USDJPY - USD/JPY Eyes 155 Breach as BoJ-Sparked Downtrend Gathers Momentum
23-07-2024 02:49
The Japanese yen has kept on strengthening after a possible currency intervention by BoJ. Ahead of the Bank of Japan's next meeting at the end of the month, the USD/JPY pair is in a downtrend. The ...
USD/JPY outlook: Bears retest key near-term support
Fresh weakness is pressuring key supports at 155.70 zone (daily cloud base / Fibo 61.8% of 151.85/161.95 upleg) where a bear trap has formed on last week’s strong downside rejection. Reaction at daily ...
USD/JPY Outlook: Yen Soars on BoJ Meeting Anticipation
The USD/JPY outlook remains bearish as the yen gains ahead of next week’s Bank of Japan and Fed policy meetings.
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USD/JPY May Be on Brink of Multi-Week Downward Correction, Chart Shows
USD/JPY may be on the brink of a possible multiweek downward correction if it posts a daily close below support at 156.50, Oanda said.
