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Technically, the pair faces resistance at 148.65, with key support at the 50 EMA and downside risk toward 145.00 and 142.00.
This trend highlights the cautious sentiment among Japanese institutional investors despite the positive trade developments.
The US dollar looks as if it is trying to give back some of the gains from the previous session. At this point in time, the ...
AUD/USD and NZD/USD remain bullish despite strong volatility, while USD/JPY looks poised for further upside after breaking ...
Risk-off sentiment is creating complications for short U.S. dollar positions against safe havens, which inherently come with ...
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This USD/JPY pair explores what to expect now that it has formed an inverse cup and handle pattern on the daily chart.
What is your sentiment on USD/JPY?
The USD/JPY exchange rate retreated below the support level of 144 as traders reflected on last week’s BoJ interest rate ...
The USD/JPY weekly forecast is bullish as improving risk appetite weighs on the safe-haven yen, pushing the pair higher.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.