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Bookmark or Share- USDJPY: What’s Next After Today’s 560-Pip Move?The USDJPY traded to fresh 34-year highs on Monday just as the Bank of Japan (BoJ) intervened, or so we think. I figured they would hold off until at least USDJPY 155.60, which they did. If you saw my video a few weeks ago, 160.40 was a key resistance for the pair dating back to the 1990s.
- USD/JPY Discussion | Page 4434 | Forex FactoryUSDJPY price action on the daily time frame went sideways towards the end of last week as it tackles the horizontal resistance within the 157.780/158.110 area. The technical impulse favours further northward move. I may be wrong. Trade safe and prosper. KP
- Weekly Forex Forecast For DXY, EURUSD, GBPUSD, USDJPY, and AUDUSDThe US dollar tested critical resistance on Friday, but can dollar bulls force a reclaim next week, or will the USD weaken once more? Find out in today’s forecast video and see how I’m trading the DXY, EURUSD, GBPUSD, USDJPY, and AUDUSD next week. The DXY is testing the 102.60 resistance level today, an area and target I’ve discussed for ...
- USD/JPY Discussion - Forex FactoryDo not have the statistical probabilities on this but the UsdJpy normally retraces to atleast the 23.6 level of the weekly highs and lows. Obviously there is a very strong uptrend. Attached Image
- USD/JPY Discussion | Page 4433 | Forex FactoryThe USDJPY price action on the daily time frame went sideways on Friday after a bullish break-out from the 155.400 immediate horizontal resistance area on Thursday. On Friday, price action printed a relatively moderate bearish candlestick which retested the 156.370 horizontal support. Technicals favour further northward momentum. I may be wrong.
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