USD/JPY approaches 149.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA


On Friday, the surge of the USD/JPY currency pair almost reached the 149.00 mark. However, resistance was encountered at 148.85. Since the event, the pair has been consolidating in the range between 148.40 and 148.85.

A surge above 148.85 could encounter resistance in the 149.00 and 149.50 levels. Higher above, take into account the weekly R1 simple pivot point at 149.98 and the most notable 150.00 mark.

On the other hand, a decline of the rate below 148.40 might look for support in the combination of the 148.00 level and the 50-hour simple moving average, before reaching the weekly simple pivot point at 147.61 and the 147.50 level.
Back to articles

Actual Topics

Mon, 17 Oct 2022 08:36:13 GMT

Gold finds support at 1,640.00

The price for gold found support in the 1,640.00 level and the zone above it. On Monday, the price had recovered and reached above 1,650.00 . An extension of the price recovery could encounter resistance in the 50 and 100-hour simple moving averages near 1,660.00. Higher above, the last week's high levels above 1,680.00 might once again stop a surge. A decline

Mon, 17 Oct 2022 08:22:18 GMT

GBP/USD finds support in 1.1150

The Friday's decline of the GBP/USD pair found support in the 1.1150 level. By the start of Monday's European trading, the rate had recovered to the 1.1300 mark. A surge of the Pound against the US Dollar is expected to encounter resistance in the 1.1300 and 1.1350 levels, and the last week's high level zone above it. Higher, note the weekly

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.