No news for the USDJPY – Analysis - 13-12-2021

Economies.com
2021-12-13 05:29AM UTC

The USDJPY pair keeps moving between 113.07 support and 114.00 resistance, thus, no change to our neutrality, and we still waiting to breach one of these levels to detect the next destination clearly.

 

We remind you that breaking the support will press on the price to achieve additional bearish correction that targets 112.30 as a next station, while breaching the resistance will push the price to resume the main bullish trend that its next main target located at 115.50.

The expected trading range for today is between 113.00 support and 114.20 resistance

The expected trend for today: Neutral

Forex and Currency News

USD/JPY news

Forex

Yen moves in negative zone under supervision of Japanese authorities
2024-05-08 04:36AM UTC
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the ...
Forex News

Forex

Dollar regains footing ahead of important Fed remarks
2024-05-07 11:34AM UTC
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above ...
USD/JPY news

Forex

Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price presses on the key support ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 08-05-2024
2024-05-08 09:36AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial break to ...
GBP USD Analysis

Forex

The GBPUSD forecast update 08-05-2024
2024-05-08 09:36AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price achieved initial break to ...