Usd/Jpy

[Muhammadfaizan]

The USD/JPY pair extended its sideways consolidative trading range through the mid-European session on Tuesday. The pair remained confined in a narrow trading band just below mid-109.00s and has been pivoting around 100-hour EMA.

The recent range-bound trading action seemed to have constituted towards the formation of a rectangle on hourly charts. A rectangle is considered a continuation pattern that forms as a trading range during a pause in the trend.

Given the pair's positive move from multi-year lows set in August, the bias seems tilted in favour of bulls. This coupled with acceptance above the very important 200-day SMA further add credence to the constructive outlook.

Bullish oscillators on the daily chart also support prospects for a further near-term appreciating move. Traders, however, are likely to wait for a sustained move beyond the 109.70-75 region before placing fresh bullish bets.

[Zaib55]

USD/JPY: Today's Live Exchange Rate Data, Chart, Statistics, Spreads, Volumes and Historical Comparisons.

Latest USD/JPY Exchange Rate: 108.4755
Current Month High: 108.935
Percent Change: +0.0613%
Current Month Low: 106.492

[Prince Waseem]

Today market trend:Sell

Resistance and Support points also given has signal of market down

Technical indicators and Moving average se bhi market down hoti nazar aati hai

Agar ap profit hasil karna chahte hain to sell ki trade laga dein

[UET]

I think it will fall more and break all time low which is around 78.88 soon, UJ is falling from quite a long time no chance for USD to recover.

[Prince Waseem]

Today market trend:Sell

Resistance and Support points also given has signal of market down

Technical indicators and Moving average se bhi market down hoti nazar aati hai

Agar ap profit hasil karna chahte hain to sell ki trade laga dein

[148]

USD/JPY is the abbreviation for the U.S. dollar and Japanese yen cross. Trading this currency pair is also known as trading the "gopher". The USD/JPY tends to have a positive correlation with the USD/CHF and USD/CAD currency pairs because they all use the U.S. dollar as the base currency. Since much of the Eastern economy moves according to Japan, the Yen is quite sensitive to factors related to Asian stock exchanges. Because of the interest rate differential between this currency and other major currencies that preponderated for several years, it is also sensitive to any change affecting the so-called "Carry Trade".

[sweety faiza]

Aj ka market ka trend hy:buy

jahan tak Mere experience aur indicators ko dekhte hoye market up side ki tarf ja ri hai

aor market Hamain buy main trade profit de gi to hmain right direction milay gi

aor Hameaha apne good epxerience se trading karen aur acha profit hasil karen

Thanks , good bye.

[Arshad170]

The USD/JPY pair is offering a neutral-to-bearish stance, as, in the 4-hour chart, it is hovering around a bearish 20 SMA, unable to move far away from the moving average, while technical indicators head nowhere around their midlines. The pair will likely remain muted at around the current level, with the extremes of the range at 108.90 and 109.70 likely to hold in the next few days.

Support levels: 109.20 108.90 108.60

Resistance levels 109.70 110.00 110.40

[Qasimbhayo786]

Also known as trading the “gopher” the USDJPY pair is one of the most traded pairs in the world. The value of these currencies when compared to each other is affected by the interest rate differential between the Federal Reserve and the Bank of Japan.

[Sumbal85]

USD/JPY

Market Trend = Bearish


Resistance= 109.53
Resistance= 109.80
Resistance= 109.85

Supporting= 109.25
Supporting= 109.09
Supporting= 108.83