Tag Archives: USD/JPY

USD/JPY Analysis

The pair bounced off a low of Y105.50 last night in the US and ended the session at Y106.33.

The dip below the 21-DMA ($1.2717) Thursday was brief with bulls taking comfort in the bounce that followed.

Markets are still firmly in risk aversion mode, as the US 10‐year remains at 2.01% and equities are weak.

EUR/USD has broken to the upside out of itsshort-term symmetrical triangle.

Today’s highlights: USDJPY’s break below 106.64/55 leaves the immediate bias

After the bond turbulence on Tuesday, it is worth trying to take a step back to

EURUSD rose slightly to 1.2825, and USDJPY and AUDUSD are steady at 106.09 and

EUR/USD was halted at a collection of refs in the high-1.28s, but not sure the correction higher is over.

The close above the 21-DMA is the first since mid-July and may prove to be a game changer.

The pair opened at Y105.92 this morning as it recovered after a hefty overnight drop to a Y105.20 low.

EUR/USD has thus far failed to make anyhigher high. However, no lower low has beenmade either.

Today’s highlights: USDCAD has broken above 1.1280 keeps us bullish for