(Last Updated April 8, 2020)
Hello! This is the news page for USDJPY. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of USDJPY:
20 Day Moving Average Direction: bullish
50 Day Moving Average Direction: bearish
100 Day Moving Average Direction: bearish
200 Day Moving Average Direction: bullish
How the Current USDJPY Rate Fares Relative to the Past Year?
The exchange rate for USDJPY closed yesterday at 108.703. That means that relative to the past year, the rate of USDJPY is now closer to its 52 week high (112.234) than its 52 week low (currently at 101.18).To dig deeper and get the latest news on USDJPY, try the links below. You can also visit the MarketWatch or Investing.com pages on USDJPY for more news as well.
Volatility for usd/jpy has been contracting over the past two weeks relative to volatility over the past month.
As for the rationale, technical traders seem to be citing the appearance of flag and trendline technical patterns.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
It should be noted, though, that a trend in the opposite direction, going up, exists on the 30 day timeframe.
This imputes a buy/sell ratio of 1.75, which is bullish.
The closest is the 100 day average, which is 20 pips away.
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
The closest is the 20 day average, which is 4.3 pips away.