USD/JPY Weekly Outlook – Action Forex
Facebook twitter pinterest whatsapp linkedin Email Print Last week's strong rebound in USD/JPY confirms a near-term bottom at 140.25 as the 4th hour MACD is in bullish convergence conditions. Nevertheless, the price movement from there is likely only correcting the decline from 151.89. Further upside cannot be ruled out, but the upside should […]
USD/JPY pares early advance as dollar flails after yields setback – ForexLive
USD/JPY daily chart This certainly remains an interesting situation for USD/JPY, with the price trend currently moving back towards the 200-day moving average (blue line) at 143.17. A break below this level will likely give sellers some technical momentum back, but it is too early to take that for granted. The US dollar is generally […]
USD/JPY stays underpinned by higher bond yields so far on the week – ForexLive
USD/JPY movements continue to be heavily linked to movements in bond yields, and more specifically US Treasury yields. This is evident in the hourly chart below. USD/JPY vs. US government bond 10-year yield (%) hourly chart The recovery of the 10-year bond yield to near 4% has also led to a rebound in USD/JPY from […]
US Dollar Comes Alive as Yields Fly, Setups on EUR/USD, GBP/USD and USD/JPY – DailyFX
US dollar forecast – EUR/USD, GBP/USD, USD/JPY of USD Rise accelerates as US Treasury yields rebound further after poor performance in second half of 2023 All eyes will be on ISM manufacturing statistics and US non-farm employment statistics to be released later this week. In this article, we will focus on the outlook for the […]