Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
USD/JPY – Sneaky Bullish?

USD/JPY – Sneaky Bullish?

Jamie Saettele, CMT, Sr. Technical Strategist


Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-The last update noted that “the rally failed at trendline resistance. Also, daily RSI failed at the same area it’s failed at all year, which is disconcerting for the bull camp. The outlook is unclear but strength above the trendline would be viewed in a bullish light.” USD/JPY action of late is ‘sneaky bullish’. Price found support on 9/7 at the top side of a parallel. Strength above the noted is trendline is still needed to suggest this is headed higher.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.