Forex Review Online
No Result
View All Result
  • Home
  • Crypto
  • Education
  • News
start trading today
  • Home
  • Crypto
  • Education
  • News
No Result
View All Result
Forex Review Online
No Result
View All Result
Home ANALYSIS

USDJPY trades to new session lows as yields push pair lower

A.R Chowdhury by A.R Chowdhury
February 28, 2022
Reading Time: 1 min read
0
USDJPY trades to new session lows as yields push pair lower

USDJPY

USDJPY finds support buyers after break MAs

The USDJPY opened the day above its 100/200 hour MAs (blue and green lines). The price broke below those MAs near the end of the London session, and stayed below and moved lower into the NY afternoon session as selling intensified.

The pair has moved down to test a swing area between 114.83 to 114.759. There are a number of swing levels near that area. The price fell below the area back on February 21 and again on February 24, but each break rotated back above the area with 12-15 hours after breaking lower.

Helping the move lower today has been a steady move lower in yields. The US 10 year yield is at 1.8336%. That is down around 15 basis points on the day now. Yields are also sharply lower across the entire yield curve with 2 and 5 years both also down by 15 basis points.

ADVERTISEMENT – CONTINUE READING BELOW

Source link

RELATED POSTS

EURGBP erases gains and returns to a familiar bias defining level

New highs for US stocks. The Nasdaq continues to lead

USDJPY has 3 key technical levels that have stalled the rally higher today

ShareTweetPin
A.R Chowdhury

A.R Chowdhury

Related Posts

EURGBP erases gains and returns to a familiar bias defining level
ANALYSIS

EURGBP erases gains and returns to a familiar bias defining level

August 14, 2022
New highs for US stocks. The Nasdaq continues to lead
ANALYSIS

New highs for US stocks. The Nasdaq continues to lead

August 14, 2022
USDJPY has 3 key technical levels that have stalled the rally higher today
ANALYSIS

USDJPY has 3 key technical levels that have stalled the rally higher today

August 14, 2022
WTI crude oil futures settle at $92.09
ANALYSIS

WTI crude oil futures settle at $92.09

August 14, 2022
Bitcoin technical analysis, bulls might be giving up soon
ANALYSIS

Bitcoin technical analysis, bulls might be giving up soon

August 14, 2022
The weekend forex technical report for the week of August 15, 2022
ANALYSIS

The weekend forex technical report for the week of August 15, 2022

August 14, 2022
Next Post
Russian stock market may be closed, but ETFs are being marked sharply lower

Russian stock market may be closed, but ETFs are being marked sharply lower

EURUSD trades off lows after gap lower. Price remains below 100 hour moving average.

EURUSD trades off lows after gap lower. Price remains below 100 hour moving average.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Dollar gains slight edge going into European trading

Dollar gains slight edge going into European trading

September 13, 2021

NASDAQ and S&P back off from natural resistance targets

May 5, 2020
Nasdaq trades to session lows, but seeing a bounce

Nasdaq trades to session lows, but seeing a bounce

June 3, 2020

Popular Stories

  • New highs for US stocks. The Nasdaq continues to lead

    New highs for US stocks. The Nasdaq continues to lead

    0 shares
    Share 0 Tweet 0
  • The USD is the strongest and the NZD is the weakest as the NA session begins

    0 shares
    Share 0 Tweet 0
  • EURGBP erases gains and returns to a familiar bias defining level

    0 shares
    Share 0 Tweet 0
  • What is forex and How does it work?

    0 shares
    Share 0 Tweet 0
  • Bitcoin technical analysis, bulls might be giving up soon

    0 shares
    Share 0 Tweet 0
Forex Review Online

© 2022 My Forex Review - Designed with Jnews Theme.

Navigate Site

  • Home
  • Crypto
  • Education
  • News

Follow Us

No Result
View All Result
  • Home
  • Crypto
  • Education
  • News

© 2022 My Forex Review - Designed with Jnews Theme.