On Friday, the USD/JPY currency exchange rate continues the recovery that was started on September 15. During the surge, the pair only shortly paused at resistance levels like the hourly simple moving averages. By the middle of Friday's London trading hours, the rate had reached the 110.00 level and the weekly simple pivot point at 110.07. Economic Calendar On Wednesday, the
The decline of the USD/JPY currency exchange rate stopped at the August low level zone just above the 109.10 level. On Thursday the rate recovered to find resistance in the late August low level zone that is located at 109.42/109.50. Economic Calendar On Thursday, at 12:30 GMT, the US Retail Sales and Core Retail Sales data sets are set to be
The release of the US Consumer Price Index on Tuesday at 12:30 GMT caused a drop of the US Dollar. On the USD/JPY currency exchange rate charts the initial drop was followed up by a short recovery before the decline resumed. By the middle of Wednesday's European trading hours, the rate had reached the 109.30 level and lost 80
Since Monday the USD/JPY pair has been fluctuating near the 110.00 mark. Despite the rate trading almost sideways it appears that the volatility of the currency exchange rate has been decreasing. Due to that reason a larger move up or down could be expected. Economic Calendar The week's notable events will start on Tuesday. At 12:30 GMT, the US statisticians are
On Friday morning, the USD/JPY bounced off the combined resistance of the 55, 100 and 200-hour simple moving averages and the 110.00 round exchange rate level. Meanwhile, note that the rate ignored the support and resistance of the weekly simple pivot point at 109.82. Economic Calendar On Friday, the rate could move due to the publication of the US Producers Price
Wednesday's decline of the USD/JPY currency exchange rate continued on into Thursday's early trading hours. By the middle of the day's European trading hours, the pair had reached below the 110.00 mark and the weekly simple pivot point at 109.92. Economic Calendar On Friday, the rate could move due to the publication of the US Producers Price Index at 12:30 GMT. USD/JPY
The USD/JPY managed to pass the 110.00 level and surged on Tuesday. During the surge, the rate passed the resistance of the 110.25 level and the weekly R1 simple pivot point. On Wednesday morning, the surge had touched the 110.45 level before the rate retraced back down. Economic Calendar On Friday, the rate could move due to the publication of the
At mid-day on Tuesday, the USD/JPY currency exchange rate passed the resistance of the weekly simple pivot point and the 100 and 200-hour simple moving averages in the 109.92/109.95 zone. However, the rate's attempts at surging higher were immediately stopped by the 110.00 mark. Economic Calendar On Friday, the rate could move due to the publication of the US Producers Price
The USD/JPY dropped, as the US monthly employment data was released on Friday. The drop was eventually stopped and reversed by the support of the 109.60 level. By the middle of Monday's European trading hours, the rate had recovered to a cluster of technical levels that surrounded the 109.90 level. The cluster consisted of the 55, 100 and 200-hour simple
Since the middle of Wednesday's trading, the USD/JPY has continued to trade sideways around the 110.00 level. However, up to the start of Friday's trading, the rate was finding support in the 200-hour simple moving average. On Friday, the rate shortly traded below the SMA indicating that it might not continue to provide support. Economic Calendar The top day for fundamental
As the rate was testing the resistance of the 110.40 level, the US ADP payrolls caused an all-out USD drop. On the USD/JPY charts it resulted in a decline to the support of the 200-hour simple moving average at 109.90. By the start of Thursday's European trading hours, the SMA was still keeping the rate up, as it tested its
Despite piercing the supporting trend line, the USD/JPY did not decline. The rate found support in the 109.60 level and surged. By the middle of Wednesday's GMT trading hours, the pair had reached the 110.40 level. Economic Calendar This week, the rate could be impacted by the release of the US ISM Manufacturing Purchasing Managers Index release on Wednesday at 14:00
