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USDJPY Technical Analysis

USDJPY Bullish Stance Aims for 160 Target

USDJPY Technical Analysis J.J. Edwards -
USD/JPY is bullish, above the 100-period SMA. But, the uptrend eased at 158.5. A break above this level can potentially trigger the uptrend, targeting...

USDJPY Bull Run Resumed Above 156

USDJPY Technical Analysis J.J. Edwards -
The USDJPY bull run resumed above 156.0 despite the bearish divergence signal given by AO. A close above 157.9 could escalate the uptrend, targeting...

Inverted Hammer Hints at USDJPY Consolidation Ahead

USDJPY Technical Analysis J.J. Edwards -
USD/JPY trades bullish amid overbought signals. The 4-hour chart formed an inverted hammer candlestick pattern, suggesting a consolidation phase...

USDJPY Climbs Past 151.2 Facing Resistance

USDJPY Technical Analysis J.J. Edwards -
The USD/JPY uptrend escalated after the prices flipped above 151.25. The immediate resistance is at 153.6 amid overbought signals...

USDJPY Targets 153.3 After Bullish Breakout

USDJPY Technical Analysis J.J. Edwards -
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

USDJPY Technical Analysis J.J. Edwards -
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

USDJPY Technical Analysis J.J. Edwards -
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

USDJPY Technical Analysis J.J. Edwards -
FxNews—The USD/JPY downtrend from 156.6 eased near the 50% Fibonacci retracement level (150.7). The currency pair's uptick in momentum...

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