• 684 days Will The ECB Continue To Hike Rates?
  • 684 days Forbes: Aramco Remains Largest Company In The Middle East
  • 686 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,086 days Could Crypto Overtake Traditional Investment?
  • 1,091 days Americans Still Quitting Jobs At Record Pace
  • 1,092 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,096 days Is The Dollar Too Strong?
  • 1,096 days Big Tech Disappoints Investors on Earnings Calls
  • 1,097 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,098 days China Is Quietly Trying To Distance Itself From Russia
  • 1,099 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,103 days Crypto Investors Won Big In 2021
  • 1,103 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,104 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,106 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,106 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,110 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,111 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,111 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,113 days Are NFTs About To Take Over Gaming?
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

USD/JPY: The Recent Low at 100.67 is Challenged

USD/JPY has successfully tested its resistance at 102.59 and is now challenging the support at 100.67. Other supports can be found at 99.95 and 98.58. An initial resistance lies at 101.54 (intraday high).

The overextended nature of this market calls for some caution. However, as long as the support at 95.77 (05/04/2013 low) holds, further long-term strength towards 110.66 (15/08/2008 high) is favoured. We do not expect a break of this resistance in the coming months though.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment