GBP/JPY returns to 165.00

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


The GBP/JPY currency pair appears to have reacted to the risk on sentiment, which was caused by the US Federal Reserve at 18:00 GMT on Wednesday. Namely, the Pound surged against the Japanese Yen and shortly reached above the 166.50 level. Afterwards, a decline back to the 164.50 level occurred. On Thursday morning, the pair was trading around the 165.00 mark.

A potential surge of the Pound against the Yen could encounter resistance in the 165.50 and 166.00 levels. However, both of these levels failed to stop the Wednesday's fundamental surge. Meanwhile, note that the rate also ignored the weekly R1 simple pivot point at 165.37.

A decline of the currency exchange rate is expected to find support in the combination of the 100-hour simple moving average and the 164.50 level. In the meantime, the 50 and 200-hour simple moving averages appears to have no impact on the pair. In addition, the weekly simple pivot point at 164.18 has been ignored.
Back to articles

Actual Topics

Thu, 28 Jul 2022 08:57:21 GMT

USD/CAD drops below 1.2800

The US Federal Reserve rate hike and subsequent comments about easier policy has caused a decline of the USD/CAD rate back to June levels. Moreover, the vital support of the 1.2800 mark was passed on Thursday morning. An extension of the ongoing decline of the US Dollar against the Canadian Dollar might look for support in the 1.2750 and 1.2700

Thu, 28 Jul 2022 08:46:44 GMT

AUD/USD tests 0.7000 resistance

The US Federal Reserve rate hike and the following press conference moved the AUD/USD rate to trade between the resistance of the 0.7000 mark and the support of the 0.6975/0.6980 zone. However, it was observed that the pair was managing to shortly reach above the 0.7000 level. If the Australian Dollar reaches above 0.7000, the 0.7040 and 0.7060 levels could act

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.