USD/JPY bounces off 135.00

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


The resistance of the 135.00 mark has held and the pair has declined to the support zone near 132.50. The decline is being attributed to a broader run to safety. The run to safe assets has been caused by the crash of Credit Suisse.

A move below 132.50 could look for support in the 132.00 mark and the weekly S2 simple pivot point at 131.86. Further below, note the 131.50 and 131.00 levels.

However, a recovery of the US Dollar against the Japanese Yen is set to encounter resistance in the 133.50 level, the 50-hour SMA and the weekly S1 simple pivot point at 133.41, prior to approaching the 100-hour SMA and the 135.00 mark.
Back to articles

Actual Topics

Wed, 15 Mar 2023 13:56:37 GMT

Gold jumps to 1,930.00

The crash of Credit Suisse stock price has caused a run to safety. On Gold charts it has resulted in a surge up to the 1,930.00 level. A move higher might be slowed down by round price levels, before the commodity price tests historical high levels. Namely, the January and February high levels are expected to act as resistance at 1,949.00

Wed, 15 Mar 2023 13:31:01 GMT

GBP/USD bounces off 1.2200

The US Dollar has resumed it broader surge. On the GBP/USD charts it has resulted in a bounce off from the resistance of the 1.2200 level and a decline. By the middle of Wednesday's European trading hours, the currency pair had reached 1.2050. An extension of the ongoing decline might look for support in the combination of the 1.2000 mark, the

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.