The USDJPY rallied last week 1.75% (180 pips) on some USD strength and whilst the DXY is still rallying we could see the next leg up in the UJ.
Technically speaking we have pulled back from the highs 50% and are trading inside of a triangle (continuation pattern) which just retested the immediate bullish structure.
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LIVE: Nonfarm Payrolls rise 379K, dollar shakes
The US gained 379K jobs in February, nearly double the expectations and on top of upward revisions. The dollar initially advanced with yields before paring some of its gains.
EUR/USD falls toward 1.19 after robust US Nonfarm Payrolls data
EUR/USD is trading above 1.19 after dipping below that number in response to the US Nonfarm Payrolls, which showed an increase of 379K jobs in February. Higher yields in response to Powell are keeping the dollar bid.
XAU/USD remains depressed near multi-month lows on stellar NFP
Gold edge lower during the early North American session and dropped to fresh nine-month lows, below the $1690 level in reaction to an upbeat US jobs report.
Cardano ready to resume uptrend towards $2
Cardano price shows signs of a reversal after a 30% correction. The Tom DeMark Sequential indicator’s buy signal on the 4-hour and the 12-hour chart hints at a continuation of the bull rally.
US Dollar Index pushes higher to 92.20 on stellar Payrolls
The march north in the greenback remains unabated and trade in fresh 2021 highs beyond the 92.00 hurdle when tracked by the US Dollar Index (DXY).