• 1,035 days Will The ECB Continue To Hike Rates?
  • 1,036 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,037 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,437 days Could Crypto Overtake Traditional Investment?
  • 1,442 days Americans Still Quitting Jobs At Record Pace
  • 1,444 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,447 days Is The Dollar Too Strong?
  • 1,447 days Big Tech Disappoints Investors on Earnings Calls
  • 1,448 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,450 days China Is Quietly Trying To Distance Itself From Russia
  • 1,450 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,454 days Crypto Investors Won Big In 2021
  • 1,454 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,455 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,457 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,458 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,461 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,462 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,462 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,464 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

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 - Trading In Range

USD/JPY's short-term buying pressures have faded around hourly resistance given at 102.83 (02/08/2016 high). A failure to go above 102.83 indicates a continued medium-term bearish momentum. Hourly support is given at 100.68 (02/08/2016 low).

We favour a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment