USD/JPY holds to weekly gains near 130.00, high volatility to persist
Japanese Yen among worst G10 performers after BoJ status quo. US Dollar mixed between higher yields and risk sentiment. USD/JPY attempts recovery, still limited below the 20-day SMA. The USD/JPY moved off daily highs during the American session on Friday, pulling back under 130.00. The pair peaked at 130.60, the highest level in two days. […]
USD/JPY set to decline toward 125 over the coming months – Danske Bank
The Yen saw a boost from the BoJ initiating the beginning of the end to its Yield-Curve-Control. Economists at Danske Bank expect the USD/JPY pair to edge lower towards the 125 over the coming months. Tightening cycle commencing “Japanese monetary policy has taken over as a key driver of USD/JPY, while global inflation, bond yields […]
USDJPY: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023
2023.01.20 2023.01.20 USDJPY: Elliott wave analysis and forecast for 20.01.2023 – 27.01.2023 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider short positions from corrections below the level of 131.48 with a target of 125.35 – 121.52. Alternative scenario: breakout and consolidation above the level of 131.48 will allow the pair to continue rising to the levels of 134.92 […]
OANDA Japan Stops fxTrade Desktop Download, Changes USD/JPY Margin Rate
OANDA Securities, the Japanese subsidiary of longstanding online forex and CFD brokerage company, OANDA Corporation, stopped new downloads of the desktop version of its fxTrade trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader […]
Japanese Yen Dips as JGBs Retreat from Bank of Japan Cap. Where to for USD/JPY?
Japanese Yen, USD/JPY, US Dollar, BoJ, China, Fed, FOMC – Talking Points The Japanese Yen appears to have mixed messages for now Chinese New Year on the re-opening could provide stimulus The Fed are maintaining their message. Where will that send USDJPY? Recommended by Daniel McCarthy Get Your Free JPY Forecast The Japanese Yen slipped […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY
US Dollar, EUR/USD Talking Points: US Dollar weakness continued to show yesterday as DXY printed a fresh seven-month-low; but buyers put in a response in the latter portion of the session leaving that daily candle as a doji. As USD has built a short-term range, so has EUR/USD. GBP/USD is testing above a longer-term Fibonacci […]
USD/JPY Price Analysis: The yen strengthens, as bears stepped in around 128.60s
On Thursday, the USD/JPY fails to hold to its gains and trades beneath its opening price by 0.33% after hitting a daily high of 128.88. At the time of Source link
Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY
Japanese Yen Talking Points: Recommended by James Stanley Get Your Free JPY Forecast Trends are important things in markets because it can help with biasing directional moves. While the future will remain uncertain, trends populate often and there’s usually a good reason for doing so. In the FX market, that rationale often revolves around a […]
Surfing The Waves With Gregor Horvat: USDJPY, EURUSD, GBPUSD, WTI, USDMXN & More!
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USD/JPY signals that the BOJ still has a problem on its hands
USD/JPY is now flat on the session at 128.12 after touching as high as 131.57 in the aftermath of the BOJ decision. The BOJ might have burned the short-term specs but it looks like the strong hands used the higher levels to reload. Ultimately, the BOJ will have to normalize and owning more than 100% […]