Forex Analysis for USD/JPY

First, a review of last week’s events: EUR/USD. The key day last week was Thursday, June 10. There were two important events on the day: the European Central Bank meeting and the release of US consumer market data. Now let's talk about everything in order. The ECB raised its forecasts for Eurozone ....

For Traders Forex Analysis Technical analysis 11.06.202108:59 Forex Analysis & Reviews: Daily Video Analysis: USDJPY facing bullish pressure, potential for further rise! Today we take a look at USDJPY. Combining advanced technical analysis methods such as Fibonacci confluen...

For Traders Forex Analysis Technical analysis 11.06.202108:54 Forex Analysis & Reviews: AUDCAD potential for further downside beyond pivot, further drop incoming! Relevance up to 08:00 2021-06-12 UTC+2 AUDCAD is currently hovering above 1st resistance in line with 61.8% Fibona...

For Traders Forex Analysis Technical analysis 11.06.202108:54 Forex Analysis & Reviews: EURAUD approaching 1st resistance, potential for a reversal! Relevance up to 08:00 2021-06-12 UTC+2 Price is approaching 1st resistance, which is in line with 61.8% Fibonacci retracement, 7...

11.06.2021AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7760; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.7725 and then resume moving upwards to reach 0.7845. ...

11.06.2021EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.2146 along with the ascending impulse towards 1.2195, EURUSD is consolidating below the latter level. If the price breaks this range to the upside, the market may start another growth to reach 1.2244. On the other ha...

For Traders Forex Analysis Technical analysis 11.06.202105:29 Forex Analysis & Reviews: Forecast for USD/JPY on June 11, 2021 Relevance up to 04:00 2021-06-12 UTC+2 USD/JPYYesterday, the US dollar did not set the upward direction for the USD/JPY pair - it fell by 0.09% and pro...

10.06.2021EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.2178; after expanding the range up to 1.2214 and rebounding from this level, it is falling towards 1.2144. Today, the pair may break the latter level and then continue trading downwards with the target at 1.2090. After that,...

For Traders Forex Analysis Technical analysis 10.06.202105:40 Forex Analysis & Reviews: Forecast for USD/JPY on June 10, 2021 Relevance up to 04:00 2021-06-11 UTC+2 USD/JPYAt the end of Wednesday, the US stock index S&P 500 fell by 0.18%, while the dollar index remained un...

For Traders Forex Analysis Fundamental analysis 09.06.202112:30 Forex Analysis & Reviews: Volatility of the currency and stock indices is at a minimum since pre-pandemic levels. Overview of USD, CAD, JPY Relevance up to 11:00 2021-06-14 UTC+2 The volatility of currencies and s...

09.06.2021USDJPY, “US Dollar vs. Japanese Yen”As we can see in the H4 chart, USDJPY is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected to rebound from 4/8 and then resume growing to reach the resistance at 6/8. However, this scenar...

09.06.2021EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.2178. Today, the pair may fall to break 1.2144 and then continue trading downwards with the target at 1.2090. After that, the instrument may start a new correction towards 1.2170.GBPUSD, “Great Britain Pound vs US Dollar”GBP...

For Traders Forex Analysis Technical analysis 09.06.202106:24 Forex Analysis & Reviews: Forecast for USD/JPY on June 9, 2021 Relevance up to 04:00 2021-06-10 UTC+2 USD/JPYThe dollar is experiencing difficulties in its confrontation with the yen, it fails to develop an offensiv...

For Traders Forex Analysis Trading plan 08.06.202112:18 Forex Analysis & Reviews: Trading plan for USDJPY for June 08, 2021 Relevance up to 12:00 UTC+2 Technical outlook:USDJPY seems to bouncing yet again from 109.20/25 lows yesterday. The currency has bounced off its 05 month...

For Traders Forex Analysis Technical analysis 08.06.202110:31 Forex Analysis & Reviews: Forex forecast 06/08/2021 on USD/JPY, EUR/JPY, USD/CAD and Crude Oil from Sebastian Seliga Let's take a look at the technical picture of USD/JPY, EUR/JPY, USD/CAD and Crude Oil on the da...

