30 June, 2017 by Aayush Jindal in Market Analysis
The US Dollar moved higher this week above 112.00 against the Japanese Yen, and traded with a bullish bias.
There is a major bullish trend line with support at 111.50 forming on the 4-hours chart of USD/JPY.
Today in Japan, the Unemployment Rate for May 2017 which comes from the Ministry of Health, Labour and welfare posted an increase from 2.8% to 3.1...
03 March, 2017 by Aayush Jindal in Market Analysis
The Euro made a nice upside move against the Japanese yen recently and broke the 119.80 resistance.
The EURJPY pair also broke a couple of bearish trend lines near 119.80 and 120.00 on the 4-hours chart.
In Japan, the National Consumer Price Index for Jan 2017 (YoY) released by the Statistics Bureau posted a rise of 0.4%, same as the forecast.
27 January, 2017 by Aayush Jindal in Market Analysis
The US Dollar recently rejected once against around the 112.50 level against the Japanese yen, and traded higher.
The USDJPY pair broke a bearish trend line with resistance at 114.50 on the 4-hours chart.
Today, the Japanese National Consumer Price Index released by the Statistics Bureau posted an increase of 0.3% in Dec (YoY).
The Tokyo Consumer Pr...
25 November, 2016 by Aayush Jindal in EURJPY, Fundamental Analysis, Market Analysis, Technical Analysis
EURJPY - Euro Trend Overwhelmingly Positive Vs Japanese Yen
The Japanese yen decline against most major currencies, including the Euro continued this week, as EURJPY traded above 118.00.
There is a crucial bullish trend line formed on the 4-hours chart of EURJPY, acting as monster support for the current bullish trend.
Today, the Tokyo Consumer Price ...