USD/JPY reaches below trend line

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


The USD/JPY currency pair has retreated below the supporting trend line, which guided it since May 23. However, despite the move below support levels, the rate was making attempts at surging during the Tuesday's early trading hours.

If the US Dollar resumes its surge against the Japanese Yen, the pair would face resistance in the 134.50, 134.75 and 135.00 levels. Higher above, note the 135.50 mark and the weekly R1 simple pivot point at 135.82.

On the other hand, a potential proper decline is set to look for support in the 133.50 mark, before approaching the support zone at 132.99/133.20. In addition, note the weekly simple pivot point at 133.12.
Back to articles

Actual Topics

Tue, 14 Jun 2022 12:09:47 GMT

Gold declines to 1,810.00

The price for gold eventually reached below the 1,825.00/1,830.00 zone. However, by the end of Monday's trading the pair had found support in the 1,810.00 mark and recovered to 1,830.00. A resumption of the decline of the commodity price would look for support in the 1,810.00 and 1,800.00 levels, before aiming at the May low levels near 1,790.00. If the price

Tue, 14 Jun 2022 10:08:48 GMT

GBP/USD decline continues

On Tuesday morning, the GBP/USD decline consolidated by retracing back up to the combined resistance of the weekly S1 simple pivot point and the 1.2200 mark. Afterwards, the rate resumed its decline, as before mid-day the pair was already back at the weekly S2 simple pivot point at 1.2100. In general, a passing below 1.2100 could result in the pair reaching

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.