Category: USD/JPY

USDJPY analysis

USD/JPY – Is the seasonality bearish factor in January will change the direction

The USD/JPY price lost significant gains by the end of the year, thanks to BoJ’s policy tweak. The daily chart shows multiple bearish crossovers. This shows a strong downtrend in play. The price is currently supported by a critical level of 131.00. However, the level looks feeble against the price action. The seasonality factor for […]

Explore Content
Technical Analysis usdjpy

USD/JPY – Continued consolidation or continued trend?

The USD/JPY remained in a consolidation last week. The pair is eying the Bank of Japan’s meeting next week that may stimulate the market. Technically, the pair remains supported by the 200-day SMA. However, the support looks feeble and may be dominated by the sellers. The upside potential has been barred by the 20-day SMA. […]

Explore Content

Thank You for Contacting Us!

Your email has been successfully submitted and we will get in touch with you shortly