pair remained close to the balance indicator line and had a clear intention to attack it on Monday. Japanese and Chinese economic data came out in the morning. China's GDP increased by 4.9% y/y in the...
GBP/USD
Analysis:
An incomplete bearish wave that is relevant for the short-term scale starts on September 1. It has been forming a flat correction in the last 4 weeks. There are no signals of its completion on the chart yet. Since October 14, a downward movement has started, which has a reversal...
