Since the middle of Wednesday's GMT trading hours, the USD/JPY has traded almost sideways. However, the pair had begun to trade below the 107.50 mark. In the meantime, it could be spotted that the rate is being supported by the 107.00 level. In regards, to the near term future, the rate was expected to trade between 107.00 and 107.50 until
The USD/JPY did not reach the cluster of resistance levels that was located above 109.00. Instead the rate bounced off the 108.75 level and declined to the 107.50 mark. By the middle of the day's GMT trading hours, the rate was expected to head for a strong cluster of technical resistance levels that was spread from 109.10 to 109.34. Economic Calendar During
On Tuesday, the USD/JPY started trading with the passing of the resistance of a simple moving average, which afterwards started to support the currency exchange rate. By the middle of the day's GMT trading hours, the rate was expected to head for a strong cluster of technical resistance levels that was spread from 109.10 to 109.34. Economic Calendar During the week, historical
The decline of the USD/JPY reached below the 107.50 level on Monday morning. Afterwards, a recovery began, which was expected to end during the second part of Monday's GMT trading hours. Namely, the rate was about to face the resistance of a channel down pattern and the 55-hour simple moving average. Economic Calendar During week, data can be ignored, as the fundamental
The USD/JPY declined even more than expected during the last 24 hours. Moreover, it continues to plummet, as, at the time of writing, the rate was heading to the 108.00 level. Moreover, the pair had no technical support levels close by that could stop the decline. Economic Calendar Next week, data can be ignored, as the fundamental background is so much
The 111.50 level held after five attempts to break it. The USD/JPY has plummeted, as it passed all of the support levels from 110.80 to 111.30. By the middle of Thursday's GMT trading hours, the currency exchange rate was about to approach support levels that were located from 109.18 to 109.38. Economic Calendar The week will end with the US Final GDP
As expected, the USD/JPY tested the 111.50 level for a third time and failed at passing it. On Wednesday, another attempt was expected. In general, the rate was set to be pushed higher by the support of the 55 and 100-hour SMAs and the lower trend line of a channel up pattern. Economic Calendar The week will end with the US
On Tuesday, the rate continued to trade near the trading levels of the past few trading sessions. Moreover, it was expected that the pair could test the resistance of the 111.50 level for a third time. In the case of this level failing, the rate could test the 112.00 level, which caused the February drop. Economic Calendar This week is expected
On Friday, the USD/JPY currency pair touched the 111.50 level. During Monday morning, the pair was trading in the 110.50 area. The pair could could use support of the 55-hour SMA and go upwards in the nearest future. Economic Calendar This week is expected to be relatively calm for the USD/JPY pair. On Wednesday, the US Durable Goods Orders data will
During Friday morning, the USD/JPY currency pair was testing the resistance formed by the weekly R1 and the Fibo 61.80% at 110.70. If the given level holds, it is likely that the pair could consolidate. Economic Calendar This week, there are no events left that could impact the USD/JPY currency pair. Next week is expected to be relatively calm for the USD/JPY pair. On
During Thursday morning, the USD/JPY currency pair raised to the Fibo 50.00% at 109.58. If the given level holds, it is likely that the pair could consolidate. Economic Calendar This week, there are no events left that could impact the USD/JPY currency pair. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this week, as the market environment has changed to such a
Yesterday, the USD/JPY currency pair managed to exceed the Fibo 23.60% at 107.02. During Wednesday morning, the pair was trading in the 107.50 area. Economic Calendar This week, there are no events left that could impact the USD/JPY currency pair. Meanwhile, Dukascopy Analytics are not publishing the historical reactions this week, as the market environment has changed to such a degree that
Last week, the USD/JPY managed to surge up to the 108.50 level, where it ended the week's trading. On Monday, the rate dropped, as on Sunday the US Federal Reserve had cut interest rates to zero. During Tuesday morning, the rate was testing the resistance level – the Fibonacci 23.60% retracement at 107.02. Economic Calendar Today, the US Retail Sales could cause a
Last week, the USD/JPY managed to surge up to the 108.50 level, where it ended the week's trading. On Monday, the rate dropped, as on Sunday the US Federal Reserve had cut interest rates to zero. By the middle of Monday's trading hours, the pair had reached three support levels near 105.30. Economic Calendar On Tuesday, the US Retail Sales could cause a
By the middle of Friday's GMT trading hours, the USD/JPY had pierced all of the resistance levels, which faced it from 104.00 to 106.30. If the surge would continue, the rate could reach the 107.65 mark. Economic Calendar Next week, on Tuesday, the US Retail Sales could cause a small move in the markets at 14:30 GMT. On Wednesday, the event of the week
On Wednesday, the USD/JPY currency exchange rate traded above the 103.50 level. In the meantime, the pair was testing the resistance of the 104.00 level. The rate was expected to eventually decline, as it faced a cluster of resistance formed by various technical levels. Economic Calendar The week's data is available. Click on the link below to see the historical data tables with
As expected, the USD/JPY currency exchange rate approached the 106.00 level. However, the rate touched the 105.94 level and reversed. On Wednesday, the rate was trading above the technical support levels that were located from 104.57 to 103.78. Economic Calendar On Wednesday, March 11, the US CPI and Core CPI will be published at 12:30 GMT. The USD/JPY had moved at the
The 102.00 level managed to provide enough support for the USD/JPY to recover. By the middle of Tuesday's GMT trading hours, the rate had reached the resistance of the 100-hour simple moving average at 105.18. If this level would get passed, the 106.00 mark could be reached. Economic Calendar On Wednesday, March 11, the US CPI and Core CPI will be published
The decline of the USD/JPY has experienced another sudden drop. On Friday, the rate dropped to the 102.00 level. On Monday, the currency exchange rate traded sideways between the 102.70 and 102.00 level. The pair appeared to be consolidating the sharp decline. Economic Calendar On Wednesday, March 11, the US CPI and Core CPI will be published at 12:30 GMT. The USD/JPY had
During Friday morning, the USD/JPY currency pair declined below 105.50. Note that the pair is trading near the 2019 minimum located at 104.67. Fed Rate Cut The Federal Open Market Committee cut the Federal Funds Rate to a target range of 1.00% to 1.25% at an unscheduled emergency meeting. The US policymakers announced the cut of the interest rate by a
The USD/JPY currency pair remains under pressure of the 55-hour moving average near 107.50. During Thursday morning, the pair was testing the Fibo 23.60% at 107.02. If the given level holds, the pair could consolidate. Fed Rate Cut The Federal Open Market Committee cut the Federal Funds Rate to a target range of 1.00% to 1.25% at an unscheduled emergency meeting. The
The 55-hour SMA has pushed the USD/JPY currency exchange rate to a new low level. Namely, the 107.00 was tested on Tuesday. The 107.00 was providing psychological support and was strengthened by a 23.60% Fibonacci retracement level. Fed Rate Cut The Federal Open Market Committee cut the Federal Funds Rate to a target range of 1.00% to 1.25% at an unscheduled emergency
The support of the 107.50 level held on Monday, as the pair traded between the 107.50 and 108.50 levels. In the meantime, as the rate traded sideways it was approached by the resistance of the 55-hour simple moving average, which began to push the pair down. US ISM Manufacturing PMI The Institute for Supply Management (ISM) released the US ISM Manufacturing
The USD/JPY has reached a new low level by trading at the 107.50 level. On Monday, the rate was located at this level. The pair was expected to continue to decline to the 107.00 level, as in the morning hours it had retraced back to the 108.50 mark and removed oversold pressure. In addition, there was no technical support as low