Drops below 144.00 as downtrend continues
USD/JPY falls from 145.00 due to pressure from falling US Treasury yields and a weakening dollar. Bearish trend outlook; momentum favors sellers with RSI remaining negative. Key supports: August 26…
Rises slightly in light of rising US yields, but remains pessimistic
USD/JPY remains below the Ichimoku cloud and the 200-DMA at 151.22, maintaining the downtrend amid easing selling pressure. The RSI is trending up, suggesting a possible short-term recovery if USD/JPY…
Recovers to 146.00 but remains bearish
USD/JPY is gaining momentum but is struggling to overcome Wednesday’s high of 146.90, leaving the pair range-bound. A break above 146.92 could lead to resistance at 147.00 and the August…
Hovering around 145.20 after publication of Fed minutes
USD/JPY stable as Fed minutes hint at easing and 10-year US Treasury yields decline. The selling momentum continues; the RSI indicates further downside potential. Below 145.00, targets are 143.61, then…
Appears vulnerable given diverging expectations for Fed and BoJ monetary policy
USD/JPY extends its sharp decline from a two-week high amid ongoing USD selling. Speculation about an imminent start of a cycle of interest rate cuts by the Fed continues to…
Creates a sequence of higher highs and higher lows
USD/JPY has reversed the trend and is now rising in the short term. Although an ABC correction was made, there was no subsequent decline but instead an increase. USD/JPY has…
Rises, but struggles at 148.00
USD/JPY briefly breaks above 148.00 before reversing, with the RSI suggesting seller dominance. A drop below 146.27 could trigger further losses, with targets at 145.44 and 144.28. If USD/JPY reclaims…
Drops below 147.00 as downtrend continues
USD/JPY is falling after failing to overcome the resistance at 148.00 and is extending its downtrend below 147.00. The bearish momentum is intensifying; the RSI is close to the oversold…
