The USD/JPY broke a weekly S2 simple pivot point on Tuesday morning. Due to that reason the pair had no technical support as low as 106.85, and the rate was expected to decline. However, the 107.00 exchange rate level could provide support and stop the fall. Economic Calendar Due to the fundamental changes in the markets, Dukascopy Analytics suggests to note the
USD/JPY has broken out of the squeeze between the 55 and 100-hour simple moving averages. However, the break out did not result in a sharp move, as the pair immediately was stopped by the resistance of the 109.00 level. In regards to the near term future, it was most likely expected that the rate could be pushed up by the
The decline of the USD/JPY passed the support of the 55-hour simple moving average and touched the 108.50 mark. By the middle of the day's GMT trading hours, the pair had rebounded from this level and reached the 109.00 mark. In the meantime, the rate was expected to get squeezed in between the 55 and 100-hour simple moving averages. Economic Calendar As
The USD/JPY made two failed attempts to pass the resistance of the 109.30 level. Afterwards, the currency exchange rate declined until it found support of the 55-hour simple moving average. By the middle of Tuesday's GMT trading hours, the rate had surged, as it was pushed up by the mentioned SMA. Economic Calendar As it occurred during the last week, due to
On Monday morning, the USD/JPY reached the 109.40 level. The pair traded at this level shortly, as it tested the resistance of three technical levels from 109.24 to 109.40. By the middle of the day's GMT trading hours, the pair had bounced off the resistance levels and was declining. Economic Calendar As it occurred during the last week, due to the fundamental
At mid-day on Thursday, a fundamental jump occurred on the USD/JPY charts. During the sudden surge, the rate passed the resistance of the 55 and 100-hour simple moving averages and a 38.20% Fibonacci retracement level from 107.60 to 107.90. On Friday, these levels provided support, and the pair continued its surge. Economic Calendar As it occurred during the last week, due to
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