USDJPY – Analyzing Price Action for the week of 07 Feb, 2022

By Ravi Madan: This pair has been bullish for about a year but in Nov. it found resistance at 115.40 . The sellers came...

USDJPY – the broken H&S neck line forecasts declines – 13.11.2019

USDJPY - the pair has recently moved in an upward trend, which can be marked by two lines...

US Inflation report will have an impact on the forex market

Tomorrow we will learn the latest CPI report from the US, which will be the main event of the week. Higher-than-expected data, especially the...

USDJPY – a descending wedge and a Inside Bar pattern – 12.10.2020

The USDJPY pair has been moving in an upward trend for the last three weeks and from 21.09 (104.00) to 08.10 (106.10) quotations increased...

USDJPY- intervention if yes than when?

Financial authorities in Japan, particularly the Ministry of Finance and the Bank of Japan, in the wake of the yen's depreciation, have issued statements...

USD/JPY has reached the first support – 10/04/2019

The USD/JPY exchange rate has been slipping since the beginning of this week. Previously, however, we witnessed an upward movement (ab), in which the...

USDJPY – the weakening of the yen may continue for some time.

It has not been a successful year for the Japanese yen (JPY). Starting from January 2022, the Japanese currency has lost more than 10%...

Four FX charts: USD weak but not yet breaking, AUDJPY and NOK.

John HardyHead of FX Strategy, SaxoGroup Summary:  The US dollar has traded on the weak side over the...

What’s coming next in the first week of August?

A number of important economic data will be published this week, starting with tomorrow's early morning (5:30 GMT+1) RBA (Australia) decision on interest rates....

USDJPY – bullish engulfing on daily chart – 01.11.2020

Since the end of March the USDJPY pair has been moving in a downward trend, but not a strong one. After several days of declines...

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