USD/JPY Technical analysis

Note: This section contains information in English only.
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, 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

Fri, 06 Feb 2026 13:54:55 GMT

XAG/USD Technical analysis

XAG/USD remains structurally bearish, with price trading below the 30, 50, and 100 SMAs in a classic bearish alignment, meaning the broader momentum is still to the downside. The recent bounce is corrective rather than impulsive, as price is reacting from the 73.95 support area but remains capped below the moving-average cluster around 78.8–81.3, which is likely to act as

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.