USD/JPY Pullback Emerges Ahead of BoJ Interest Rate Decision
The Bank of Japan (BoJ) interest rate decision may prop up USD/JPY as the central bank remains reluctant to move away from its easing cycle.
Read More »USD/JPY Price Analysis: Buyers loose steam and pullback from 24-year high
The USD/JPY retreats from YTD highs at around 139.38, towards the middle of the 138.00-139.00 range on Friday, as Wall Street closes the week with gai
Read More »USD/JPY Clears June Range to Push RSI Towards Overbought Territory
Looming developments in the Relative Strength Index (RSI) may point to a further advance in USD/JPY as the oscillator is on the cusp of pushing into overbought territory.
Read More »USD/JPY Rate Reversal Takes Shape Ahead of 50- Day SMA
USD/JPY may track the positive slope in the 50-Day SMA (127.19) as the exchange rate reveres ahead of the moving average.
Read More »USD/JPY Susceptible to Larger Correction as RSI Develops Downward Trend
Developments in the RSI raises the scope for a larger pullback in USD/JPY as the momentum indicator establishes a downward trend.
Read More »USD/JPY Rally Pushes RSI Back into Overbought Territory
USD/JPY may continue to appreciate over the coming days as the recent rally pushes the Relative Strength Index (RSI) back into overbought territory.
Read More »USD/JPY popped above 124.00 and has since dropped back to 123.80
Apart from what has been posted already thre is no fresh news. US Treasury yield is slipping back a few tics as a contributor to the USD/JPY pullback after it…
Read More »USD/JPY Pullback May Continue as Traders Eye Chinese PMI Data Amid Risk-Off Move
The Japanese Yen strengthened for a second day as Wall Street traders shifted out of equities as oil prices rose on a large US inventory draw. China PMI data is…
Read More »USD/JPY Rate Outlook Susceptible to RSI Sell Signal
A move below 70 in the Relative Strength Index (RSI) is likely to be accompanied by a near-term correction in USD/JPY as the oscillator offers a textbook sell signal.
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