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USDJPY overview 08.04.2021

USDJPY falls as U.S. yields fall. USDJPY falling today under the effect of the moderate U.S. dollar bearishness as well as the strong yen bullishness. Both of these sentiments are the result of the falling U.S. yields after minutes of the Federal Reserve’s March policy meeting offered no new clues to direct market direction. Fed […]

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Analysis Technical analysis

USDJPY 08.04.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 109.801-109.681 and it is going to the target zone №2 112.267-112.141. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 109.745-109.625. In case of the […]

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Analysis Technical analysis

USDJPY 01.04.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 109.801-109.681 and it is going to the target zone №2 112.267-112.141. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 109.745-109.625. In case of the […]

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Analysis Market overview

USDJPY overview 30.03.2021

USDJPY surges on rising Treasury yields. USDJPY rose to a one-year high today under the effect of the strong dollar bullishness as accelerating U.S. vaccinations and plans for a large stimulus package strengthened inflation expectations and raised Treasury yields. Ten-year U.S. Treasury yields rose to 14-month highs on Tuesday. The yen is falling because it […]

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Analysis Market overview

USDJPY overview 25.03.2021

USDJPY rises on dollar bullishness. USDJPY continues to rise under the effect of the two mutually reinforcing sentiments affecting the fx markets at the moment – the moderate US dollar bullishness and the widespread yen bearishness. The dollar continues the bullish bias as market participants are currently focusing up the relatively diverging recovery outlooks for […]

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Analysis Technical analysis

USDJPY 24.03.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 109.076-108.957 and it is going to the target zone №2 110.279-110.157. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 108.181-108.064. In case of the […]

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Analysis Technical analysis

USDJPY 17.03.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 109.076-108.957 and it is going to the target zone №2 110.279-110.157. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 108.181-108.064. In case of the […]

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Analysis Technical analysis

USDJPY 09.03.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 109.076-108.957 and it is going to the target zone №2 110.279-110.157. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 108.052-107.935. In case of the […]

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Analysis Market overview

USDJPY overview 04.03.2021

USDJPY surges on improvement in sentiment. USDJPY continues to rise strongly as the result of the continued US dollar bullishness and the widespread yen outflows. The dollar gains/yen losses are due to the more orderly rise in U.S. Treasury yields seen lately. The traders are also waiting for the speech by Federal Reserve Chairman Jerome […]

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Analysis Technical analysis

USDJPY 02.03.2021

Medium-term trend: Bullish The bull market is continuing. The price has already reached the target zone №1 106.748-106.634 and it is going to the target zone №2 107.900-107.783. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 105.792-105.680. In case of the […]