Sat, Feb 07, 2026 23:13 GMT
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    USD/JPY Losing Momentum

    MultiBank Exchange Group
    By MultiBank Exchange Group

    Continues to move in the range between the 23.6% and the 50% retracement levels. Personally, I still believe that will reach and retest the 50% retracement level and the warning line (wl1) of the ascending pitchfork. We’ll have a clear direction only after a valid breakout from this extended sideways movement.

    MultiBank Exchange Group
    MultiBank Exchange Grouphttp://www.mexgroup.com
    Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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