Japanese Yen Q2 Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY at Critical Juncture – DailyFX

In this article, we mainly circle. To better understand the fundamental factors driving the Japanese currency’s trajectory in the second quarter, feel free to download our comprehensive second quarter forecast. Free! Recommended by Diego Coleman Get Free JPY Forecast USD/JPY technical outlook USD/JPY soared in the first three months of 2024, gaining more than 7% […]
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat – DailyFX

US dollar forecast – EUR/USD, GBP/USD, USD/JPY USD Sales slow down on Monday ahead of a high-impact event later in the week core PCE Data and Powell’s speech on Friday will be the focus of attention. In this article: euro/usd, GBP/USD and USD/JPY Most read: USD Forecast: PCE data steals the show.Settings for EUR/USD, USD/JPY, […]
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups – DailyFX

Most read: USD Outlook and Market Sentiment: USD/JPY, USD/CAD, USD/CHF The US dollar, as measured by the DXY index, rose last week and closed on Friday at its highest level since mid-February. The dollar rallied against the backdrop of shifts in global interest rate expectations, despite initially falling after the Federal Reserve ruled out new […]
USD/JPY Selloff Continues Ahead of the FOMC Meeting – DailyFX

USD/JPY, FRB analysis Recommended by Richard Snow Forex News Trading Overview Yen looks vulnerable ahead of FOMC and all-important dot plot Ahead of this evening’s important FOMC decision, the yen continued to fall against the dollar in morning trading in London. Although there is no realistic expectation that the federal funds rate will change, market […]
USD/JPY settles slightly higher after BOJ policy decision – ForexLive

USD/JPY 1 minute chart of sell the facts It looks like the game is starting to move, but I think traders have already spent a week preparing for it. There were so many reports that the Bank of Japan was ending negative interest rates and abolishing its yield curve control policy that the recent announcement […]
USD/JPY moving around, swings helped by thinning liquidity ahead of Bank of Japan decision – ForexLive

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US Dollar Forecast: Hot US Inflation Data Drives USD/JPY Higher. What Now? – DailyFX

USD/JPY forecast USD/JPY Rebound on Tuesday after poor performance in the past few trading sessions America is hotter than expected consumer price index data backs it up USDrebound of Traders should keep an eye on the upcoming PPI report for a clearer picture of the inflation outlook. Most read: US inflation higher than expected, USD […]
US Dollar Forecast: US CPI to Spark Next Big Move – EUR/USD, USD/JPY, GBP/USD – DailyFX

US dollar outlook – EUR/USD, GBP/USD, USD/JPY of USD It fell sharply last week, weighed down by falling U.S. bond yields. However, future US policy could turn the tide in favor of the dollar. consumer price index Data exceeds estimates US inflation data for February will be released on Tuesday morning Most read: USD/JPY falls […]
USD/JPY extends fall and runs into test of key technical level – ForexLive

USD/JPY daily chart This is, as I highlighted earlier, the first stop on the way down. The Bank of Japan is starting to get the ball rolling on the Japanese Yen and we are now seeing things start to move. A break below the 100-day moving average (red line) of 147.73 will prompt buyers to […]
Westpac look for a short term dip in USD/JPY – ForexLive

Westpac thinks, “Is there a short-term opportunity for the yen amid long-term headwinds?” To summarize from my notes: A textbook case of a rapid USD/JPY reversal appears to be developing. The pair has been rotating between 150 and 151 recently, even though the hawkish re-pricing of US interest rates has lost momentum. US long-term yields […]