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.
Read More »USD/JPY Rises Amid Volatile Trading as APAC Session Eyes Chinese Inflationary Gauges
The Japanese Yen fell versus the US Dollar as Wall Street traders were whipsawed in another volatile day of equity trading. APAC traders eye February inflation and producer price data…
Read More »USD/JPY Price Analysis: Triple-bottom looms, targeting profits around 117.00
On Friday, the USD/JPY retreats from the double-bottom “neckline” at around 115.80 to weekly lows, negating the chart pattern late in the New York ses
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