USDJPY now above 122.00 (and other JPY crosses continuing to move too).

The JPY continues to get hit with the USDJPY, and the JPY crosses all pushing higher

• The USDJPY USD/JPY The USD/JPY is the currency pair encompassing the dollar of the United States of America (symbol $, code USD), and the Japanese yen of Japan (symbol ¥, code JPY). The pair’s rate indicates how many Japanese yen are needed in order to purchase one US dollar. For example, when the USD/JPY is trading at 100.00, it means 1 US dollar is equivalent to 100 Japanese yen. The US dollar (USD) is the world’s most traded currency, whilst the Japanese yen is the world’s third most traded currency, resulting The USD/JPY is the currency pair encompassing the dollar of the United States of America (symbol $, code USD), and the Japanese yen of Japan (symbol ¥, code JPY). The pair’s rate indicates how many Japanese yen are needed in order to purchase one US dollar. For example, when the USD/JPY is trading at 100.00, it means 1 US dollar is equivalent to 100 Japanese yen. The US dollar (USD) is the world’s most traded currency, whilst the Japanese yen is the world’s third most traded currency, resulting Read this Term is now trading above the 122.00 level and has reached a high at 122.12. The price is now moving into the upper extreme area (see post here)

• The EURJPY EUR/JPY The EUR/JPY is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the Japanese yen of Japan (symbol ¥, code JPY). The pair’s rate indicates how many Japanese yen are needed in order to purchase one euro. For example, when the EUR/JPY is trading at 125.00, it means 1 euro is equivalent to 125 Japanese yen. The euro (EUR) is the world’s second most traded currency, whilst the Japanese yen (JPY) is the world’s third most traded currency, resulti The EUR/JPY is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the Japanese yen of Japan (symbol ¥, code JPY). The pair’s rate indicates how many Japanese yen are needed in order to purchase one euro. For example, when the EUR/JPY is trading at 125.00, it means 1 euro is equivalent to 125 Japanese yen. The euro (EUR) is the world’s second most traded currency, whilst the Japanese yen (JPY) is the world’s third most traded currency, resulti Read this Term has now moved above its 2021 high at 134.117. The door is now open for a move toward 134.58 (see post here)

• The GBPJPY has moved back away from its 50% midpoint of the range since the 2015 high. That level comes in at 159.918. The price has traded above and below that level over the last three trading days. The high from yesterday at 161.09 is the next upside target. The high price today reached 161.01 so far

• The AUDJPY is not trading at the highest level since August 2015 after moving above the November 2015 high at 90.69 area. The price is currently trading at 91.57. The high price reached 91.76. Stay above 90.695 keeps the buyers firmly in control.