USD/JPY rose on Friday as the markets around the world sold off. The USD/JPY is being lifted by the Bank of Japan, and as a result we haven’t been able to sell this pair for quite some...
USDJPY traded in a narrow range between 75.96 and 77.85 for several weeks. Another fall to test 75.96 previous low support could be expected next week, a breakdown below this level will signal resumption of the downtrend...
On the event of sideways trading (with weaker bias) witnessed in most of the asset classes, the Dollar Index appreciated from 77.30 ranges with stronger bias, though it is expected to find stiff resistance in the ranges...
USD/JPY continued to bounce around in the 100-pip range we have been watching on Wednesday. The pair is being watched by the Bank of Japan, and it should be obvious and well-known by now that they are...
Concerns over the situation in Europe are growing.
The Dollar Index is finding stiff resistance in the ranges of 78.85-79.00 ranges due to bargain buying in most of the asset classes especially the equities though the major trend is still bearish. As long as 79.50...
Willingness to take risks is back.
USD/JPY continues to trade in a 100-pip range on Tuesday as traders are willing to consolidate instead of take on the Bank of Japan by selling this pair. The pair has been extremely reliable from a scalping...
Bargain buying was witnessed in most of the asset classes especially the equities though the major trend is still bearish, as a result of which, the Dollar Index is finding stiff resistance in the ranges of 78.85-79.00...
USD/JPY had a fairly quiet day again on Monday, with a slightly negative bias to it. The pair is still being held afloat in the 76 area, as traders simply haven’t been able to test the resolve...