USDJPY

USDJPY pair has been caught in a sideways trading range, capturing the attention of traders and analysts alike. For several days, the pair has been oscillating between the 150.26 and 151.96 levels, a range that has become a crucial battleground for bulls and bears. Consolidation or Continuation? As the pair continues its range-bound trajectory, traders…

The USDJPY pair has recently encountered a significant development, capturing the attention of traders and analysts alike. The pair has broken below the rising trend line on the 4-hour chart, suggesting that a lengthier consolidation phase for the uptrend from the 146.47 level is currently underway. Key Support Level: A Pivotal Juncture As the pair…

The USDJPY pair has recently experienced a pullback, capturing the attention of traders and analysts alike. After reaching a high of 151.81, the pair has retreated to as low as 150.26, facing a crucial support level – the rising trend line on the 4-hour chart. Trend Line Support: A Pivotal Level As the pair navigates…

The USDJPY pair has recently experienced a significant breakout, capturing the attention of traders and analysts alike. The pair has successfully breached the 150.88 resistance level, and its upside move from 146.47 has extended to as high as 151.33, signaling a potential shift in momentum. Bullish Momentum Gains Traction The recent break above the 150.88…