FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

USD/JPY is trading around 141.74, approaching the top of the downtrend channel formed since December 18 and testing the 21 SMA located at 141.84. We observe a strong technical rebound...

Since November 30, USD/JPY has been trading at overbought levels. Therefore, a failed attempt to break 2/8 Murray could be seen as a signal to sell with the target...

The eagle indicator is giving an extremely overbought signal, which means that if the Japanese yen trades below 151.50, any technical bounce could be used as an opportunity to sell...

On the other hand, in case the Japanese Yen breaks the uptrend channel and consolidates below 149.50, we could expect it to reach the 200 EMA located at 148.80...

The main trend remains bullish for the USD/JPY pair. However, it is showing signs of exhaustion. The key for a technical correction would be to wait...

USD/JPY is trading around 148.72, below the 21 SMA, and above 7/8 Murray. On the H-4 chart, we can see that the instrument is within a downward trend channel formed...

On the contrary, in case the Japanese Yen falls below the 21 SMA, we could expect it to quickly reach the 200 EMA located at 148.60 and even 7/8...

At its regular monetary committee meeting, the Bank of Japan made the rather expected decision not to raise interest rates. Instead, some rules were changed. Following the results...

The markets are deluded in the mad hope that there is a possibility of adjusting the bank's policy on controlling the yield curve (YCC) in the future. The reason...

Judging by the latest speech by representatives of the Federal Reserve, it seems that they are ready to forget about their high-profile goals to destroy unemployment in order to keep...