Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

USD/JPY: 2-week channel under question

USD/JPY: 2-week channel under question

Information is not investment advice

The USD/JPY bounced down from the resistance of 107.90 at the upper border of the channel it has been in for the last two weeks. Currently at 107.43, it is testing the lower border of that channel, and bears already showed that they are ready to keep pressure. If that happens, the support of 107.07 will be the nearest target - watch the news as they keep weakening the USD across the board and against the JPY in particular. Otherwise, be careful with a possible turnaround as it already happened on May 20, 22 and 27. 




Choose your payment system

Learn more