Yen Technical Analysis News Today

Japanese Yen Technical Analysis: Broader Outlook Bearish, USD/JPY Eyes Key Trendline 2021-05-12 05:00:00 Daniel Dubrovsky, Strategist Majors-Based Japanese Yen Index, USD/JPY – Technical Outlook Majors-based Japanese Yen index closed under key support, hinting at losses However, confirmation remains key, especially as momentum appears fading USD/JPY dominant upside focus holding despite March’s top, eyes on support The Japanese Yen may be vulnerable to broader selling pressure. Below is a m...

Japanese Yen Technical Analysis: AUD/JPY, GBP/JPY, USD/JPY Key Levels 2021-05-05 03:00:00 Daniel Moss, Analyst Japanese Yen, AUD/JPY, GBP/JPY, USD/JPY, Cycle Analysis – Talking Points: Cycle analysis suggests the Japanese Yen may be at risk of extended losses against its major counterparts in the coming months. Ascending Triangle hints at gains for AUD/JPY rates. Ascending Channel pattern guiding GBP/JPY rates higher. Key support at 109.00 holding firm for USD/JPY. The Japanese Yen has fa...

Japanese Yen Technical Analysis: USD/JPY at a Big Spot for Directional Themes 2021-04-10 04:00:00 James Stanley, Senior Strategist USD/JPY Technical Forecast: Neutral USD/JPY had a very strong Q1 as the reflation theme drove a bullish trend in the pair. The Q2 open so far has shown a different theme: Is this but a pullback in the bullish theme or is that bullish trend on the verge of coming undone? The analysis contained in a...