USD/JPY is highly volatile

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


The USD/JPY managed to pass the support of the 107.80/108.00 zone. This resulted in a sharp drop to the 107.50 level. However, the support of the 107.50 managed to hold and immediately cause a surge. The surge was much sharper than the drop and in less than two hours had almost reached the 108.20 level, ignoring all the levels that had any significance during the week.

In the near term future, the USD/JPY was expected to encounter resistance in the 108.20 level, which provided the rate with resistance during the week.

In the case of the rate passing the resistance of the 108.20 mark, the USD/JPY could test the upper trend line of the channel down pattern. On the other hand, a decline would be almost impossible to forecast, as it appears that the SMAs and the 107.80/108.00 zone are being ignored.
Back to articles

Actual Topics

Fri, 23 Apr 2021 15:17:27 GMT

Gold falls below pivot points

The high levels from 1,790.00 to 1,800.00 have been marked in a resistance zone, as it has held throughout this week. On Friday, the rate passed the support levels of the 55 and 100-hour simple moving averages, which previously provided support. The decline of the metal had no support as low as the 1,765.00 mark and the 200-hour simple moving average

Fri, 23 Apr 2021 14:44:59 GMT

GBP/USD is between SMAs

On Friday, the GBP/USD currency exchange rate began to trade sideways between the support of the 200-hour simple moving average at 1.3855 and the resistance of the 55-hour SMA at 1.3893. In the case of the rate breaking out of the squeeze to the downside, the rate would most likely look for support first in the 1.3800 level and afterwards

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.