• 798 days Will The ECB Continue To Hike Rates?
  • 798 days Forbes: Aramco Remains Largest Company In The Middle East
  • 800 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,200 days Could Crypto Overtake Traditional Investment?
  • 1,205 days Americans Still Quitting Jobs At Record Pace
  • 1,207 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,210 days Is The Dollar Too Strong?
  • 1,210 days Big Tech Disappoints Investors on Earnings Calls
  • 1,211 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,213 days China Is Quietly Trying To Distance Itself From Russia
  • 1,213 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,217 days Crypto Investors Won Big In 2021
  • 1,217 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,218 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,220 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,221 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,224 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,225 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,225 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,227 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  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