• 1,193 days Will The ECB Continue To Hike Rates?
  • 1,193 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,195 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,595 days Could Crypto Overtake Traditional Investment?
  • 1,600 days Americans Still Quitting Jobs At Record Pace
  • 1,602 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,605 days Is The Dollar Too Strong?
  • 1,605 days Big Tech Disappoints Investors on Earnings Calls
  • 1,606 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,608 days China Is Quietly Trying To Distance Itself From Russia
  • 1,608 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,612 days Crypto Investors Won Big In 2021
  • 1,612 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,613 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,615 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,616 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,619 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,620 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,620 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,622 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…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  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