US EditionUSD/JPY: Current Price Movements Appear to Be Part of Range Trading – UOB Group
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
USD/JPY Edges Toward 144.00 As Bullish Momentum Fades - Data Intelligence
USD/JPY faces pressure as bullish momentum fades. The USD/JPY momentum indicators signal fading trend strength, as the ADX and MACD weaken. Broader US Dollar weakness adds to downside pressure on USD/JPY, pushing prices toward 144.00. The USD/JPY is struggling to hold key support on Monday as bullish momentum continues to fade, with both the daily and weekly charts indicating weakening trend strength. After failing to sustain gains above the 14…
USD/JPY: Current price movements appear to be part of range trading – UOB Group
The current price movements appear to be part of a range trading phase between 144.05 and 145.00. In the longer run, US Dollar (USD) appears to have moved into a range trading phase between 143.50 and 146.50 against Japanese Yen (JPY), UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
