Room for US Dollar (USD) to rise to 158.65 before a pullback can be expected; the major resistance at 159.00 is likely out of reach. In the longer run, USD is expected to trade with an upward bias; ...

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USD/JPY hits new high, but caution lingers

USDJPY has been steadily climbing over the past few days, hitting a six-month high of 158.54 on Wednesday. However, it couldn’t push past the resistance line formed by the November highs, suggesting ...

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USD/JPY forecast: Will the Japanese yen crash to 160 soon?

The USD/JPY exchange rate has hovered at its highest level since July 17, after the latest Japanese wage income data. The pair, which is the third most popular forex cross, traded at 158.05, up by 13.

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EUR/USD, USD/JPY and AUD/USD Forecast – US Dollar Strengthens Again as Rates Continue to Climb

The US dollar continues to see strength in reaction to the yields in America going higher yet again in the early hours of Wednesday. At this point, the market looks likely to continue the same trends ...

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USD/JPY: Continues to Look Strong

I am a buyer of the USD/JPY pair only. I have no interest in shorting this pair, and as such am waiting patiently for a move above the ¥158 level. At that point, I would put a stop loss at the ¥157 ...

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