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USDJPY - Have USD/JPY bulls lost the game?

16-07-2024 02:50

In summary, USDJPY could continue to face bearish pressure after its significant drop, but there is potential for bullish activity if the price remains above 155.00.

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USD/JPY Forecast: the Weak Yen, BoJ’s Potential Policy Moves, and US Retail Sales

Tertiary Industry Activity Index numbers may influence investor appetite for the USD/JPY on Tuesday, July 16. Economists expect the Index to rise by 0.1% in May after a 1.9% increase in April.

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USD/JPY Forecast: BoJ Intervention Leads to 4-Week Lows

The USD/JPY forecast is pessimistic as the yen remains close to a 4-week peak following Bank of Japan intervention on Thursday.

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Japanese Yen Sentiment Analysis – USD/JPY, GBP/JPY, EUR/JPY Latest

33.70% of traders are net-long Short-to-long ratio: 1.97 to 1 Net-long positions: +3.00% daily, +44.66% weekly Net-short positions: +0.69% daily, -28.67% weekly While the contrarian view suggests ...

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USD/JPY Weekly Forecast: US Retail Sales and Japan Inflation in Focus

The USD/JPY tumbled 1.78% to 157.900 for the week ending July 12. It rose to a Wednesday high of 161.807 before sliding to a Friday low of 157.355. Investors speculated about a possible intervention ...

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