Monday, November 11, 2019
Home > USD/JPY

Technical Analysis – USD/JPY 200-day SMA just about holds bulls at bay

USD/JPY’s further gains seem to be restricted by the 200-day simple moving average (SMA) and the upper Bollinger band around the 109.00 resistance level. Yet, the upward sloping mid-Bollinger band and 40-day SMA back an improving picture. Despite this, the 200- and 100-day SMAs have moved horizontal, implying that a sideways move

Read More

Technical Analysis – USD/JPY attracts buying interest

USD/JPY attracts buying interest; 50% Fibonacci eyed. USD/JPY has finally revived some bullish power, spiking above its shorter-term simple moving averages (SMA) and the Ichimoku cloud to reach one-month highs slightly above the 108 level. Technically, the market could retain positive momentum in the short-term as the RSI, the Tenkan-Sen and the MACD all

Read More