USD/JPY Tests 158.000

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The price level of 158.000 for USD/JPY has been reached and will be tested. If a successful breakout occurs, the upside momentum could possibly push the currency rate higher towards 160.000.



However, if the price level of 158.000 is rejected in the near term, a move to the downside towards the price range of 156.800-156.055 is likely. If no support level is found within this range, the probability of further downside movement may increase.
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Fri, 03 Jan 2025 10:03:14 GMT

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Fri, 27 Dec 2024 13:50:06 GMT

GBP/USD Tests 1.25000 level

The holiday trading week allows global trader sentiment to determine the trading bias of a currency pair. GBP/USD is currently testing the 1.25000 price level. The price level of 1.26055 should be tested if the forward momentum in the price action suggests that a move to the upside is possible. In that case, the further price level of 1.27000 could

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