USD/JPY Price Analysis: Modest recovery fails to alter broader bearish outlook – FXStreet

USD/JPY trades near 143 zones and extends milder profits than Asian sessions Despite the increase, technical indicators and moving averages continue to reflect bearish structures Support is at 142.41, with resistance levels reaching the upper limit near 145.79 and 146.62 The USD/JPY pair rose slightly on Tuesday, hovering around the 143 area, making it even […]

USD/JPY Price Forecast: Rises past 149.00 as traders eye key resistance – FXStreet

USD/JPY rose 0.34%, extending the two-day gathering, with buyers focusing on the key 150.00 level. While US retail sales data is impressive, weak manufacturing figures make it questionable about the economic momentum. Technical Outlook: Daily closings above 150.00 allow doors to open at 150.67, but support is at 149.00. USD/JPY rose for the second day […]

USD/JPY tumbles over 1% as US core inflation cools – FXStreet

USD/JPY falls sharply as US consumer inflation data shows core inflation slowing. The yen appreciates due to the Bank of Japan governor's hawkish remarks. US 10-year bond yields fell 12bps. Upcoming Fed speeches and US economic data will be key to the further direction of the market. USD/JPY fell more than 1% in early trade […]