Weak Uptrend (+65) - JPYUSD is showing signs of weakening momentum to the upside. Monitor JPYUSD as it may be in the beginning stages of a reversal. Is it time to buy, sell, or avoid JPYUSD? MarketClub looks at technical strength and momentum to determine if the timing is right for...
USD/JPY March 5 at 11:55 EST Open:105.74High:105.93Low:105.35Close:105.96 USD/JPY Technical USD/JPY edged higher in the Asian session. After little movement in the European session, the has posted gains in North American trade 105.53 was tested earlier in support. It is a weak line 106.64...
The Import/Export Balance in Japan– Generally the USD/JPY pairing tends to incline towards the US Dollar when Japan imports more than it exports, as the Japanese economy will weaken when it buys more than it sells. Japan is one of the world’s major exporters, and therefore its trading ...
USD/JPY slump dominates Asian trade The US dollar selloff continued overnight after weak US GDP data... US dollar consolidates Posted by: Jeffrey Halley Jul 14, 2022 Share 0 US dollar in choppy waters Currency markets had another choppy overnight session, which ultimately e... US dollar...
Trading down-1.04(-4.32%) at 24.06. Weak Downtrend (-65) - PFC is showing signs of a strengthening downtrend. Monitor PFC as it may be building momentum to the downside. Index S&P 500 Industrial Conglomerates (Sub Ind) (SP500-20105010)+85 ...
US Dollar Remains Weak Ahead of Jackson Hole, USD/JPY and Gold Latest Monday, 19 August 2024 The US dollar is trading at levels last seen eight months ago as traders wait for Fed chair Jerome Powell’s Jackson Hole speech later this week... Read more... The Fight to Stay...
A summary of IG Client Sentiment shows traders are net-short USD/JPY - the ratio stands at -1.4 (41.6% of traders are long) - weak bullish reading T raders have remained net-short since Jun e 28 th ; price has moved 2.6% higher since then Long positions are 5.3% higher than yesterda...
A summary of IG Client Sentiment shows traders are net-short EUR/JPY- the ratio stands at -1.18 (45.8% of traders are long) - extremely weak bullish reading T raders have remained net-short since Jun e 4 th ; price has moved 1.9% higher since then Long positions are 3.8% higher th...
The Japanese yen is falling significantly as a result of weak economic growth and the impact of the coronavirus. Exports are declining significantly in Japan due to restrictions on movement. I anticipate that the JPY/USD is set to decline further. ...
Combined with the outbreak of the Russia-Ukraine conflict, import costs and inflation continue to rise, which further increases the downward pressure on the Japanese economy. As a result, the Bank of Japan has to maintain loose monetary policy to boost the weak domestic economy and spur higher ...