USD/JPY trades below 105.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs34%32%5.2%
Shorts66%68%-2.7%
Indicator4H1D1W
MACD(12;26;9)SellSellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)BuyNeutralNeutral
Alligator(13;8;5)SellSellSell
SAR(0.02;0.2)SellSellSell
Aggregate

The USD/JPY currency pair has tumbled below the psychological level at 105.00.

On the one hand, it is likely that some downside potential could prevail in the market. Note that the nearest support level—the weekly S2, is located at the 104.62 mark.

On the other hand, it is likely that a reversal north could occur in the nearest future. In this case the currency pair could raise to the resistance area formed by the 55-, 100– and 200-hour SMAs, as well the weekly and monthly PPs in the 105.34/105.44 range.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
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.