USDJPY Technical Analysis
Inverted Hammer Hints at USDJPY Consolidation Ahead
USD/JPY trades bullish amid overbought signals. The 4-hour chart formed an inverted hammer candlestick pattern, suggesting a consolidation phase is on the horizon.
USDJPY Technical...
USDJPY Climbs Past 151.2 Facing Resistance
The USD/JPY uptrend escalated after the prices flipped above 151.25. The immediate resistance is at 153.6 amid overbought signals given by the Stochastic. Before...
USDJPY Targets 153.3 After Bullish Breakout
FxNews—USD/JPY initiated a bullish trend from the 50.0% Fibonacci support level at 148.1, backed by the daily 75-period simple...
USDJPY Nears 151.8 Resistance with Bearish Signals
FxNews—The US dollar erased 0.8% of its recent losses against the Japanese Yen today, trading at approximately 150.8. The...
Yen Overpriced at 149.5: Market Expects Consolidation
FxNews—The USD/JPY pair's downtrend resumed after prices dipped below the 150.7 resistance. However, robust selling pressure caused the Stochastic...
USDJPY Eyes 151.85 Resistance for Next Bull Run
FxNews—The USD/JPY downtrend from 156.6 eased near the 50% Fibonacci retracement level (150.7). The currency pair's uptick in momentum...
USDJPY Poises Bearish as BoJ Signals Potential Rate Hikes
The USD/JPY currency pair traded sideways but mildly bearish at approximately 153.8 in today's trading session. The yen rose...
USDJPY Bull Market Surges Amid Ueda Rate Comments
The American dollar decreased slightly, about -0.3, against the Japanese Yen in today's trading session. Uncertainty over the Bank...