USD/JPY could reach 149.00

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


The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance.

The events resulted in the rate breaking the 146.50/147.00 resistance zone and a follow up test of the 148.50/148.80 range. On Tuesday, the rate continued to test the range, but changes could soon occur, as the additional support of the 50-hour simple moving average had approached the pair.

A breaking of the resistance range is set to face the 149.00 level, the weekly R1 simple pivot point at 149.30 and the 149.50 and 150.00 levels.

In the case of a USD decline below the 148.50 level and the 50-hour simple moving average, the rate could look for support in the 148.00 level. Below 148.00 there is a concentration of technical levels near the 147.50 level. The round exchange rate is strengthened by the weekly simple pivot point at 147.60 and the 100 and 200-hour simple moving averages.
Back to articles

Actual Topics

Tue, 06 Feb 2024 14:08:04 GMT

Gold confirms support at 2,015.00

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. The events caused a drop

Tue, 06 Feb 2024 13:56:31 GMT

GBP/USD finds support above 1.2500

The United States Bureau of Labor Statistics has published the monthly employment data sets. The released data has caused a surge of the US Dollar of 0.5% over the span of a minute. Afterwards, the Dollar continue to gain, as the momentum had continued. Since mid-Monday, the Dollar index was testing the 104.50 level's resistance. On the GBP/USD charts 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.