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USD/JPY ripped back into Fibonacci resistance with the May opening-range taking shape just below. These are the levels that matter on the weekly technical chart.
Japanese Yen Forecast: USD/JPY Rally at Risk into Resistance / FOMC 2021-03-16 17:42:00 Michael Boutros, Strategist Japanese Yen Technical Price Outlook: USD/JPY Weekly Trade Levels Japanese Yen technical trade levels update – Weekly Chart USD/JPY breakout extends into confluent trend resistance Constructive while above 107.31 – Key resistance at 109.68/92 Advertisement The Japanese Yen virtually unchanged against the US Dollar this week with the USD/JPY breakout stalling into trend resistance early i...
Japanese Yen Outlook: USD/JPY Breakout- Bulls Drive For Seventh Day 2021-02-04 17:30:00 Michael Boutros, Strategist Japanese Yen Technical Price Outlook: USD/JPY Weekly Trade Levels Japanese Yen technical trade levels update – Weekly Chart USD/JPY breakout extends into February open Constructive while above 104.18 – Initial resistance objectives in view at 106 Advertisement The Japanese Yen is off more than 0.7% against the US Dollar this week with a breakout in USD/JPY fueling a rally of more than 2....