The United States dollar versus the Japanese yen currency pair seems to be having some difficult times when it comes to deciding upon the main direction.
Technical analysis of the news events that affect the course of the exchange rates helps traders by complementing the normal fundamental view of the situation. The posts below will be useful to get the understanding of the important exchange rate levels for currency pairs, which can then be used for calculating entry and exit points for trading based off the actual Forex news.
Technical Analysis News Archive
USD/JPY Testing Trendline Around 103.74
January 15, 2021 at 5:19 Japanese Yen, Technical Analysis, US Dollar
Bears Target 1.7285 on GBP/CAD?
January 14, 2021 at 5:37 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems to be heading southward. But is this the start of a new depreciation, or are the bulls setting up a rally?
AUD/NZD Towards 1.0826?
January 13, 2021 at 5:29 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair seems to be sustained by the bullish optimism, thus climbing toward 1.0826. Are the bears nearby?
GBP/USD Bounced off 1.3500. What Now?
January 12, 2021 at 5:30 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the United States dollar currency pair seems to be willing for another try to pass 1.3616. Is the current context favoring such a scenario?
Bulls on AUD/USD Have 0.7014 on the Radar?
January 11, 2021 at 5:30 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the United States dollar currency pair seems the be under constant bullish dominance. But aren’t the bulls tired yet?
USD/JPY Correcting from 102.59
January 8, 2021 at 5:37 Japanese Yen, Technical Analysis, US Dollar
The United States dollar versus the Japanese yen currency pair seems to have entered a corrective phase. But is this just a simple correction?
Can the Bulls Thrust to 1.7587 on GBP/CAD?
January 7, 2021 at 5:44 Canadian Dollar, Great Britain Pound, Technical Analysis
The Great Britain pound versus the Canadian dollar currency pair seems to be under constant bearish pressure. Will the bulls hold up this time as well?
Battle on AUD/NZD at the 1.0707 Area?
January 6, 2021 at 3:34 Australian Dollar, New Zealand Dollar, Technical Analysis
The Australian versus the New Zealand dollar currency pair seems to be caught in the middle. Is there any hint about the next possible movement?
GBP/USD Retracing from 1.3703. Bulls in Danger?
January 5, 2021 at 6:04 Great Britain Pound, Technical Analysis, US Dollar
The Great Britain pound versus the US dollar currency pair seems to take a pause from the rise. Is this the chance for the bears?
Bears to Take Over from 0.7744 on AUD/USD?
January 4, 2021 at 5:36 Australian Dollar, Technical Analysis, US Dollar
The Australian versus the US dollar currency pair touched the level of 0.7744 and retraced sharply. Is this a sign that the bears are coming back, or it’s just the bulls recharging their batteries?