• 1,049 days Will The ECB Continue To Hike Rates?
  • 1,050 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,051 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,451 days Could Crypto Overtake Traditional Investment?
  • 1,456 days Americans Still Quitting Jobs At Record Pace
  • 1,458 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,461 days Is The Dollar Too Strong?
  • 1,461 days Big Tech Disappoints Investors on Earnings Calls
  • 1,462 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,464 days China Is Quietly Trying To Distance Itself From Russia
  • 1,464 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,468 days Crypto Investors Won Big In 2021
  • 1,468 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,469 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,471 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,472 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,475 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,476 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,476 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,478 days Are NFTs About To Take Over Gaming?
Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

USD/JPY - Bullish Pause

USD/JPY's bullish momentum has paused forming resistance above 111. Hourly resistance is given at 111.18 (21/11/2016 high). Support is given around 109.80 (16/11/2016 low). Stronger support lies at 108.56 (17/11/2016 low). 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