The technicians at Citi FX say they are increasingly worried about a sharp fall … In my opinion, the monthly USD/JPY chart shows the potential for a further downside correction, at the very least. They also see vulnerability in yen crosses …
The technicians at Citi FX say they are increasingly worried about a sharp fall … In my opinion, the monthly USD/JPY chart shows the potential for a further downside correction, at the very least. They also see vulnerability in yen crosses …
To the downside, support levels lie at 81.05, 80.80 and 80.50. The technical picture remains bearish, however, for Valeria Bednairk, Chief Analyst at FXstreet.com: “In the 4 hours chart indicators hold in negative territory while price aims to break …
If the S&P TL gives way and USD/JPY enters its weekly Cloud, it will be a quick trip to several daily chart props by 80.00, while a clear rebound from the uptrend in S&P500 would serve up another selling opportunity near-term. If markets become too …
Below, support is seen initial from around 82.85, retracement lows in late New and early Asian trading. More support is eyed ahead of 82.60, another level on the hourly chart.
Technically, there is some support ahead in the 81.30-40 window, a level on the hourly chart. USD/JPY trades 81.54/56 with the range so far this morning in Asia a very tight 81.50-59.
USD/JPY has been on a tear lately but this could be the beginning of an even stronger rally. I don’t use Ichimoku charts at all but this pattern is so significant that I have to mention it. The first chart shows that we are at the cusp of a …
USD/JPY has been on a tear lately but this could be the beginning of an even stronger rally. I don’t use Ichimoku charts at all but this pattern is so significant that I have to mention it. The first chart shows that we are at the cusp of a …
(eToro Blog) This week, we took a closer look at guru pyruss, a trader from Portugal with 3701 followers and 492 copiers. Pyruss primarily trades the EUR/USD pair, giving it an allocation of 93.6%, but also the AUD/USD with a 4.6% allocation and USD/JP…
(eToro Blog) A bullish sentiment for the USD/JPY pair dominates on OpenBook, where the pair is currently trading at 79.98 while a similar bullish trend is being seen on the EUR/JPY pair, currently at 106.11. As markets have been primarily focused on th…
USD/JPY never got down to even close to the 78.18 low seen Wednesday with the downside limited to 78.36 in London. The hourly chart shows support around 78.70. USD/JPY trades 78.85/88 with the range so far in Asia this morning 78.84-93.