USD/JPY
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USDJPY Held Back on Monday
Overview 15th January analysis USDJPY appears to be haunted by previous week’s supply zone with a range of 146.300 and 145.530 On Monday morning, Asian trading session shows bulls are trying really hard to break the rejection level at 145.08.…
What’s Next USD/JPY?
Overview 1D view sentiment shifting from positive to negative sparked by BOJ indicating end to negative rate policy, coupled by US rate cuts expectations for next year. Market expects BOJ action in 1H:2024. However 1D support at 141.6 appears to…
USD/JPY Faces Uncertainty: Powell’s Speech and ISM Data in the Spotlight
USD vs. Japanese Yen: A Mixed Trading Scene
Overview Recently, the US Dollar (USD) and the Japanese Yen (JPY) have been having a bit of a rollercoaster in the market. The Japanese Yen got stronger, reaching its highest point against the US Dollar in a week. But it…