Live market review with OANDA

While the Japanese yen has struggled versus the U.S. dollar in recent years, the risk-off mood on Wall Street increased the appeal of the safe-haven JPY. Moreover, with tight fiscal policy often a precursor to a weaker currency, the JPY could benefit from the U.S. Administration’s new policies. But, how are the technicals unfolding, and do they align with historical periods of JPY strength?

In this webinar, we’ll explain:

• How to analyse the USD/JPY’s performance across short and medium-term timeframes
• Key support and resistance levels that have developed over the past several months
• The importance of Fibonacci retracement levels to help uncover when breakouts and breakdowns occur