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The Dollar-Yen exchange rate has fallen half a percent to 104.94 in mid-week trade, a move that is consistent with the view of analyst and technical forecaster Richard Perry that any strength in USD/JPY offers up a fresh chance to sell.
October 21,2020
The Dollar-Yen exchange rate has edged higher to 105.55 over recent sessions, but the Yen remains favoured according to technical studies by Richard Perry of Hantec Markets.
October 20,2020
The Dollar-Yen exchange rate is at 105.39 at the start of the new week with the exchange rate retaining a narrow multi-day range. Analyst Richard Perry of Hantec Markets says technical studies suggest any short-term strength is an opportunity to sell.
October 19,2020
The Dollar-Yen exchange rate failed to breach above 106 and has since retreated lower to current levels around 105.25. Analyst Richard Perry of Hantec Markets says technical signals point to downside pressure targeting the 104.90 October low.
October 16,2020
The Dollar-Yen exchange rate experienced a sizeable 0.35% decline on Wednesday, taking the pair to 105.90 at the time of publication. Analyst Richard Perry of Hantec Markets says intraday strength is seemingly now a chance to sell.
October 15,2020
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