USD/JPY Weekly Forecast: Recession reaches critical mass
- ByFXStreet-
Fading US Treasury yields put a floor under the Japanese yen after it reached a 24-year low against the dollar at 137.00 on Wednesday. By Friday morn
Symbol | Exchange | Currency | ||
---|---|---|---|---|
Real-time FX | JPY | Real-time | ||
TAIFEX | JPY | Delayed | ||
Moscow | JPY | Delayed | ||
Moscow | JPY | Real-time |
Fading US Treasury yields put a floor under the Japanese yen after it reached a 24-year low against the dollar at 137.00 on Wednesday. By Friday morn
There's an early close in the bond market today at 2 pm Eastern so it's an abbreviated session but certainly not a quiet one.A crater in yields have turned into a large hold. US...
OANDA Senior Market Analyst Craig Erlam talks about USDJPY as the rally once again loses momentum.
Looking ahead to Q3, I am of a bullish nature on the yen. There are two factors as to why: US bond yields and commodities are both off their highs. These have been the key reasons...
The USD/JPY pair extended its retracement slide from the 137.00 mark, or a fresh 24-year high touched on Wednesday and witnessed heavy selling for the
The USD/JPY pair has witnessed a significant fall after violating the crucial support of 135.55 in the Asian session. The asset has challenged its thr
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
---|---|---|---|---|---|
Moving Averages | Strong Sell | Strong Sell | Strong Sell | Buy | Strong Buy |
Technical Indicators | Strong Sell | Strong Sell | Sell | Strong Buy | Strong Buy |
Summary | Strong Sell | Strong Sell | Strong Sell | Strong Buy | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
---|---|---|---|---|---|
Completed Patterns | |||||
Three Outside Up | 1W | 3 | Jun 05, 2022 | ||
Engulfing Bullish | 1W | 4 | May 29, 2022 | ||
Three Black Crows | 1W | 5 | May 22, 2022 | ||
Three Outside Down Bearish | 1D | 11 | Jun 16, 2022 | ||
Engulfing Bearish | 1D | 12 | Jun 15, 2022 |
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
---|---|---|---|---|---|---|
Sunday, July 3, 2022 | ||||||
08:00 | JPY | 4.60% | ||||
Monday, July 4, 2022 | ||||||
23:30 | USD | 1.75% | ||||
23:30 | USD | 2.50% |
Federal Reserve(FED) | ||
Current Rate | 1.75% | |
Chairman | Jerome H. Powell |
Bank of Japan(BOJ) | ||
Current Rate | -0.10% | |
Chairman | Haruhiko Kuroda |