- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/JPY Price Analysis: Retests 116.00 on breaking weekly support but bulls stay hopeful
USD/JPY Price Analysis: Retests 116.00 on breaking weekly support but bulls stay hopeful
- USD/JPY consolidates the heaviest daily gains in six weeks near five-year top.
- Bullish flag, sustained trading above 50-HMA keeps buyers hopeful.
- Bears may wait for downside break of November’s top, 116.20 acts as the key resistance.
- Overbought RSI triggered pullback on D1, 114.00 is crucial support.
USD/JPY pulls back from five-year high to retest 116.00, down 0.06% intraday heading into Wednesday‘s European session.
In doing so, the yen pair seesaws inside a short-term bull-flag chart pattern amid overbought RSI on the daily and bearish MACD signals on the hourly formations. That said, the quote’s latest weakness could be linked to a downside break of the weekly support line, now resistance.
It’s worth noting that the stated flag’s support line near 115.90 restricts the quote’s immediate downside ahead of the 50-HMA level of 115.67.
Meanwhile, a convergence of the previous support and flag’s upper line, near 116.20, appears a tough nut to crack for the USD/JPY bulls.
USD/JPY: Hourly chart
In contrast to the hourly chart, the daily play suggests that the USD/JPY bulls are running out of steam, per overbought RSI, around an upward sloping trend line from October around 116.50.
The pullback moves, however, remain less worrisome until breaking a two-week-old support line near 115.25.
Even so, the USD/JPY pair seller remains cautious until the quote stays beyond 50-DMA and an upward sloping trend line from September, close to 114.00.
To sum up, USD/JPY traders are seeking fresh clues around the multi-day top.
USD/JPY: Daily chart
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
