• 1,018 days Will The ECB Continue To Hike Rates?
  • 1,018 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,020 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,420 days Could Crypto Overtake Traditional Investment?
  • 1,425 days Americans Still Quitting Jobs At Record Pace
  • 1,427 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,430 days Is The Dollar Too Strong?
  • 1,430 days Big Tech Disappoints Investors on Earnings Calls
  • 1,431 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,432 days China Is Quietly Trying To Distance Itself From Russia
  • 1,433 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,437 days Crypto Investors Won Big In 2021
  • 1,437 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,438 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,440 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,441 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,444 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,445 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,445 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,447 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

USD/JPY: Challenging The Recent Highs at 99.94

USD/JPY is challenging the resistance at 99.94 (11/04/2013 high). Monitor also the strong resistance at 101.45. Hourly supports can be found at 98.96 (intraday low) and 97.22 (17/04/2013 low).

USD/JPY has validated a long-term bullish trend reversal formation by breaking the strong resistance at 85.53 (06/04/2011 high). A move towards the key resistance at 101.45 (06/04/2009 high) is expected.

A long-term bullish bias is favoured as long as the support at 92.57 (02/04/2013 low) holds. Further long-term strength towards 110.66 (15/08/2008 high) is likely.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment