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The Japanese Yen was unable to resist the broad-based comeback in the Dollar over the course of the past 24 hours, resulting in a move that leaves the Dollar-Yen exchange rate looking to reestablish its downtrend.
October 14,2020
The Dollar-Yen exchange rate is quoted at 105.46 at the time of writing on Tuesday and is looking to reclaim some lost ground having fallen 0.27% on Monday. Analyst Richard Perry of Hantec Markets says any rebounds might be seen as a selling opportunity by traders.
October 13,2020
The Dollar-Yen exchange rate has retreated amidst signs the near-term outlook is turning corrective again, according to Richard Perry, analyst at Hantec Markets.
October 12,2020
The Dollar-Yen exchange rate retains a firm bias and analyst Richard Perry of Hantec Markets says if a key resistance is broken and the exchange rate goes back above the old 106.00 pivot then a key shift in the outlook will have transpired.
October 7,2020
The Dollar rallied 0.40% against the Japanese Yen on Monday leaving the technical setup on the charts more constructive on the prospect of further gains for the Dollar, according to Richard Perry of Hantec Markets.
October 6,2020
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