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Author Archives: JPY Editor

USD/JPY sticks to daily gains near mid-109s

After closing four days in a row with losses, the USD/JPY pair is making a recovery on Tuesday on the back of an improved market sentiment and increasing demand for the greenback. As of writing, the pair, which refreshed its ...

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USD/JPY: Short covering boost for dollar

Short covering has boosted the US dollar from severely oversold levels ahead of the Jackson Hole Symposium later on this week. The USD/JPY’s four day losing streak looks to have ended, while the EUR/USD has turned flat on the week ...

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USD/JPY: bounce seems corrective for now

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USD/JPY Valid Or False Breakdown?

USD/JPY posted significant gains today and is challenging the confluence area formed between the 50% retracement level with the warning line (wl1). Price will resume the downside movement if will stay under the mentioned broken support levels, could also … ...

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