JPY
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Trade of The Day – GBP/JPY
Facts: The bounced off the lower limit of 1:1 structure at 217.52 Main trend on the pair remains upward Recommendation:…
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Japan Signals Readiness to Act on Yen Weakness
Japan’s Finance Minister Satsuki Katayama said on Wednesday that the government remains prepared to intervene in currency markets if excessive…
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EUR/JPY Price Tests ascending triangle top above 186.00
EUR/JPY is testing the ascending triangle’s upper boundary near 186.20. The 14-day Relative Strength Index at 57.48 suggests constructive but…
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EUR/JPY Holds gains above 185.50 near nine-day EMA support
EUR/JPY may rise toward the ascending triangle’s upper boundary near 186.10. The 14-day Relative Strength Index is around 53 and…
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Japanese Yen consolidates against US Dollar amid uncertainty over future of Middle East
The Japanese Yen trades calmly around 162.50 against the US Dollar amid uncertainty over the future of the Middle East.…
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AUD/JPY Price Gains ground above 113.50, bullish trend holds above 100-day SMA
AUD/JPY gains traction to near 113.85 in Tuesday’s early European session. The cross maintains a constructive tone above the 100-day…
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Chart of the Day: USDJPY – The Dollar Wins Another Round, but Tokyo Is Preparing a Response
The USDJPY market currently resembles another round of a fight between two heavyweight contenders. On one side stands the dollar,…
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Japanese Yen hangs near four-decade low as bears turn cautious amid intervention risks
USD/JPY struggles to gain any meaningful traction amid mixed fundamental cues. Intervention risks hold back the JPY bears from placing…
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EUR/JPY Price Holds above nine-day EMA support at 185.50
EUR/JPY may find immediate resistance at the ascending triangle top near 186.10. The 14-day Relative Strength Index of 55.33 signals…
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Japanese Yen softens on renewed US-Iran tensions, Japan flags intervention risk
USD/JPY trades with mild gains around 162.40 in Friday’s Asian session. The US is carrying out major strikes on Iran…
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