USD/JPY technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The price has been in a clear uptrend. It recently had a dip, but it found strong support at the red line (the 100-period moving average) around the 150.00 level and bounced off it.



Now, the price is back above both the purple and red lines, which is a positive sign. The RSI indicator at the bottom is above 50, showing that buyers have momentum.

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.