During the early hours of Monday's trading, the USD/JPY currency pair reached above the 136.00 mark and touched the weekly R1 simple pivot point's resistance at 136.34. Economic Calendar During the upcoming week, on Tuesday, the US Flash Manufacturing and Services PMIs might impact the financial markets through an adjustment of USD value. On Wednesday, at 18:00 GMT, the FOMC Meeting Minutes
Despite dipping during the US fundamental events that occurred during this week, the USD/JPY has recovered and returned to the 135.00 mark. Economic Calendar During the upcoming week, on Tuesday, the US Flash Manufacturing and Services PMIs might impact the financial markets through an adjustment of USD value. On Wednesday, at 18:00 GMT, the FOMC Meeting Minutes publication could provide more insight
The release of US inflation data caused a drop of the USD. On the USD/JPY charts it resulted in the pair passing below the support range at 134.60/134.70. Economic Calendar On Thursday, watch out for the US Producer Price Index publication at 12:30 GMT. In addition, at the same time the US weekly Unemployment Claims numbers will be out. Hourly Chart The ongoing
The USD/JPY has been fluctuating around the 135.00 mark since late Friday. The rate has revealed resistance zones at 135.10/135.35 and support at 134.60/134.70. Meanwhile, the rate has been ignoring the 50, 100 and 200-hour simple moving averages. In general, the sideways trading is explained with the markets waiting for Wednesday's US Consumer Price Index data. Economic Calendar This week, the US
The USD/JPY found support in the 133.50 level on Thursday. Since the event, the pair has been surging. On Monday, the pair had reached above 135.00. Economic Calendar This week, the US Consumer Price Index data release on Wednesday at 12:30 GMT is set to impact the financial markets. On Thursday, watch out for the US Producer Price Index publication at 12:30 GMT.
Prior to the US Federal Reserve rate hike, the USD/JPY declined to the support of the 135.00 level. As the rate was hiked, it appeared that a recovery started. Economic Calendar On Friday, watch out for the US monthly employment data, which is bound to impact the markets at 12:30 GMT through the value of the USD. Hourly Chart A continuation of the
The USD/JPY has managed to reach above 137.00 and 137.50 levels. During the surge, some resistance was provided by the weekly R1 simple pivot point at 137.53. It was observed during mid-Tuesday that the pair was consolidating in the expectations of the Wednesday's Federal Reserve rate hike. Economic Calendar This week, the top event of the week will be the announcement of
The release of the higher than expected US Core PCE Price Index has indicated that the Federal Reserve continues to fail its fight against US inflation. It signals that the Fed is set to hike interest rates and continue with its hawkish monetary policy. Namely, the value of the US Dollar is set to rise due to rising US interest
Despite piercing the weekly S1 simple pivot point and declining to almost 133.00, the USD/JPY recovered on Wednesday. In general, the rate appears to be consolidating in a range between 133.00 and 134.00, as it expects more US financial data. Economic Calendar The US Core PCE Price Inflation at 12:30 GMT on Friday and the next week's Federal Reserve Rate hike are
The decline of the US Dollar against the Japanese Yen has reached the combined support of the weekly S1 simple pivot point at 133.37 and the 133.40 level. Meanwhile, it has been observed that the 133.80 level acts as resistance. Economic Calendar This week, the US Advance GDP release at 12:30 on Thursday is bound to impact the value of the US
The USD/JPY currency rate shortly retreated below the support of the 200-hour simple moving average and the 134.00 mark. Economic Calendar This week, the US Advance GDP release at 12:30 on Thursday is bound to impact the value of the US Dollar. However, the top event of the week will be the US Core PCE Price Index release at 12:30 GMT. The
Despite piercing the support of the 134.00 level, the USD/JPY was still trading in the 134.00/135.00 range on Monday. The rate suddenly surged on Friday at 13:45 GMT, as the US Flash Services and Manufacturing PMI data sets were released. The data strengthened the US Dollar due to showing positive tendencies among US producers. Economic Calendar This week, the US Advance GDP
The USD/JPY made two attempts to reach above 135.00, before a decline stared at mid-day on Thursday. The decline reached the support zone near 134.00. Economic Calendar On Friday, the US Flash Manufacturing and Services PMIs could cause an impact on the US Dollar. Hourly Chart A move below the support zone near 134.00 might look for support in the 200-hour simple moving
The USD/JPY has respected the support of the 133.87/134.00 zone. The zone was strong enough to cause another surge. By mid-Wednesday, the pair had reached and pierced the 135.00 mark. Economic Calendar On Friday, the US Flash Manufacturing and Services PMIs could cause an impact on the US Dollar. Hourly Chart A proper move above 135.00 could encounter resistance in the weekly R2
The USD/JPY has pierced the high level zone at 133.87/134.00. The recent surge has been part of a broader USD recovery against other currencies. Economic Calendar Note the US Empire State Manufacturing Index on Monday at 12:30 GMT. On Friday, the US Flash Manufacturing and Services PMIs could cause an impact on the US Dollar. Hourly Chart A move above 134.00 might encounter resistance
The USD/JPY currency exchange rate has been observed to be finding support in the weekly simple pivot point at 132.17. Meanwhile, the 132.50 level and the 200-hour simple moving average appear to be acting as minor support and resistance. At mid-day on Friday, the pair reached above 132.50. Economic Calendar On Friday, the US Retail Sales data might cause a reaction in
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. Due to the news, the rate declined to the support of the 133.00 level and the 100-hour simple moving average. Meanwhile, it
The USD/JPY currency pair's surge appears to have bounced off the 134.00 mark. The following decline has approached and found support at 133.00. Meanwhile, the rate is being approached by the 50-hour simple moving average. Economic Calendar On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT. The US inflation data is bound to impact the US Dollar's
Despite being pierced, the 131.00 level has acted as support. The level continued to keep the rate up up to mid-Thursday when the pair traded above 131.50. Economic Calendar On Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate. On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT.
The USD/JPY has continued due to decline due to US Dollar's weakness. By the middle of Wednesday's trading, the pair had reached the combined support of the 131.00 mark and the weekly S1 simple pivot point at 130.94. Economic Calendar Above all, on Friday, at 12:30 GMT, the United States will publish the Average Hourly Earnings, Non-Farm Employment Change and Unemployment Rate.
At the start of April trading, the US Dollar was highly volatile. Initially, OPEC+ decreased production. The decrease caused a surge of oil prices. The increase of oil prices first of all increased demand for oil deals in USD and secondly signals that inflation would remain high. High inflation is expected to be the basis for more USD interest rate
On Friday, the USD/JPY currency pair's surge reached the 133.50 mark. Meanwhile, support was being provided by the 50-hour simple moving average near 132.75. Economic Calendar On Monday, the US ISM Manufacturing PMI release at 14:00 GMT could cause a move in the US Dollar. On Wednesday, the US ADP Non-Farm Employment change at 12:15 GMT might impact the USD. Afterwards, at
At the start of Wednesday's trading, the USD/JPY started a surge, which by mid-day resulted in the rate reaching from 131.00 up to 132.50. Near 132.50, the pair encountered resistance in the weekly R1 simple pivot point at 132.59. Economic Calendar On Thursday, at 12:30 GMT, the publication of Final US quarterly Gross Domestic Product is set to be published. The release
Despite recovering on Monday, the USD/JPY currency pair was observed to have declined and found support in the 130.50 level. Economic Calendar On Thursday, at 12:30 GMT, the publication of Final US quarterly Gross Domestic Product is set to be published. The release might impact the USD. However, it is usually the Preliminary GDP release, which impact the markets. On Friday, the US