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USDJPY - USD/JPY: Breakdown continues
The AUD was relatively flat overnight, trading within a 20-25 pip range and will close around the 0.6990 mark. The longer the AUD pins itself below the key 0.7000 level the more likely it will …
USD/JPY Tests Resistance Level
On Thursday, the USD/JPY exchange rate traded sideways near the support level—the Fibonacci 50.00% retracement at 109.58. During Friday’s morning, the rate was testing the resistance level formed by a ...
Elliott Wave View: Downside Pressure in USD/JPY [Video]
Short Term Elliott Wave is calling for an impulsive move in USDJPY from April 25, 2019 peak. Down from 112.4, wave ((i)) ended at 111.36 and wave ((ii)) ended at 112.03. Wave ((iii)) ended at 109 ...
USD/JPY Watch 110.30
Our preference Long positions above 109.70 with targets at 110.10 & 110.30 in extension. Alternative scenario Below 109.70 look for further downside with 109.50 & 109.35 as targets.
USD/JPY fails to extend attempted recovery beyond 110.00 mark
• Initial signs of stability in equity markets dented the JPY's relative safe-haven status. • Sliding US bond yields held the USD bulls on the defensive and seemed to cap gains. • Market participants ...