USD/JPY Price Analysis: Bullish harami looms, with bulls targeting 131.50
Abstract：USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131. After a round of US economic data, suggesting the US Federal Reserve (Fed) could begin to hike rates in 25 bps sizes. Therefore, the Japanese Yen (JPY) strengthened, so the USD/JPY is down 0.24%. At the time of writing, the USD/JPY is trading at 129.92.
• USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards.
• USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131.57 before turning neutral.
USD/JPY remains downtrend but is about to form a bullish harami candle pattern, suggesting an upward correction on the cards. USD/JPY Price Analysis: Once it clears 129.50, it could rally towards 131. After a round of US economic data, suggesting the US Federal Reserve (Fed) could begin to hike rates in 25 bps sizes. Therefore, the Japanese Yen (JPY) strengthened, so the USD/JPY is down 0.24%. At the time of writing, the USD/JPY is trading at 129.92.
USD/JPY Price Analysis: Technical outlook
The USD/JPY remains downward biased as the pair has remained below the 20-day Exponential Moving Average (EMA) at 130.60. Friday‘s price action remains contained within the boundaries of Thursday’s high and low, opening the door for a bullish harami candlestick formation, also known as an inside day, in the regular bar chart jargon. Therefore, the USD/JPY could print a leg-up before resuming its downtrend.
Hence, the USD/JPY next resistance would be 130.00, followed by the confluence of the 20-day EMA and a downslope trendline around 130.60, which, once cleared, might send the USD/JPY climbing towards the January 24 swing high at 131.11. Break above will expose the January 18 high of 131.57.
As an alternate scenario, the USD/JPY could fall towards 129.49, Januarys 27 low. Once broken, the next support would be the weekly low of 129.02, followed by the YTD low at 127.21.
USD/JPY Key Technical Levels
USD/JPY
Read more
Errante Review 2026: Users Claim a Poor Trading Experience. What Does Our Investigation Reveal?
Errante, a Seychelles-based brokerage entity, is facing serious trading allegations from users globally. Users claim to have earned profits legitimately using their strategies. However, on the Errante login dashboard, many users reported an automatic deduction of earned profits. At the same time, withdrawal issues allegedly haunt many traders here. While investigating, we also found complaints concerning trade order manipulations by the broker. In this Errante review, we have examined these allegations and given an overview of its regulatory status.
Monisha Chakraborty Appointed as RB Executive Director: What Does This Mean for India's FX Market?
The Reserve Bank of India has appointed Monisha Chakraborty as Executive Director with effect from 3 August 2026; she will oversee the Foreign Exchange Department and the Financial Markets Regulation Department. Chakraborty is a career central banker with over three decades of experience in Supervision, Foreign Exchange, and Government and Bank Accounts, and previously served as Banking Ombudsman. This report explains the significance of the new RBI Executive Director appointment for forex regulation India, the scope of the Foreign Exchange Department and the Financial Markets Regulation Department, and what authorised persons, banks, and forex market participants should monitor as the new ED takes charge.
Forex Liquidity Provider in 2026: How to Choose One Your Brokerage Can Actually Operate
A forex liquidity provider decision now shapes the broker's spreads, fills, slippage, hedging cost, regulatory exposure, and exit options long after the platform is chosen. This 2026 guide explains what a forex LP actually delivers versus what the marketing claim says, how tier-1 banks, prime of prime, and multi-LP aggregators differ in practice, and how execution models (DMA, ECN, STP) change the broker's daily operating reality. It also walks through due diligence on credit, technology, reporting, governance, and exit, and shows how a 2026 broker can combine a primary LP with secondary routing without losing control of the client experience. Use the decision matrix, integration timeline, and operational tests to compare an fx liquidity provider before contract signature, not after a market event.
Moneta Markets Receives UAE Category 5 Licence
Moneta Global Financial Services LLC has received a Category 5 licence from the UAE Capital Market Authority, establishing a regulated structure for the company’s activities in the country.
WikiFX Broker
Latest News
Apple Faces Lawsuit Over Fake Crypto App Exposing $1.8 Million Theft
WikiFXTrump Memecoin Faces SEC Scrutiny After Nearly One Million Investors Suffer Heavy Losses
WikiFX"They Want to See Your Face": Inside ATFX Cambodia's Rise
WikiFXSpread Cheating: The Invisible Trading Cost That Could Be Working Against You
WikiFXLevels Review: No Regulation and Mounting Withdrawal Complaints – What Traders Need to Know
WikiFXLQH MARKETS Review: Multiple Traders Report Withdrawals Blocked and Accounts Terminated
WikiFXBorn2trade Adds Copy Trading to 1:5000 Leverage Platform
WikiFXPILOTFX Review: What Traders Should Know Before Depositing
WikiFXLMAX Group Review 2026: Users Report Disturbing Withdrawal Issues - Is the Broker Still Reliable?
WikiFXTrade24Seven Review: What Traders Should Know Before Depositing
WikiFXRate Calc
