• 1,007 days Will The ECB Continue To Hike Rates?
  • 1,007 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,009 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,409 days Could Crypto Overtake Traditional Investment?
  • 1,414 days Americans Still Quitting Jobs At Record Pace
  • 1,416 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,419 days Is The Dollar Too Strong?
  • 1,419 days Big Tech Disappoints Investors on Earnings Calls
  • 1,420 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,421 days China Is Quietly Trying To Distance Itself From Russia
  • 1,422 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,426 days Crypto Investors Won Big In 2021
  • 1,426 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,427 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,429 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,430 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,433 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,434 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,434 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,436 days Are NFTs About To Take Over Gaming?
Tesla Struggles To Compete In European Market

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

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 - Breaking 200-Day Moving Average

USD/JPY's buying pressures are growing. Hourly resistance at 105.53 (28/10/2016 high) has been broken. Key support can be found at 100.09 (27/09/2016). Expected to see further upside moves.

We favor 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