fxmohammad

fxmohammad

So it had the audacity to retest for the third time in more than a year. You can simply realize the dollar's dominance over this currency. As a lower percentage holder but second in line in the basket, we can see Japan's currency weakness effected by any dollar move, created by its opposite, the bigger percentage holder in its basket. the dollar, extending losses...

fxmohammad

USD/JPY reached its all-time high back on November 13th but lost around -7.27% within two months. Despite the high volatility in the dollar, the Japanese yen couldn't reach or break the lower high level around 150.91., WHATS NEXT ?? IS IT GONNA REACH BACK AGAIN THE LAST ALL TIME HIGH,?

fxmohammad

The dollar was little changed on Monday ahead of a slew of central bank meetings this week, with the Bank of Japan widely expected to end negative interest rates and the market waiting for the Federal Reserve's latest projections for rate cuts. CURRENTLY USD/JPY BUYING PRESSURE SEEMS TO HOLD AT 149.302. FOR 20 HOURS STRAIGHT. MARKET SENTIMENT IS BIAS TO A...

fxmohammad

USD/JPY reached its all-time high back on November 13th but lost around -7.27% within two months. Despite the high volatility in the dollar, the Japanese yen couldn't reach or break the lower high level around 150.91. Last week, due to the Dollar's inflation data, the price of USD/JPY tested a bottom area of 146.452 and rallied to a resistance level of 148.95...