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
The USD/JPY has plummeted down to the 108.50 level. Despite a decline being expected by Dukascopy Analytics, the sharpness of the decline was not forecast. On Friday, the rate appeared to be finding support in the 108.50 level, which was strengthened by a weekly pivot point at 108.58. Economic Calendar Next week, already on Monday, a data release could cause a notable move.
On Thursday, the 55-hour simple moving average was pushing the USD/JPY currency exchange rate through the support of the 110.00 level. During the second half of the day's GMT hours the pair reached the 109.70 level. Economic Calendar No more relevant data for the pair is scheduled to be released during this week. However, next week's data is available. Click on the link
The USD/JPY currency exchange rate had reached the 110.00 level on Tuesday. From this level, the pair rebounded to test the resistance levels that were located above 110.50. The future scenarios were based upon what would happen at the technical resistance levels. Economic Calendar During the week there are no notable events that might impact the currency exchange rate. However, some economic calendars
On Tuesday morning, the USD/JPY currency exchange rate declined below the 200-hour simple moving average and below the 110.50 level. However, it did not indicate that the pair would continue to decline, as the same type of piercing of these levels also occurred on Monday. It was not followed by a further drop of the pair. Economic Calendar During the week there
On Monday, the USD/JPY was approaching the support of a weekly PP and the 100-hour SMA near the 111.15 level. If this level keeps the rate up, it could once again test the 112.20 level. Economic Calendar During the week there are no notable events that might impact the currency exchange rate. However, some economic calendars have US events listed as high impact.
On Friday, the USD/JPY retraced down to the 111.50 level, where it was about to meet with the support of the 55-hour simple moving average. The 55-hour simple moving average could provide the pair with the needed support to push through the resistance of the 112.20 level. USD/JPY 2.34% surge Since Wednesday, February 19, the Japanese Yen depreciated 2.34% or 257
By the middle of Thursday's trading, the USD/JPY had reached the 112.00 level. Since the middle of Tuesday's flat trading, the pair had surged more than 2.25%. The reasons for the surge were two sided. The US Dollar was gaining strength, as the US Dollar index had reached a historical high level. In the meantime, the Yen was losing value due
The USD/JPY continued to ignore technical levels. After passing various support levels and trading below them, on Tuesday, the rate began a sharp surge. By the middle of Wednesday's GMT trading hours the rate had jumped above the 110.40 level. In general, the surge was caused by fundamentals associated with the coronavirus, as the Japanese Yen has been abandoned as a
As expected, on Monday, the USD/JPY reached for the 110.00 level, which it almost reached. The pair shortly traded above the 109.95 level before starting a decline. By the middle of Tuesday's London trading hours, the pair had dropped down to the 109.70 level. During the decline, the rate passed three hourly SMAs, the weekly PP and the lower trend line
On Monday, the USD/JPY was set to surge. The rate was expected to reach for the resistance of the 110.00 level, as it had passed technical resistance levels that were located from 109.80 top 109.85. In the near term future, the 110.00 was expected to provide psychological resistance. Economic Calendar This week, there is only one event that could influence the USD/JPY rate. On
The USD/JPY currency pair consolidated at 109.80. Given that the pair is squeezed by the 55-, 100- and 200-hour SMAs, it is likely that the pair could continue to consolidate. Economic Calendar Today, the US Retail Sales data will be out also at 13:30 GMT. This event has caused moves on the USD/JPY pairs since September 2019 from 8.7 to 25.4 base points. Next
The USD/JPY currency pair failed to surpass the psychological level at 110.00 once again. The pair tumbled to 109.70. Note that the currency pair could gain support of the 200-hour SMA and reverse north in the short term. Economic Calendar This week's event have been analysed. Today, the US CPI data sets are set to be published at 13:30 GMT. The USD/JPY has
The USD/JPY currency pair failed to surpass the psychological level at 110.00. Given that the rate is supported by the 55- and 100-hour SMAs, it is expected that another attempt to reach the 110.20 level is about to occur in the nearest future. Economic Calendar This week's event have been analysed. On Thursday, the US CPI data sets are set to be published at
The USD/JPY has remained below the 110.00 level. In the meantime, the pair has gained support of the 55- and 100-hour moving averages in the 109.80 area. In general, it was expected that another attempt to reach the 110.20 level was about to occur. Economic Calendar This week's event have been analysed. On Thursday, the US CPI data sets are set to be published
The USD/JPY has remained below the 110.00 level. In the meantime, the pair has been approached by the 55-hour SMA and it has made a dip below the 109.65 mark. In general, it was expected that another attempt to reach the 110.20 level was about to occur. Economic Calendar This week's event have been analysed. On Thursday, the US CPI data sets are set
The USD/JPY has remained below the 110.00 level. In the meantime, the pair has been approached by the 55-hour SMA and it has made a dip below the 109.70 level. In general, it was expected that another attempt to pass the 110.20 level was about to occur. Economic Calendar US employment data sets are scheduled to be published on Friday at 13:30 GMT.
On Thursday, the USD/JPY traded sideways below the 110.00 level. The sideways trading was expected to continue until the rate is approached by the support of the 55-hour simple moving average. Meanwhile, it was possible that the rate could decline down to the SMA instead of waiting for it to move upwards. Economic Calendar This Friday, the US employment data sets are set
On Wednesday, the USD/JPY rate broke resistance levels near 109.60 and reached the 109.80 level. During the middle of the day's GMT trading hours, it was expected that the rate would test technical resistance levels that were located above 109.90. Economic Calendar US employment data sets are scheduled to be published on Friday at 13:30 GMT. Moves from 19.5 to 49.8 pips have
As the run to safety ended on Monday, the USD/JPY began to surge due to the Japanese Yen being sold off. By the middle of Tuesday's European trading hours, the currency exchange rate had broken various resistance levels and reached above the 109.00 level. Economic Calendar On some calendars, on Wednesday, the ADP Non-Farm Employment Change is shown as a high impact data
On Monday, the USD/JPY was testing resistance levels after reaching below the 108.40 level. In general, the currency exchange rate was expected to continue to decline. A decline could occur, as soon as the hourly simple moving averages catch up with the rate. Economic Calendar At 15:00 GMT the US ISM Manufacturing PMI could cause a move on the USD/JPY from 20.0 to
The squeeze of the USD/JPY between the 55 and 100-hour simple moving averages, as expected, resulted in a break out. The exchange rate broke out to the downside and reached the 108.60 level, exceeding expectations. By the middle of Friday's GMT trading hours, the pair was located between the resistance of the mentioned SMAs near 109.00 and the support of a
On Thursday, the USD/JPY once again retreated to the support of the 108.80 level, which has kept the rate up throughout this week. In the meantime, the pair has passed the support of a trend line, which was recently added by connecting the January low levels. Economic Calendar There are no more event scheduled for this week that might impact the USD/JPY currency
The rate ended trading sideways on Tuesday and slightly surged until it was squeezed in between the 55 and 100-hour simple moving averages at 109.03 and 109.18. In general, any squeeze ends with a break out. In this case it could result in a surge to 109.55 or a drop to 108.90. Economic Calendar On Wednesday, the US Federal Funds Rate is scheduled