USDJPY sustaining on daily support level
USDJPY was down on Tuesday after testing the high level of 154.71 in the last trading session as The Japanese yen remained firm around 154 per dollar on Tuesday, up about half a percent so far this week, as US President-elect Donald Trump threatened additional tariffs on China, Mexico, and Canada, dampening global risk sentiment. The yen also gained support from Trump’s nomination of Scott Bessent as US Treasury Secretary, which provided a sense of stability in the markets and led traders to scale back their "Trump trades."
Recent News
Dow Jones Forms Bearish Head and Shoulde...
June 02, 2025
Market Insights
CRUDE OIL gave breakout of Resistance
December 31, 2024
Market Insights
Nasdaq 100 Holds Strong Above Support —...
October 06, 2025
Market Insights
Nasdaq/US 100 Analysis
October 11, 2024
Market Insights
Inverted Head & Shoulders pattern emerge...
June 02, 2025
Market Insights
NASDAQ trading on 4HR TL
February 06, 2025
Market Insights
