Cracks below 100 hour MA, trend line The USDJPY has moved lower after the comments from Pres Trump saying he does not like the dollar
Japanese Yen Talking Points USD/JPY continues to mark fresh monthly highs, with the exchange rate now at risk of making a run at the December-high
USD/JPY printed a new 2018 high this Thursday at 113.18 although it was only a few pips above yesterday’s high. USD/JPY is grinder higher supported
The 112.80 area stalls the fall The USDJPY moved lower – falling below the 100 bar MA on the 5- minute chart at 112.97 and
Daily Pivots: (S1) 112.64; (P) 112.89; (R1) 113.09; More… USD?JPY’s breach of 113.13 suggests rally resumption. Intraday bias is
Yesterday’s signals were not triggered as there was insufficiently bullish price action at 112.79. Today’s USD/JPY Signals Risk 0.75%. Trades may only be entered between
Japanese Yen Talking Points USD/JPY remains overbought as Federal Reserve Chairman Jerome Powell strikes a hawkish outlook in front of U.S. lawmakers, and recent price
EUR/USD The EUR/USD showed a strong bullish pinbar candlestick pattern at support, which could confirm the completion of wave X (pink) and the start of
USDJPY Forecast The USDJPY had a significant bullish momentum last week, slipped above the bearish channel as you can see on my daily chart below.
Dollar/yen surged in a week that saw the US Dollar reign supreme and when the safe-haven status of the yen lost its meaning. What’s next? The