Tag: USDJPY

USDJPY reached its higher level so far in 2019 yesterday. The pair climbed to 112.166, extending its recovery from the 109.71 bottom formed last...

USDJPY closed at 111.72 last week and is now within striking distance of its 2019 high of 112.14. But just two weeks ago, the...

USDJPY has been in recovery mode since the “flash crash” on January 3rd. The pair plunged to as low as 104.82 that day, but...

It is not just stock market investors and oil bulls, who have been suffering lately. The holidays do not promise to be very happy...

Unlike the stock market, where a profitable company with a growing market share will eventually grow in value in the long-term, the Forex market...

There is a reason why it is called “trading” and not “bottom/top picking”. The latter is literally impossible even with the best trading tools...

The Forex market was very interesting to observe last week. Major news like the Non-Farm Payrolls report in the U.S., the new trade deal...

Earlier today, USDJPY climbed to 112.88, which is just 30 pips shy of its 2018 high at 113.18 reached in mid-July. Just two weeks...

It has been a volatile week for USDJPY. The pair started the session on a positive note and rose to 111.76 on Wednesday. However,...

It has been a wild ride for USDJPY traders last week. The pair opened at 111.31 on Monday and rose to 111.83 on Wednesday...

Last week, when most major currencies like the euro, the Canadian dollar and the British pound (not to mention the Turkish lira) fell against...

Everything was going so well for USDJPY and crude oil bulls until last week, when both the exchange rate and the WTI crude price...

Less than a month ago, USDJPY was trading below 105.00 after plunging to 104.64. The media hurried to explain the dollar’s weakness against the...

USDJPY bulls looked like they were up to something, when the pair climbed to 106.61 on Tuesday. Three days later today, the pair is...

Not too long ago, on November 6th, the U.S. dollar climbed to as high as 114.73 against the Japanese yen, which was its highest...

Less than a month ago, on October 16th, USDJPY fell to 111.65 and it looked like more weakness would follow. Instead, the pair is...

USDJPY’s rally from 108.80 came to its natural end last week, when the pair climbed to 114.50. The rate exceeded the mid-May high of...

The U.S. dollar continues to tumble against most of its rivals. The selloff is especially obvious against the Japanese yen, with the USDJPY pair...

Predicting the Fed rate hike is not the same as predicting the market’s reaction to it The benchmark interest rate of the Federal Reserve is...

Donald J. Trump officially sworn as the 45th president of the United States yesterday. And if the stock market remained relatively calm during the week...

Last Friday, October 28th, USDJPY rose to a high of 105.53, but eventually closed the week at 104.71. The trend was clearly up since...

USDJPY is having a good run recently. The pair started the week from 101.17, but quickly gained traction and is currently trading above 103.60....

Last week, the USDJPY pair opened at 102.02 and undertook an impressive rally to 104.31, before settling at 104.01 for the weekend. After such...

At the start of last week USDJPY was trading slightly above the 100.00 mark after falling from as high as 107.49 in mid-July. Usually,...

USDJPY fell to as low as 105.54 on May 3rd and just when the picture was beginning to look more and more negative, the...

USDJPY started this week in the same tone as it finished the previous one. Last Friday, April 15th, the pair touched 109.73 only to close...

USDJPY is currently struggling to hold above 112.00, following a rally from 110.67 to 113.80. Last week’s recovery of more than 300 pips came out...

USDJPY just fell below the 111.00 mark. To be more precise, the pair slumped to 110.66. And while the majority would inevitably blame the...

If you are new to technical analysis, you may have already heard about the “levels of support and resistance”, since they are among the...

USDJPY has been trading between 121.65 and 118.55 for more than a month now. Trading in ranges is quite difficult, so being able to predict when...