USD/JPY remains below 149.50

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


The surge of the USD/JPY remains stuck at the 149.50 level. Meanwhile, support is found at the 149.00 mark, as the weekly R1 simple pivot point is being ignored. In addition, the hourly moving averages continue to move higher.

A move above 149.50 is set to test the resistance of the 150.00 mark. Higher above, note the weekly R2 simple pivot point at 150.28. Higher above, the rate has respected all round levels. Namely, 150.50, 151.00 and 151.50 have all acted as resistance and support.

On the other hand, a decline of the US Dollar against the Yen below 149.00 could find support in 148.50/148.80 range. In addition, the hourly simple moving averages are moving higher and might provide additional support.
Back to articles

Actual Topics

Fri, 09 Feb 2024 15:47:40 GMT

Gold fails to move higher

In general, the price for gold found support in the 2,020.00 mark and once again tested the 2,030.00/2,040.00 range. The range held and another decline to 2,020.00 was taking place during the second part of Friday's trading. The ongoing decline could find support at the following levels - 2,015.00, 2,010.00 and 2,005.00. All of these levels have acted as support

Fri, 09 Feb 2024 15:43:07 GMT

GBP/USD remains above 1.2590/1.2610

On Thursday, the GBP/USD moved below the 1.2590/1.2610 range, but no broader decline occurred, as the weekly S1 simple pivot point acted as support at 1.2571. The pivot point forced the pair back up above the 1.2590/1.2610 range. On Friday, the support range held. During the second half of the day, the rate tested the resistance of the 200-hour

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.