USD / JPY shows resistance below the 104.00 level and attracts some buying at lower levels on Monday. The intraday setup favors bullish traders, through oscillators on the daily chart that warrant caution. The USD / JPY is building on its positive intraday move, from below the 104.00 level, and has reached new daily highs […]
Tag: USDJPY
USD / JPY recovers the initial drop and rises towards 104.20, the rise seems limited
Softer risk sentiment benefited the safe haven JPY and put some pressure on the USD / JPY. A combination of factors helps the pair to reverse the intraday decline below 104.00. Hopes for fiscal stimulus in the US could continue to weigh on the USD and limit the pair’s gains. The pair USD / JPY […]
USD / JPY moves back above 104.00 level as US yields rise
US yields have risen and the yield curve has been steepened by worse-than-expected US data, pushing USD / JPY higher. USD / JPY has risen above 104.00. The USD/JPY it has risen above the 104.00 level again following the US labor market report on Friday November. The pair is moving away from the highs of […]
USD / JPY remains below 104.00 after November US NFP report.
USD / JPY struggles to make a decisive move in either direction on Friday. Nonfarm payrolls in the US increased by 245,000 in November. The US Dollar Index remains depressed near 90.50 after the data. The pair USD/JPY It shot to a fresh daily high of 104.12 on knee-jerk reaction to the November US jobs […]
USD / JPY consolidates in a range around the 104.00 level before the NFP
USD / JPY manages to bounce around 20-25 pips from the lows, although it lacks continuation. Fiscal stimulus in the US and pessimistic expectations from the Fed weigh on the USD and limit the pair’s gains. Optimism for the COVID-19 vaccine weighs on the JPY and helps limit the slide before the NFP. The pair […]
USD / JPY dips below 104.00 amid USD decline
USD / JPY fell below the 104.00 level on Thursday amid a broad continuation of USD weakness. The pair now broke a medium-term uptrend, which could open the door to a test of the November lows. The USD/JPY it has dipped below 104.00 in recent trading, setting lows at 103.68 before falling back to current […]
USD / JPY falls towards 104.00 amid the USD sell-off
USD / JPY turned south after closing in positive territory on Wednesday. The US Dollar Index suffers heavy losses below 91.00. Eyes on US Unemployment Claims and Services PMI data After climbing to a new weekly high of 104.76 on Wednesday, the pair USD/JPY it turned south on Thursday under pressure from persistent selling pressure […]
USD / JPY extends retracement towards 104.30 / 25 region
The sustained selling bias of the USD fails to help the USD / JPY capitalize on its initial rally to the 104.55 zone. Optimism about the COVID-19 vaccine weighs on the safe-haven JPY and could help limit the pair’s losses. Investors focus on initial weekly jobless claims and US ISM services PMI. The pair USD/JPY […]
USD / JPY falls to 104.50, remains in positive territory
Yen makes up some of the lost ground, but remains under pressure. Dollar with mixed results, DXY moves away from highs. USA: Signs of a slowdown in the labor market. The USD / JPY fell back from one-week highs and fell to the 104.50 area, remaining in positive territory and far from the day’s lows. […]
USD / JPY recovers above the 104.50 level
USD / JPY is trying to bounce along with the DXY index. Risk aversion returns after another all-time high on Wall Street. Investors’ attention is focused on updates on US fiscal stimulus and ADP employment data. Once again have appeared new purchases near the 104.20 region, allowing the USD / JPY pair to rebound above […]