GBP/JPY Price Analysis: Extends break of five-week-old support line below 139.00
GBP/JPY drops to 138.84, down 0.26% intraday, during the initial hour of Tokyo open on Tuesday. In doing so, the quote keeps the previous day’s breakd
Read More »USD/JPY holding up in the 103.80 support zone
USD/JPY is trading at 103.83 and firming in the Tokyo open having risen from a low of 103.70 to a high of 103.84, 0.10% higher on the day. In the…
Read More »Japanese Yen: USD/JPY May fall as Election Gives Way to Rising Covid Cases
The Japanese Yen may strengthen, causing USD/JPY to follow a falling wedge as election headlines fade away. The Covid situation continues to evolve across the globe and Yen strength may…
Read More »USD/JPY bulls losing conviction in the 105 area
USD/JPY was net flat overnight, drifting around 105.30 and is now firmly on the backfoot. At the time of writing, the pair is down some 0.13% and has
Read More »USD/JPY bounces off monthly low towards 105.00 as market optimism fades
USD/JPY refreshes intraday high to 104.70, currently around 104.65, as markets in Tokyo open for Thursday’s trading. In doing so, the pair consolidate
Read More »USD/JPY welcomes October with mixed clues above 105.00
USD/JPY rises to 105.50 as markets in Japan open for Thursday’s trading. The yen pair surged to the highest since September 15 the previous day before
Read More »USD/JPY Price Analysis: The pair looks to be heading right back into the middle of the range
USD/JPY does not seem to like trading below 104.00 as there seems to be a quick recovery as soon as the level is pierced. The key level on the chart…
Read More »USD/JPY defies pullback from six-month low to attack 104.50 amid Tokyo’s second holiday
USD/JPY prints 0.11% intraday losses while declining to 104.53 during the early Tuesday. The yen major dropped to the lowest since March 12 the previo
Read More »LATEST FORMATION ON USD JPY CHART
Usd Jpy is trading in a range bound manner for more than a month. Price was hovering between 107.000 and 105.500. Yesterday the pair broke it’s silence and the price…
Read More »AUD/JPY drops below 77.50 despite better-than-forecast China PMI data
AUD/JPY keeps the early-Asian weakness while declining to 77.42 amid Monday’s trading. The pair recently ignored better than anticipated activity numb
Read More »