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USDJPY - USD/JPY: stuck around a key Fibonacci level
Japanese data released overnight mostly discouraging. US December inflation is seen stable at 2.2% YoY. The USD/JPY pair trades mute around 108.30, hovering around the key Fibonacci level since Thursd...
USD/JPY Forecast: Different reasons, same downwards direction
After Powell offered patience and opened the door to changing the balance sheet policy, Fed officials took further steps to the dovish side, weighing on the US Dollar. Atlanta Fed President Raphael Bo...
USD/JPY Outlook: Bearish Bias Below Daily Kijun-Sen, US CPI Data Eyed For Fresh Signals
The pair holds within week-long congestion between daily Kijun-sen and Tenkan-sen but near-term bias remains on the downside on signals that corrective phase of larger downtrend from 113.70, which spi...
USD/JPY and AUD/USD Forecast
The US dollar has initially pulled back against the Japanese yen during trading on Thursday but found buyers later in the day as the ¥108 level has offered significant support. The fact that we pierce ...
USD/JPY Price Forecast – US dollar trading at support
The US dollar broke down below the vital ¥108 level during trading on Thursday but continues to see buyers just below the crucial level. By doing so, it looks as if the market is ready to ...