FLEX EATechnical analysis on USDJPY for August 12th, 2022.
Red line -resistance trend line Blue lines- Fibonacci retracements USDJPY is bouncing after making a low at 131.75. The resistance trend line at 1…
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USDJPY under pressure falls below 133.
Two days ago we warned traders that USDJPY is providing rejection sign and the chances of a pull back had increased. Price reached resistance and bou…
Trading Signal for USD/JPY for August 10 - 11, 2022: sell below 132.81 (5/8 Murray - strong resistance)
Early in the American session, the Japanese yen fell below the psychological level of 135.00. A few days earlier, USD/JPY was consolidating within a …
Technical analysis on USDJPY for August 8th, 2022.
Red line -resistance Black line- second resistance trend line Blue lines- Fibonacci retracements USDJPY is showing rejection signs at 135.30. Our…
Trading Signal for USD/JPY for July 28 - 29, 2022: buy above 134.37 (6/8 Murray - bottom bearish channel)
Early in the American session, the USD/JPY pair is trading at around the key 6/8 Murray support and around the bottom of the downtrend channel forme…
USDJPY challenges lower wedge boundary.
Red lines- bearish RSI divergence Green line- support trend line In recent analysis on USDJPY we noted that although trend remains bullish with pr…
USD/JPY in natural drop
USD/JPY Uptrend! The USD/JPY pair dropped in the short term. The current retreat is natural after its strong growth. The uptrend remains intact as …
USDJPY falls back toward broken trend line after Waller comments
USDJPY holds support at the broken trend line The USD run up got a further reprieve after Fed's Waller eased on the tightening by 100 basis p…
USD/JPY: long or short?
The USD/JPY pair is trading in the red at 135.81 on the H1 at the time of writing. In the short term is trapped between critical levels. It remains t…
USD/JPY upside seems over, 135.59 acts as critical support
The USD/JPY pair dropped after failing to stay above the 136.71 key resistance. Now, it was traded at 135.90 at the time of writing. Technically, the…
USD/JPY: upside continuation or larger drop?
USD/JPY Up Channel! The USD/JPY pair increased in the short term after ending its strong drop. Now, it is trading at 135.24 at the time of writing.…
USDJPY continues it's run to the upside and so does the EURJPY
USDJPY trends higher The USDJPY moved to another 20 year high yesterday, but consolidated and corrected in the New York session. In my post yeste…
USD/JPY analysis for June 07, 2022 - Potential for the upside continuation
Technical analysis: USD/JPY has been trading in strong upside cycle and I see potential for further upside continuation. Bullish continuation al pa…
The USDJPY extends higher as bond yields push higher in early NY trading
USDJPY is pushing toward the 50% midpoint of the May range The USDJPY is moving to a new session high in early New York trading as yields move high…
USDJPY moves up to test the fall 100 hour MA/swing area
USDJPY tests the 100 hour MA The USDJPY has moved up to test a swing area between 127.33 and 127.434. The price is also moving up toward the fallin…
Trading plan for USDJPY on May 20, 2022
Technical outlook: USDJPY dropped through 127.00 during the New York session on Thursday, taking out initial support as marked on the 4H chart here…
USDJPY trades to a new session low in early US trading
USDJPY moves back below its 100 hour moving average The USDJPY has broken below its 100 hour moving average with more momentum, and has moved dow…
Forecast for USD/JPY on May 16, 2022
The USD/JPY pair showed growth on Friday, and in today's Asian session it is trying to win back this growth. The Marlin Oscillator is declining i…
USDJPY reaches the 38.2% retracement of the last move higher and stalls the fall
USDJPY bounces off the 38.2% retracement near 127.50 As per an earlier post, the USDJPY was targeting the 38.2% retracement of the last move high…
USD/JPY: natural growth, aims at 127.00
The USD/JPY pair climbed as much as 126.68 today. It has resumed its growth as expected as the Dollar Index is bullish while the Yen Basket maintains…
