• 1,011 days Will The ECB Continue To Hike Rates?
  • 1,012 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,014 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,413 days Could Crypto Overtake Traditional Investment?
  • 1,418 days Americans Still Quitting Jobs At Record Pace
  • 1,420 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,423 days Is The Dollar Too Strong?
  • 1,423 days Big Tech Disappoints Investors on Earnings Calls
  • 1,424 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,426 days China Is Quietly Trying To Distance Itself From Russia
  • 1,426 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,430 days Crypto Investors Won Big In 2021
  • 1,430 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,431 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,433 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,434 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,437 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,438 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,438 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,440 days Are NFTs About To Take Over Gaming?
Trade In Counterfeit Goods Hits Half A Trillion Dollars

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

USD/JPY - Fading Momentum

USD/JPY is still moving sideways. The pair is still moving around the 200-day moving average. Hourly support is given at 118.61 (04/09/2015 low). Stronger support can be found at 116.18 (24/08/2015 low). Hourly resistance can be found at 121.75 (28/08/2015 high).

A long-term bullish bias is favored as long as the strong support at 115.57 (16/12/2014 low) holds. A gradual rise towards the major resistance at 135.15 (01/02/2002 high) is favored. A key support can be found at 116.18 (24/08/2015 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment