Let’s face it: the famous safe-haven Japanese yen is the most undervalued major currency right now. Let’s find out the reasons behind this performance of the Japanese currency.
Tag - jpy - japanese yen
Volatility has greatly diminished in USD/JPY. The pair is consolidating in a narrow range on H4, and a breakout is coming.
If a pullback from the nearest resistance at 111.62 happens little later on, bears will probably try to test the lower 'Window'...
The market is consolidating above the Moving Averages. Previously, we had a 'V-Bottom' pattern, which has been confirmed...
Market moves on February 15
USD/JPY formed a big bearish candlestick yesterday that almost engulfed the previous bullish one.
The Moving Averages are acting as resistance, but there's no any bearish pattern so far...
Let's check how to trade USD/CAD and CAD/JPY.
EUR/JPY spent more than a month correcting up after its spike down made at the start of January.
GBP/JPY will remain under negative pressure as long as it’s trading below the weekly pivot point at 143.30.
If you want to make a bet on the positive risk sentiment, you can consider buying CAD/JPY.
Non-Farm Payrolls are the greatest driver of the markets today.