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USDJPY

USDJPY Impulse or Ending Diagonal?

The USDJPY currency pair hints at a primary impulse wave Ⓐ of a bullish zigzag. Wave Ⓐ consists of intermediate sub-waves (1)-(2)-(3)-(4)-(5). Actionary waves (1) and (3) and corrective zigzag waves (2) and (4) have ended. At the time…

The Week Ahead: Critical Support

USDJPY bounces as risk assets overheat The greenback has come to the moment of truth, after rallying to a three-month high, will there be enough buyers to sustain the momentum? Lousy job market and near-zero inflation may continue to…

The Week Ahead: Short Straw

USDJPY Rises on Cautious Sentiment As bearish bets on the greenback reach a decade-high, would this be the start of the short squeeze? The Fed kept its policy intact as expected in its latest meeting, but the caution about the pace…

The Week Ahead: New Hope

USDJPY Tanks Over Improved Sentiment If the new year comes with new hopes, then the US dollar could remain depressed compared to its riskier counterparts. Markets are currently driven by a recovery mood even if it is barely over…

The Week Ahead: Job Security

USDJPY Looks for Jobs Volatility The much-battered US dollar may not be out of the woods yet. Judging by improved sentiment across the board - equities and commodities making new highs, investors are eager to exchange their greenback…