Japanese Yen Price Action Scenario: EUR/JPY, USD/JPY, USD/JPY

PRICE, CHARTS AND ANALYSIS: JAPANESE YEN USD/JPY Technicals point to exhaustion as RSI enters overbought territory. USD/JPY sideways as the dollar and yen battle for dominance. EUR/JPY is bouncing off the trend line and the 50-day line. Are further gains above 150.00 to be expected? JAPANESE YEN Behind the scenes The Japanese yen had to … Read more

Japanese Yen Rate Update: EUR/JPY, USD/JPY. USD/JPY

JAPANESE YEN PRICE, CHARTS AND ANALYSIS: USD/JPY Rises as the RBA continues the rate hike cycle and hints at further developments. USD/JPY Closes the 200-day line and plans to return above 140.00. EUR/JPY Reaches 15-Year High. Bullish momentum remains intact above 146.50. RSI remains in overbought territory for all three JPY pairs, so a retracement … Read more