On Monday, the USD/JPY pair passed the support of the weekly simple pivot point at 106.46. Next support to reach was the 200-hour SMA. In the meantime, it can be observed on the daily candle chart that the daily simple moving averages had provided resistance at the 107.00 level. Economic Calendar Despite the week having high impact events on the calendar, Dukascopy
As expected, the USD/JPY made another attempt to pass the resistance of the 107.00 level. Moreover, it made three attempts during Thursday's trading. All attempts failed. On Friday morning, the currency exchange rate declined and even passed the 55-hour simple moving average, which had been pushing the rate up since August 7. Economic Calendar The week will end with the US Retail
On Wednesday, the USD/JPY reached the target of the 107.00 mark. The 107.00 provided resistance and caused a retracement back down to the support of the 55-hour simple moving average. As previously, the SMA provided support and caused a surge. By the middle of Thursday's trading, the rate was heading back to the 107.00 level. Economic Calendar On Thursday, the US Unemployment
As forecast, the hourly simple moving averages gave the USD/JPY the needed strength to push through the 106.20 level. Namely, the 55-hour SMA caused a surge, which passed the resistance. By the middle of Wednesday's GMT trading hours, the rate had reached the resistance of a 38.20% Fiobnacci retracement level at 106.86. Economic Calendar On Wednesday, the US Core CPI and CPI
During Tuesday's European trading hours, the USD/JPY once again tested the resistance of the 106.20 level. The attempt was caused by a surge, which started from the 55-hour simple moving average. In the near term future, it was forecast that the SMA could push the rate through the 106.20 level. Economic Calendar On Tuesday, the US Core PPI and PPI data are
On Monday, the USD/JPY gained support in the 100-hour simple moving average and began a surge. By the middle of the day's GMT trading hours, the pair had reached the 106.20 level. Economic Calendar The week ahead is going to be relatively calm on the economic calendar. Most of the events, that could impact the markets, are from the US. On Tuesday,
Since Wednesday, the USD/JPY currency pair has been consolidating in the 105.60 area. It is likely that the pair could maintain its consolidation in the short run. Economic Calendar On Friday, the US Employment data set release could be in the spotlight. The release is scheduled to 12:30 GMT. The week ahead is going to be relatively calm on the economic calendar.
Since Wednesday, the USD/JPY currency pair has been consolidating in the 105.60 area. It is likely that the pair could maintain its consolidation in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Thursday, the US Unemployment Claims data is going to be published at 12:30 GMT. On Friday, the US
The USD/JPY currency pair continues to trade below the monthly PP at 106.09. Note that the pair could gain support from the 100- and 200-hour SMAs and trade sideways in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data is set to be
Since Monday, the USD/JPY currency pair has been trading sideways around the monthly PP at 106.09. It is likely that the pair could gain support from the 55-hour SMA and add to gains in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Wednesday, the US ADP Non-Farm Employment Change data
The USD/JPY currency pair skyrocketed to the monthly PP at 106.09. If the given resistance holds, it is likely that the pair could consolidate in the short run. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing PMI survey results
The USD/JPY currency pair continues to be under pressure of the 55- and 100-hour SMAs near 105.00. It is likely that some downside potential could prevail in the market. Economic Calendar The first week of August is going to be relatively busy on the economic calendar. On Monday, the Institute for Supply Management is going to publish the US ISM Manufacturing PMI survey
The USD/JPY currency pair consolidated near the Fibo 23.60% at 105.03. Given that the pair is pressured by the 55- and 100-hour SMAs, it is likely that some downside potential could prevail. Economic Calendar On Thursday, pay attention to the US Advance GDP and the weekly US Unemployment Claims that should be published at 12:30 GMT. Click on the link below to
The USD/JPY currency pair declined below the 105.00 level. It is likely that some downside potential could prevail in the market, as the pair is pressured by the 55-hour SMA. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement on
The USD/JPY has been consolidating by trading sideways near the weekly S1 simple pivot point at 105.37. Moreover, on Tuesday, the rate retraced back up to the 55-hour simple moving average. Economic Calendar Notable macroeconomic events are set to start with the biggest and most important of them all, the Federal Reserve is scheduled to make a Rate Statement and Rate Announcement
The USD/JPY has sharply declined, as by the middle of Friday's GMT trading the currency exchange rate had reached the 106.20 level. In the meantime, the pair was testing the support of the weekly S2 simple pivot point. Economic Calendar There are no more notable events scheduled for this week. Next week, notable macroeconomic events are set to start with the biggest
The USD/JPY managed to pass the resistance of the pivot point and three hourly simple moving averages. The move was expected, as these technical levels had also failed on Tuesday. However, on Thursday, the 100 and 200-hour SMAs began to provide support to the currency exchange rate. Economic Calendar On Thursday, the US Unemployment Claims data is set to be published at
On Wednesday, the USD/JPY was testing the combined resistance of three hourly simple moving averages and a weekly pivot point. In theory, the rate could pass these resistance levels, as all of them failed to provide support to stop the decline of Tuesday. Economic Calendar There are only couple data releases expected, which could move the USD/JPY pair. On Thursday, the US
On Tuesday, the USD/JPY currency exchange rate traded between the 107.15 and 107.35 levels. Meanwhile, the rate was supported by the 55, 100 and 200 hour simple moving averages at 107.20 and 107.15. Economic Calendar There are only couple data releases expected, which could move the USD/JPY pair. On Thursday, the US Unemployment Claims data is set to be published at 12:30
The USD/JPY currency exchange rate began the week with a sharp surge, which confirmed the borders of a wide channel up pattern. Afterwards, a decline started, which reached the hourly simple moving averages. In the meantime, the rate was supported by the weekly simple pivot point at 107.05. Economic Calendar There are only couple data releases expected, which could move the USD/JPY
Yesterday, the USD/JPY currency pair reversed south from the 107.40 level. It is likely that the pair could gain support from the 55- and 100-hour SMAs, as well the weekly PP in the 107.10 area. Economic Calendar Next week, there are only couple data releases expected, which could move the USD/JPY pair. On Thursday, the US Unemployment Claims data is set to
Yesterday, the USD/JPY currency pair tumbled to the psychological level at 106.70. From a theoretical perspective, it is likely that the pair could continue to trade downwards within a newly revealed falling wedge pattern. Economic Calendar On Thursday, the publication of the US Retail Sales and Unemployment Claims at 12:30 GMT. Take a look at all of the historical reaction tables by
During Wednesday morning hours, the USD/JPY currency pair dropped below 107.00. It is likely that the pair could gain support from the Fibo 38.20% at 106.86 and reverse north in the short run. Economic Calendar On Thursday, the publication of the US Retail Sales and Unemployment Claims at 12:30 GMT. Take a look at all of the historical reaction tables by clicking on
The USD/JPY currency pair raised to the resistance level formed by the 200-hour SMA near 107.30. During Tuesday morning, the pair was testing the given resistance. Economic Calendar This week, data releases are scheduled to start on Tuesday. However, the US CPI data sets have not caused notable moves. Normal volatility remains intact during the release. On Thursday, the publication of the