USD/JPY Technical analysis

Source: Dukascopy Bank SA
USD/JPY has clearly shifted into a bearish phase after its early February recovery attempt failed. The pair tried to rally toward 156.29 but could not sustain the move, forming a lower high compared to the mid-January peaks around 158.00–160.00. This failure signaled weakening upside momentum. The recent price action confirms growing selling pressure, with strong bearish candles showing little to no lower wicks, indicating that sellers are firmly in control while buyers remain sidelined. The pair has broken below the 154.95 support level and is now trading near 153.24.



A decisive close below this area would likely open the door to further downside toward the key psychological level at 152.00, followed by the more critical long-term support around 150.00. Momentum indicators reinforce this negative outlook. The RSI (20) is currently at 24.17, which places it in oversold territory. However, in strong downtrends, oversold readings often reflect sustained bearish momentum rather than signaling an immediate reversal. The steep downward slope of the RSI also suggests that downside pressure may continue before any meaningful rebound develops.
Back to articles

Actual Topics

Tue, 17 Feb 2026 09:37:51 GMT

BTC/USD Technical analysis

Bitcoin on the 4-hour chart is stabilizing after a sharp drop, moving sideways between roughly 63000.00 and 71000.00 as it searches for direction. The current price is around 68000.00, with the 60-period simple moving average acting as resistance. The price has briefly risen above this SMA, but not strongly enough to confirm a breakout. Key levels to watch are 71280.00

Tue, 10 Feb 2026 09:05:39 GMT

BTC Technical analysis

Price action remains capped by a clear long-term descending resistance that has rejected upside attempts since October, keeping the broader downtrend intact. Bitcoin recently bounced from a local low near 60000.00 and is now hovering around 69166.00, suggesting temporary support, but this move looks more like consolidation than a confirmed reversal. On the upside, resistance is heavy around 90000.00, where

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.