USD/JPY Up 12 Pips, in a Downtrend Over Past 14 Days; Doji and Pin Bar Patterns Appearing on Chart
Or to simplify this another way, note that out of the past 14 days usd/jpy’s price has gone down 9 them.
USDJPY
(Last Updated April 1, 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 107.472. 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.
USD/JPY Up 12 Pips, in a Downtrend Over Past 30 Days; Doji and Pin Bar Patterns Appearing on Chart
Relative to other instruments in the forex asset class, usd/jpy ranked 18th yesterday in terms of percentage price change.
USD/JPY Down 112 Pips; in a Downtrend Over Past 14 Days
The price move occurred on volume — and we’re using the number of tick price changes as a proxy for volume — that was down 27.36% from the day prior, but up 27.86% from the same day the week before.
USD/JPY Makes Big Move Relative to Past Three Months, in a Downtrend Over Past 14 Days; Bullish Engulfing Pattern in Play
The closest is the 200 day average, which is 265.6 pips away.
USD/JPY Makes Big Move Relative to Past Three Months, Moves Down For the 3rd Day In A Row; in a Downtrend Over Past 14 Days
The closest is the 200 day average, which is 594.6 pips away.
USD/JPY Down 137 Pips; in a Downtrend Over Past 14 Days
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
USD/JPY Up 43 Pips; in a Downtrend Over Past 14 Days
The price move occurred on volume — and we’re using the number of tick price changes as a proxy for volume — that was down 30.81% from the day prior, but up 44.68% from the same day the week before.
USD/JPY Down 119 Pips; in a Downtrend Over Past 14 Days
This imputes a buy/sell ratio of 1.2, which is neutral.
USD/JPY 2 Day Down Streak Snapped, Price Base in Formation Over Past 30 Days; Eyes 200 Day Average
Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
USD/JPY Down 84 Pips, Breaks Below 20 and 50 Day Averages; in an Uptrend Over Past 30 Days
The next support for the price could be around 106.78, since it is a pivot for the pair since june 25th of the last year….