08.06.2021EURUSD, “Euro vs US Dollar”The H4 chart shows another rising impulse within the descending correction that earlier tested the local support at 61.8% fibo (1.2103). The current rising impulse might as well transform into a proper wave to reach the long-term high at 1.2350. At the same time,...

08.06.2021USDJPY is slowly rising on Tuesday; investors are monitoring the news. The Japanese Yen reversed against the USD and is falling on Tuesday morning. The current quote for the instrument is 109.47.The statistics published by Japan in the morning were rather mixed. For example, the Bank Lendi...

08.06.2021EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.2178; after expanding the range up to 1.2202 and rebounding from this level, it is falling to reach the downside border at 1.2144. Possibly, the pair may break the latter level as well and continue correcting downwards with the ta...

For Traders Forex Analysis Technical analysis 08.06.202106:03 Forex Analysis & Reviews: Forecast for USD/JPY on June 8, 2021 Relevance up to 04:00 2021-06-09 UTC+2 USD/JPYThe dollar lost 28 points against the yen yesterday, with the day's low at 109.20. In today's Asian sessio...

For Traders Forex Analysis Trading plan 07.06.202116:25 Forex Analysis & Reviews: USD/JPY Challenges The Uptrend Support! Relevance up to 16:00 2021-06-08 UTC+2 USD/JPY drops at the moment of writing and is pressuring the uptrend line. The uptrend line represents dynamic suppo...

For Traders Forex Analysis Technical analysis 07.06.202115:39 Forex Analysis & Reviews: Trading Signal for USD/JPY for June 07 - 08, 2021: Buy above 109.03 Relevance up to 15:00 2021-06-09 UTC+2 In the early American session, the USD / JPY pair is trading below the SMA of 21 a...

For Traders Forex Analysis Wave analysis 07.06.202108:55 Forex Analysis & Reviews: Simplified wave analysis and forecast for EUR/USD, USD/JPY, GBP/JPY, USD/CAD on June 7 Relevance up to 08:00 2021-06-08 UTC+2 Simplified wave analysis and forecast for EUR/USD, USD/JPY, GBP/JPY,...

For Traders Forex Analysis Technical analysis 07.06.202109:53 Forex Analysis & Reviews: Daily Video Analysis: USDJPY facing bullish pressure, potential for further rise! Today we take a look at USDJPY. Combining advanced technical analysis methods such as Fibonacci confluen...

For Traders Forex Analysis Technical analysis 07.06.202109:50 Forex Analysis & Reviews: GBPCHF facing bullish pressure, potential for further upside! Relevance up to 09:00 2021-06-08 UTC+2 Prices are approaching ascending trendline support in line with horizontal swing low res...

For Traders Forex Analysis Technical analysis 07.06.202109:49 Forex Analysis & Reviews: CADJPY facing bearish pressure, potential for further downside! Relevance up to 09:00 2021-06-08 UTC+2 Price is facing bearish pressure from 61.8% Fibonacci extension and 78.6% Fibonacci re...

For Traders Forex Analysis Technical analysis 07.06.202106:01 Forex Analysis & Reviews: Forecast for USD/JPY on June 7, 2021 Relevance up to 04:00 2021-06-08 UTC+2 USD/JPYThe USD/JPY pair returned to support at 109.37 last Friday. The signal line of the Marlin oscillator has r...

07.06.2021EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2132 along with the correction towards 1.2185, EURUSD is consolidating below the latter level. Possibly, the pair may continue this decline to reach 1.2704. Later, the market may correct to test 1.2155 from below and then ...

First, a review of last week’s events: EUR/USD. When giving their forecast for the previous week, 50% of analysts expected the dollar to strengthen and the EUR/USD pair to fall to the 1.2000 area, 30% voted for the continuation of the sideways trend in the channel, 1.2125-1.2265, and another 20% su....

04.06.2021EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, the correction continues. After testing the resistance area, the pair has formed several reversal patterns, including Harami. At the moment, EURUSD may reverse and start a new decline towards the support level. In this case, the dow...

04.06.2021EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2150 and breaking it to the downside, EURUSD is expected to continue this decline towards 1.2084. Later, the market may return to 1.2150 to test it from below and then resume trading downwards with the target at 1.2050.GBP...