Technical Analysis – USDJPY edges sideways as progress remains capped
USDJPY appears to be maintaining a horizontal trajectory trapped between the 200-period simple moving average (SMA) and the 50-period SMA. A paused state of directional momentum is reflected in the Ichimoku lines, while the price rests around the upper surface of the Ichimoku cloud. The mixed signals in the short-term oscillators further reflect the stall […]