The USD/JPY ignored the resistance of the 55, 100 and 200-hour simple moving averages in the 109.85/109.95 zone. Moreover, the weekly simple pivot point at 109.85 provided the rate with resistance for only three hours before being passed. However, since the middle of Monday's trading hours, the pair has been respecting the 110.00 mark. Economic Calendar This week, the rate could
After making attempts to pass the August high levels near 110.20, the USD/JPY currency exchange rate retreated on Friday. On Monday, the rate traded below the resistance of three hourly simple moving average and the weekly simple pivot point at 109.86. Economic Calendar This week, the rate could be impacted by the release of the US ISM Manufacturing Purchasing
The USD/JPY currency pair failed to break the resistance level at 110.20 on Thursday. Economic Calendar USD/JPY short-term review Currently, the exchange rate is trading near a support level formed by the 100– hour simple moving average at 109.89. If the currency exchange rate breaks the support level, a decline towards the weekly pivot point at 109.71 could be
On August 25, the US Dollar surged by 38 pips or 0.35% against the Japanese Yen. The currency pair reversed from a support line at 109.71 during Wednesday's trading session. Economic Calendar On Thursday, the US Preliminary GDP could cause a notable reaction in the markets. USD/JPY short-term review Everything being equal, the exchange rate is likely to continue to trend
The USD/JPY dipped to the 109.42 level on Tuesday. With it, the pair confirmed that there is a support zone in the 109.42/109.49 zone. Meanwhile, the recent August high levels have been marked to reveal a resistance zone at 110.15/110.23. In addition, the currency exchange rate continues to ignore the 55, 100 and 200-hour simple moving averages and the
Despite passing the resistance of the 110.00 level, the USD/JPY currency exchange rate did not surge to the weekly R1 at 110.32. Instead, the pair bounced off the 110.15 level and declined, ignoring all technical support levels. Namely, the 55, 100 and 200-hour SMAs, the weekly simple pivot point and the lower trend line of a channel up pattern
The USD/JPY passed the supporting trend line of the channel up pattern, which guided the rate since August 15. However, the 100-hour simple moving average almost immediately provided the pair with additional support. Afterwards, the rate returned to trading in the borders of the channel. Economic Calendar On Wednesday, US Durable Goods Orders release at 12:30 GMT could cause an
On Thursday, the US Dollar declined by 62 pips or 0.56% against the Japanese Yen. The decline was stopped by the 100– hour simple moving average at 109.58 during yesterday's trading session. Economic Calendar USD/JPY short-term review Currently, the exchange rate is trading near the lower boundary of an ascending channel pattern and could be set for a breakout.
On Wednesday, the US Dollar surged by 55 pips or 0.51% against the Japanese Yen. A breakout occurred through the upper line of a descending channel pattern during yesterday's trading session. Economic Calendar On Thursday, the US Unemployment Claims could cause a move from 5.9 to 28.8 pips. USD/JPY short-term review Given that a breakout has occurred, buyers could continue
The USD/JPY currency pair bounced off the lower line of a descending channel pattern at 109.18 on Tuesday. As a result, the US Dollar surged by 50 pips or 0.46% against the Japanese Yen during yesterday's trading session. Economic Calendar On Wednesday, the top event of the week would occur. At 18:00 GMT, the US FOMC Meeting Minutes
On Monday, the US Dollar edged lower by 56 pips or 0.51% against the Japanese Yen. The currency pair tested the weekly support level at 109.19 during Monday's trading session. Economic Calendar On Tuesday, at 12:30 GMT, the US Core Retail Sales and US Retail Sales are expected to be released. The Retail Sales have caused moves from 9.4 to
Downside risks dominated the USD/JPY currency pair lower during Friday's trading session. As a result, the US Dollar fell by 91 pips or 0.83% against the Japanese Yen on Friday. Economic Calendar On Tuesday, at 12:30 GMT, the US Core Retail Sales and US Retail Sales are expected to be released. The Retail Sales have caused moves from 9.4 to 19.3