Tag Archives: yen

The USD/JPY pair rallied on Tuesday and took out the symbolic level of 142, scoring a fresh 24-year low as the US dollar sprung into life again and while the gap between Japanese monetary policy and its counterparts widens. USD/July hit the highest levels since August 1998. Japan’s Finance Minister …

The Japanese currency has enjoyed a long safe haven and safe investment status in a financial world with plenty of uncurtaining, but as the yen fell to its lowest level against the US dollar in more than two decades this week, analysts have speculated that its safe haven status may …

GBP/JPY found a good support area represented by the bearish target of the last report at 160.85, which forced it to rebound to the upside during the early trading of the current session. Technically, the pair was based on the support level of 160.85. However, we find the simple moving …

GBP/JPY could not achieve the idea of retesting the resistance level 162.40 to complete the mentioned descending official path, touching our desired target at 160.85. Technically, the negativity of Stochastic supports the possibility of a downside move, which comes in conjunction with the negative pressure from the simple moving averages. …

During the previous trading session, the British pound fell against its Japanese counterpart within the expected bearish context, heading for the expected bearish targets at 162.00 and then 161.45. Technically, we tend to the limited positivity and expect a bullish bias in the coming hours, based on the positive crossover …

Negative trading continued to dominate the movements of the pound sterling against the Japanese yen, after it hit the resistance level of 162.65, which forced it to settle negatively. On the technical side, we are inclined to negativity, relying on the clear negativity signs on the stochastic indicator. with because …

The pound fell against the Japanese yen within the bearish bias published in yesterday’s technical report, touching the first target required to be achieved at 161.00, recording its lowest level at 160.80. Technically, we tend to the negativity in our trading, relying on the clear negative crossover on the simple …

The British pound fell against the Japanese yen to reverse yesterday’s expected daily bullish trend. It touched the stop-loss order published during the last analysis at 161.40, recording its lowest level at 161.16. Technically, the pair’s current moves are witnessing a return to pivot below the resistance level of the …

Positive trades dominated the pound movements against the Japanese yen, trying to build on pivot above the support level 161.50. It hovers around the highest level during today’s morning session, 162.35. Technically, we are inclined to the positivity, relying on the positive motive coming from the 50-day simple moving average, …

The British pound achieved the first bullish target required to be touched during the previous analysis at 163.45, recording its highest level at 163.57. Technically, the current moves are witnessing intraday stability below the psychological barrier of 163.00, as we find the negative signs started to appear on the stochastic …