The US Dollar has continued to trade near the 111.00 mark. However, on the daily chart
The USD/JPY currency exchange rate was stranded between SMAs during the morning hours of Friday's session.
The 55-hour simple moving average is likely to guide the pair in this session.
The monthly resistance level at 111.20 pressurizes the USD/JPY currency pair downwards on Tuesday.
The fresh weekly S1 has managed to provide enough support to push the currency exchange rate higher.
A breakout from 112.10 should be the beginning of another decline.
The US Dollar bounces off the 55-hour SMA with a surge early on Thursday.
The rather weak junior ascending pattern of the USD/JPY remains in force. Namely, the rate continues to surge on Friday,
The US Dollar has skyrocketed against the Japanese Yen,
There was a large increase of volatility on the USD/JPY. However,
The US Dollar has fallen against the Japanese Yen more than it was expected.
On Thursday the USD/JPY currency pair revealed a medium term ascending pattern.
On Thursday the USD/JPY currency pair revealed a medium term ascending pattern.
The surge of the USD/JPY has ended.
The surge of the US Dollar against the Japanese Yen continued on Tuesday, as a new high level was reached.
On Monday, the USD/JPY currency exchange rate had retreated after booking a new high level.
On Friday morning the USD/JPY currency exchange rate continued to surge, as it passed the resistance
On Thursday morning the US Dollar had returned to trade above the strong cluster of levels of significance that was located near the 110.20 mark.
On Wednesday morning, the USD/JPY currency exchange rate had remained in the trading range of the previous trading session.
On Tuesday morning the US Dollar had not managed to pass the support of the weekly S1 and a monthly pivot point.
On Monday morning the USD/JPY rate had paused the plummeting downwards that occurred after the currency exchange rate passed the long term ascending channel's support line.
On Friday morning the USD/JPY currency exchange rate traded below a strong resistance cluster.
A two day surge, which began on June 19, continued on Thursday, as the US Dollar reached higher against the Japanese Yen.
The USD/JPY exchange rate plummeted due to the US and China rising trade tension.