USD/JPY technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
USD/JPY has recently tested the 155.000 price level, marking a significant point of interest in the short term. Given the current market conditions, there is potential for a bullish reversal as the pair may find support around this level. Posssible reversal towards 0% retracement level of 158.500 may be anticipated.



If no bullish momentum materializes, it's plausible that USD/JPY could re-test the 155.500 level. A failure to maintain upward movement at the 155.000 level may result in a pullback, pushing the pair back toward this higher price point.

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Wed, 29 Jan 2025 09:08:45 GMT

EUR/USD Technical analysis

EUR/USD is trading at the 1.4210 level after rejecting the support at 1.04545 and resistance at 1.05260. Short-term consolidation at the 1.04210 level may occur. If bullish momentum continues, the resistance at 1.05260 may be tested again. If weakness persists, 1.03600 could become a potential support level.

Tue, 21 Jan 2025 16:19:30 GMT

EUR/USD Technical analysis

EUR/USD has seen a recovery towards levels of 1.0400 while breaching price levels 1.03560 and creating a support level. in that zone Further momentum to the upside could bring the FX currency pair closer to 1.04210. The FX pair is trading above the simple moving averages, which could indicate a shift in momentum from bearishness to bullishness in the

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