USD/JPY remains near 150.00

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


The USD/JPY pair failed to break the resistance f the 150.65/150.90 range. The rate has retraced and found support in the 149.85/149.95 zone.

On Monday, the pair was observed to be once again approaching the 150.65/150.90 range and the weekly R1 simple pivot point at 150.87. In general, a move above this range could immediately stop at the 151.00 level.

However, if the US Dollar declines against the Yen, note that the 50, 100 and 200-hour simple moving averages might slow down a potential drop, before the rate reaches the 150.00 mark and the weekly simple pivot point at 150.04. Further below, the 149.85/149.95 range might once again come into play.
Back to articles

Actual Topics

Mon, 04 Mar 2024 13:17:15 GMT

Gold accelerates its surge

Gold was already heading higher in an ascending channel, as US fundamental news caused a drop of the US Dollar. The price for gold jumped and almost reached the 2,090.00 mark. There appears to be a resistance zone near that level. Meanwhile, support is found in the 2,080.00 level. A breaking above 2,090.00 is bound to encounter resistance in

Mon, 04 Mar 2024 12:45:26 GMT

GBP/USD recovers

The situation has not changed. In general, the GBP/USD has been trading between the 1.2600 and 1.2700 levels. Meanwhile support and resistance from time to time is found in the 1.2620, 1.2640, 1.2660 and 1,2680 levels. In addition, note the 50, 100 and 200-hour simple moving averages and the weekly simple pivot point near 1.2650. On Friday, the pair found

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.