Best Forex Signals and Insights from Equidious Research USDJPY Analysts explained that USD/JPY has eroded the 55-day ma and the 2-month uptrend at 110.25/33 USD/JPY is currently trading at 110 the figure, trading between a range of 110.24 and 109.70. Japanese yen near six-week highs on global growth fears and moved for its biggest gain since January as safe-haven buying propelled the currency. USD/JPY attempts the retrace the sharp decline following the Federal Reserve meeting, with the pickup in volatility spurring a more material shift in FX sentiment, but recent price action raises the risk for a further decline in the dollar-yen exchange rate as it extends the series of lower highs & lows from the previous week. EURUSD Euro firmed on Monday as a stronger-than-forecast German business confidence survey allayed some fears about a recession and pulled the safe-haven yen from a 6-week high against the dollar. Euro gets a boost as IFO survey data beats forecast EURJ