USDJPY – US Dollar Primed For Lift-Off Vs Japanese Yen

USDJPY - US Dollar Primed For Lift-Off Vs Japanese Yen Key Highlights The US Dollar traded higher against the Japanese yen, and remained above the 113.50 support. There is a monster bullish trend line formed on the 4-hours chart of USDJPY, which acted as a support on many occasions. Today in Japan, the Gross Domestic Product released by the Cabinet Office posted a r...
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USDJPY – Trend Change for Dollar to Yen? Let’s Find Out

USDJPY – Trend Change for Dollar to Yen? Let’s Find Out Key Highlights The US Dollar after a monstrous rally against the Japanese yen found sellers at 113.80-114.00. There was a crucial bullish trend line on the 4-hours chart of USDJPY, which was broken at 112.50 to ignite a downside move. Today in Japan, the Unemployment Rate from the Ministry of Health, Labour...
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USDJPY – A Look at the Weekly Chart of Dollar to Yen

USDJPY – A Look at the Weekly Chart of Dollar to Yen Key Highlights The US Dollar started trading higher after forming a base near 100 against the Japanese yen. The weekly chart of the USDJPY pair suggests a major upside move in USDJPY. Today, the Chinese housing price index, released by the National Bureau of Statistics posted a rise of 12.3% in Oct 2016. Late...
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USDJPY – Can Dollar Overcome US Election Pressure?

USDJPY – Can Dollar Overcome US Election Pressure? Key Highlights The US Dollar spiked towards the 105.40 area against the Japanese yen, but found sellers. Earlier, the USDJPY pair broke a bullish trend line on the 4-hours, which ignited a downside move towards 102.50. Today, the Japanese Current Account released by the Ministry of Finance posted a trade surplus o...
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USDJPY – US Dollar Poised For Further Gains Vs Japanese Yen

USDJPY – US Dollar Poised For Further Gains Vs Japanese Yen Key Highlights The US dollar remained in an uptrend against the Japanese yen, as it moved above 104.00. There was a descending channel pattern formed on the 4-hours chart of USDJPY, which was broken to clear the 104.00 resistance. Today, the Consumer Confidence will be released by the Conference Board, wh...
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USDJPY – Can US Dollar Continue Uptrend Vs Japanese Yen?

USDJPY – Can US Dollar Continue Uptrend Vs Japanese Yen? Key Highlights The US Dollar traded above the 103.00 handle against the Japanese yen, and broke a major resistance. There was a crucial bearish trend line formed on the daily chart of the USDJPY pair, which was cleared by the Dollar bulls. Today in Japan, the Machinery New orders, released by the Cabinet Off...
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USDJPY – US Dollar At Make-Or-Break Levels Versus Japanese Yen

USDJPY - US Dollar At Make-Or-Break Levels Versus Japanese Yen Key Highlights The US dollar is making an attempt to move higher versus the Japanese yen, but faces a major hurdle. There is a monster descending channel pattern formed on the 4-hours chart of USDJPY, which is acting as a downside move catalyst. Today, the Japanese National Consumer Price Index released ...
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USDJPY – Dollar Set For Further Declines Vs Japanese Yen Post Fed Decision

USDJPY – Dollar Set For Further Declines Vs Japanese Yen Post Fed Decision Key Highlights The US Dollar remained in a downtrend against the Japanese yen, and may slide further. When we look at the daily chart of the USDJPY pair, then there is a major bearish trend line protecting the upside move. The fed interest rate decision was announced recently in which the c...
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USDJPY – US Dollar Remains Buy On Dips Vs Japanese Yen

USDJPY – US Dollar Remains Buy On Dips Vs Japanese Yen Key Highlights US Dollar managed to bounce recently against the Japanese Yen from a perfect technical support. There is a bullish trend line formed on the 4-hours chart of USDJPY, which acted as a barrier for sellers and pushed the pair back up. Today in Japan, the Foreign investment in Japan stocks figure was...
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USDJPY – Japanese Yen Buyers Back In Control

USDJPY – Japanese Yen Buyers Back In Control Key Highlights The US Dollar after a solid ride against the Japanese yen found sellers and moved down. There was a move below the 200 simple moving average on the 4-hours chart of USDJPY, which is a bearish sign. Today in Japan, the Gross Domestic Product figure was released by the Cabinet Office. The forecast was sl...
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