Despite the US rate hike impacting the USD/JPY, the fundamental event appears to have only set the direction of the rate. Namely, the pair still finds support in round exchange rate levels. On Thursday, the 130.50, 131.00 and 131.50 were acting as support and resistance. Economic Calendar Next week, the US Core PCE Price Index might impact the financial markets through the
The decline of the USD/JPY eventually found support in the weekly S1 simple pivot point at 130.53 and started a recovery. By the middle of Tuesday's trading, the pair was approaching the 132.50 level's resistance. However, future outlook was set to be dictated by the US Federal Reserve Rate hike on Wednesday at 18:00 GMT. Economic Calendar The top event of them
The USD/JPY passed below the support zone at 132.50 on Thursday. However, support was provided by the weekly S2 simple pivot point near 131.75. Afterwards, the rate shortly recovered to the resistance of the 100-hour simple moving average, before resuming its decline. On Friday, the pair had once again reached below 132.50. Economic Calendar Next week, the top event of them all
The resistance of the 135.00 mark has held and the pair has declined to the support zone near 132.50. The decline is being attributed to a broader run to safety. The run to safe assets has been caused by the crash of Credit Suisse. Economic Calendar This week, scheduled events are over. Next week, the top event of them all is set to
This week, the USD/JPY has been recovering from the 132.50 level's support. By the middle of Tuesday's European trading, the currency pair had approached the 135.00 level. Economic Calendar The top event of the week was the US Consumer Price Index release, which hit market forecasts on Tuesday at 12:30 GMT. However, there are more events that are expected to impact the
The USD/JPY currency pair has found support in the 130.00 mark. However, it appears that all attempts to surge are being stopped in the 131.20/131.85 range. In this range all this week surge attempts have been reversed. Economic Calendar The top event of the week will take place on Tuesday at 13:30 GMT. The US Consumer Price Inflation data will be published
The comments made by Jerome Powell on Tuesday at an interview caused a drop of the US Dollar. On the USD/JPY currency exchange rate charts it resulted in a decline to the combined support of the 130.50 level and the 100-hour simple moving average. Economic Calendar There are no scheduled events, which might impact the currency exchange rate. Hourly Chart A move below
The USD/JPY reached a new high on Monday, as it tested the 133.00 level. However, the level held and a retracement downwards occurred. On Tuesday morning, the currency pair was finding support in a zone near 131.50 and the 50-hour simple moving average. Economic Calendar There are no scheduled events, which might impact the currency exchange rate. Hourly Chart A resumption of the
The USD had been declining since the US Chairman's press conference. However, the situation changed on Friday, as the US monthly employment data revealed a stunning growth in the data. The USD/JPY jumped and by the US market open at 14:30 GMT was reaching the 130.50 mark. Economic Calendar Next week, there are no scheduled events, which might impact the currency exchange
The USD/JPY continues to fluctuate around the 130.00 level. Note that even the hourly moving averages are located now at that level. Previous forecast scenarios have been left unchanged. In general, the pair waits for future direction in the form of the US Federal Reserve Rate hike on Wednesday at 19:00 GMT. Economic Calendar On Wednesday, the ADP Non-Farm Employment Change, JOLTS
Despite other currencies dropping against the US Dollar, it appears that the Yen is holding its ground. The USD/JPY continues to fluctuate around the 130.00 level. Note that even the hourly moving averages are located now at that level. Previous forecast scenarios have been left unchanged. Economic Calendar This week, various events will impact the markets. In general, fundamentals are set to
The USD/JPY is ignoring the technical levels like the weekly simple pivot point and hourly moving averages. The reason for the moves is the fact that the pair is waiting for the Wednesday's US Federal Reserve Rate hike. Economic Calendar This week, various events will impact the markets. In general, fundamentals are set to impact the currencies. On Tuesday, at 15:00 GMT,
The decline of the USD/JPY passed one technical support level after another until it reached the 129.00 mark on Thursday morning. The round level acted as support and caused a surge up to the 130.00 level. It was observed that the 130.00 mark was acting as resistance. Namely, the main conclusion was that the round exchange rate levels are set
The lower trend line of the channel up pattern kept the USD/JPY up for 17 hours straight. On Wednesday, at 09:00 GMT, the currency pair passed below the trend line and a sharp decline had started. By 10:00 GMT, the pair had reached below 130.00. Economic Calendar On Thursday, the US Advance GDP data is set to reveal whether the United States
This week, the USD/JPY continued to trade near 130.50. Meanwhile, it was spotted that the currency pair has been ascending in a channel up pattern since January 18. Economic Calendar On Thursday, the US Advance GDP data is set to reveal whether the United States are or are not experiencing a decline in the Gross Domestic Product at 13:30 GMT. The Advance
In the aftermath of the volatility and testing of the 131.50 mark, which was caused by the bank of Japan, the USD/JPY currency pair has returned to trade between 128.00 and 129.00. It was observed that the 50-hour simple moving average near 129.00 had turned into resistance, as the 128.00 mark acted as support. Economic Calendar Watch out for the incoming release
The announcements of the Bank of Japan this morning caused a major increase of volatility. The pair surged up to the resistance of the 131.50 level. However, by the middle of the day's European trading hours, the pair had retraced back to 129.00. Economic Calendar Watch out for the publication of the US Producer Price Index data on Wednesday at 13:30 GMT.
The decline of the USD/JPY has revealed a support zone at 127.22/127.45. Meanwhile, resistance is being found near the 128.50 level. Economic Calendar Watch out for the publication of the US Producer Price Index data on Wednesday at 13:30 GMT. The data will reveal inflation at the production level. In addition, the US Retail Sales data is set to be published together
The United States Bureau of Labour statistics has just now released the latest Consumer Price Index data. The data reveals how the US inflation has changed during the last month. All data numbers hit the forecasts. Due to the event the USD/JPY dipped to 129.50, before recovering back up to almost 131.00. Economic Calendar Next week, watch out for the publication of the
During the first half of Wednesday's trading hours, the USD/JPY currency pair was testing the resistance of the 132.45/132.65 zone. Economic Calendar This week, the US Consumer Price Index release is set to dictate the short term direction of all financial markets. The data will be published on Thursday at 13:30 GMT. Hourly Chart A recovery of the US Dollar and move
The USD/JPY currency pair has been fluctuating between the support of the 131.30/131.40 zone and resistance at 132.45/132.65 since the start of this week's trading. Meanwhile, the pair was observed to be ignoring the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point at 131.90/132.50. Economic Calendar This week, the US Consumer Price Index release is set to
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. The following surge had reached the late December high level zone 134.50. Economic Calendar On Friday, The United States employment data release at 13:30 GMT is highly likely going to impact the US Dollar. Later on, at 15:00 GMT the ISM Services PMI
On Wednesday, the USD/JPY surged and managed to reach above 131.50. By the end of the day's European trading hours, the pair had reached above 132.50. Economic Calendar On Thursday, the US ADP Non-farm Employment Change might impact the value of the US Dollar at 13:15 GMT. On Friday, The United States employment data release at 13:30 GMT is highly likely going
With the opening of the US futures market, the USD experienced major demand, which pushed the USD/JPY currency pair up to the combined resistance of the 131.00 mark and the 50-hour simple moving average. However, prior to the recovery the pair had reached the 129.50 level. Economic Calendar This week, on Wednesday, the US ISM Manufacturing PMI and JOLTS Job Openings could