USD/JPY pierces 143.50 level

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


The USD/JPY has continued to surge, despite slowing down. On Thursday, the currency pair passed above the 143.50 level, before retracing back down and looking for support.

If the rate finds support in the 142.70/143.10 range, it could resume its surge and aim at the combined resistance of the 144.00 mark and the weekly R2 simple pivot point at 144.09. Higher above, note the 144.50 level and the resistance zone at 145.00.

However, a decline of the US Dollar against the Yen is expected to look for support first in the weekly R1 at 142.61, the 100-hour simple moving average and the 142.50 level. Below these levels, note the 141.50/142.00 range and the 200-hour simple moving average.
Back to articles

Actual Topics

Thu, 03 Aug 2023 09:58:56 GMT

Gold reaches below 1,940.00

The price for gold has encountered resistance in the combination of the 50 and 100-hour simple moving averages near 1,955.00. The event combined with the broader USD strengthening on Wednesday has caused a decline of the commodity price. By mid-Thursday, the metal had reached the support zone at 1,930.50/1,932.10. In the case of the metal passing below the support zone

Thu, 03 Aug 2023 09:41:15 GMT

EUR/USD pierces another support level

The EUR/USD has declined below the support of the weekly S1 simple pivot point at 1.0920. Next target for the decline appeared to be the 1.0900 mark. In the meantime, the rate appeared to be confirming the 1.0935/1.0945 range as resistance. A decline below 1.0900 mark could eventually reach the support of the July low levels at 1.0835/1.0840, 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.