• 807 days Will The ECB Continue To Hike Rates?
  • 807 days Forbes: Aramco Remains Largest Company In The Middle East
  • 809 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,209 days Could Crypto Overtake Traditional Investment?
  • 1,214 days Americans Still Quitting Jobs At Record Pace
  • 1,216 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,219 days Is The Dollar Too Strong?
  • 1,219 days Big Tech Disappoints Investors on Earnings Calls
  • 1,220 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,222 days China Is Quietly Trying To Distance Itself From Russia
  • 1,222 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,226 days Crypto Investors Won Big In 2021
  • 1,226 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,227 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,229 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,230 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,233 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,234 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,234 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,236 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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