• 1,119 days Will The ECB Continue To Hike Rates?
  • 1,119 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,121 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,521 days Could Crypto Overtake Traditional Investment?
  • 1,525 days Americans Still Quitting Jobs At Record Pace
  • 1,527 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,530 days Is The Dollar Too Strong?
  • 1,531 days Big Tech Disappoints Investors on Earnings Calls
  • 1,532 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,533 days China Is Quietly Trying To Distance Itself From Russia
  • 1,534 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,538 days Crypto Investors Won Big In 2021
  • 1,538 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,539 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,541 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,541 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,545 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,545 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,545 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,548 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

USD/JPY: Correcting

USD/JPY is correcting after having broken its resistance at 90.25. Hourly supports can be found at 90.29 (25/01/2013 low) and 89.85 (intraday low). A move towards the resistance at 92.89 is still favoured.

USD/JPY has validated a long-term bullish trend reversal formation by breaking the strong resistance at 85.53 (06/04/2011 high). The first long-term objective is the key resistance at 94.99 (04/05/2010 high). Another key resistance can be found at 101.45 (06/04/2009 high).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment