{"id":341411,"date":"2024-07-10T19:38:44","date_gmt":"2024-07-10T14:08:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=341411"},"modified":"2024-07-10T19:38:44","modified_gmt":"2024-07-10T14:08:44","slug":"usd-jpy-price-analysis-short-term-uptrend-resumes-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-jpy-price-analysis-short-term-uptrend-resumes-crypto-news\/","title":{"rendered":"USD\/JPY Price Analysis: Short-term uptrend resumes &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>USD\/JPY has resumed its short-term uptrend after a pullback.\u00a0<\/strong><\/li>\n<li><strong>The pair could rise up to match the July 3 high at 161.95.\u00a0<\/strong><\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\" data-fxs-autoanchor=\"\">USD\/JPY<\/a> has continued recovering after finding support at 160.26, the July 8 low and bouncing. The pair has since established a new sequence of higher highs and higher lows on the 4-hour chart, indicative of the start of a short-term uptrend. Given \u201cthe trend is your friend\u201d the odds now favor a continuation higher.\u00a0<\/p>\n<h3 class=\"fxs_headline_medium\">USD\/JPY 4-hour Chart\u00a0<\/h3>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/_USD_JPY_2024-07-10_15-16-58-638562149477744477.png\"><\/a><\/p>\n<p>USD\/JPY is also in an uptrend on an intermediate and long-term time frame, further supporting a bullish <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\" data-fxs-autoanchor=\"\">outlook<\/a>.\u00a0<\/p>\n<p>A break above 161.61 would signify more upside to the next target at 161.95 (the July 3 high). A break above that level would establish a higher high and provide further bullish confirmation. Such a move would probably reach the 162.70s initially, at the top of the rising channel, where it would again meet resistance.\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>USD\/JPY has resumed its short-term uptrend after a pullback.\u00a0 The pair could rise up to match the July 3 high at 161.95.\u00a0 USD\/JPY has continued recovering after finding support at 160.26, the July 8 low and bouncing. The pair has since established a new sequence of higher highs and higher lows on the 4-hour chart, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,308,275,256,254],"class_list":["post-341411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/341411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=341411"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/341411\/revisions"}],"predecessor-version":[{"id":341414,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/341411\/revisions\/341414"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/11392"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=341411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=341411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=341411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}