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USDJPY - FxWirePro: Buy USDJPY on dips
USDJPY is on the higher side for 3rd consecutive days and jumped more than 80 pips from low of 108.24. It hits an intraday high of 109.07 and is currently trading around 109.05. The easing of US-China ...
USD/JPY Forex Signal
⦁ Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 109.13 or 109.48. ⦁ Put the stop loss 1 pip above the local swing high. ⦁ Move the stop ...
USD/JPY Forex Technical Analysis – Likely to Strengthen Over 108.866, Weaken Under 108.690
Given the lack of concrete detail, however, investors still remain mostly cautious. At 05:10 GMT, the USD/JPY is trading 108.815, up 0.030 or +0.03%. The main trend is up according to the daily swing ...
USD/JPY Forecast: extra gains expected above the 200-day SMA
USD/JPY is flirting with the 200-day SMA near 109.00. Markets’ attention remains on the trade front. Risk-on sentiment continues to favour JPY-selling. Increasing hopes of some progress in the ...
USD/JPY: How Strong is the Short-term Resistance Zone?
For the time being, those issues are being ignored and a general risk-on mood prevails. The USD/JPY reversed the breakdown below its long-term resistance zone after reaching its ascending 61.8 ...