Previous Close | 142.2700 |
Open | 142.1880 |
Bid | 142.9000 |
Day's Range | 141.9370 - 142.9890 |
52 Week Range | 140.2900 - 161.9420 |
Ask | 142.9060 |
The last week has seen a significant amount of selling pressure in the USD/JPY pair, but at this point, we are hanging onto the trend by a thread, with the longer-term trendline being strong so far. With this, the market continues to see a lot of volatility, but it also
The US dollar continues to see a lot of support at the moment, but we also continue to pressure the major uptrend line that we have been following all year. Because of this, the market is likely to be very noisy and is hanging on by a thread.
The US dollar has fallen a bit in the early hours against the Japanese yen, as we are continuing to see sellers coming into the markets as the fear increases on the psyche of market traders as they worry about a litany of issues.