• 1,143 days Will The ECB Continue To Hike Rates?
  • 1,144 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,145 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,545 days Could Crypto Overtake Traditional Investment?
  • 1,550 days Americans Still Quitting Jobs At Record Pace
  • 1,552 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,555 days Is The Dollar Too Strong?
  • 1,555 days Big Tech Disappoints Investors on Earnings Calls
  • 1,556 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,558 days China Is Quietly Trying To Distance Itself From Russia
  • 1,558 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,562 days Crypto Investors Won Big In 2021
  • 1,562 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,563 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,565 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,566 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,569 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,570 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,570 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,572 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…

  1. Home
  2. Markets
  3. Other

USD/JPY: Drifting Lower

USD/JPY remains capped by its declining trendline. Monitor the support at 96.82 (28/08/2013 low). Another support stands at 95.81. Resistances are at 97.87 and 98.73 (01/10/2013 high).

In the longer term, the technical configuration since the 22 May peak at 103.74 looks like a pause within an underlying uptrend. A significant support stands at 95.81. A key resistance stands at 101.53.

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment