USD/JPY Daily Chart Analysis
USD/JPY sharp dip as prices reach 160 Technical Analysis of USD/JPY: USD/JPY has demonstrated heightened volatility, oscillating within a wide range of 155.15-160.20, accentuated by
The Week Ahead-Top Economic Events impacting Currencies and Gold
Dollar Index: The focus is largely on the upcoming Federal Open Market Committee (FOMC) meeting and the Non-Farm Payroll (NFP) data, which are significant for
USD/JPY Daily Chart Analysis
USD/JPY bullishness continues as 156 Level for Next Resistance As of April 25, 2024, USD/JPY has successfully breached the 155 level, which has been a
The Week Ahead-Top Economic Events impacting Currencies and Gold
Dollar Index: The U.S. dollar is experiencing a significant rally, with the Bloomberg Dollar Spot Index registering its biggest weekly gain since September 2022. The
USD/JPY Daily Chart Analysis
USD/JPY bullish on 154 level. Key test to 155 Level The USD/JPY pair has demonstrated resilience amid market de-risking, managing to find support at the
The Week Ahead-Top Economic Events impacting Currencies and Gold
Dollar Index: Inflation Data:US inflation data came in higher than expected in March, reinforcing expectations that the Federal Reserve will maintain higher interest rates for
USD/JPY Daily Chart Analysis
USD/JPY in Range ,151 still acts as the key Level USD/JPY is exhibiting signs of a consolidated trading pattern, remaining confined below the 152.00 threshold
The Week Ahead-Top Economic Events impacting Currencies and Gold
Dollar Index: Inflation Data: Investors are awaiting further indications of future U.S. interest rate cuts, with a focus on U.S. core personal consumption expenditure (PCE)
USD/JPY Daily Chart Analysis
USD/JPY consolidates within the 151 range Technical Analysis: The USD/JPY pair achieved a modest new 34-year high at 151.971, eclipsing the peak set in 2022.
USD/JPY Daily Chart Analysis
USD/JPY consolidates within the 151 range USD/JPY displayed resilience after a dip toward Friday’s low of 151, which corresponded to the 50% Fibonacci retracement level