USD/JPY Price Analysis: Struggles at 115.80 as market mood dampen, slides to 115.40s
16.02.2022, 16:20

USD/JPY Price Analysis: Struggles at 115.80 as market mood dampen, slides to 115.40s

  • Failure of USD/JPY buyers to print a daily close above 115.60 exacerbated a downward move towards 115.40s.
  • USD/JPY Technical Outlook: Neutral-upward biased, but in the short-term downward as geopolitical headlines dominated market mood.

On Wednesday, the USD/JPY edges lower as the North American session progresses, as market sentiment fluctuates between risk-on/off. At the time of writing, the USD/JPY is trading at 115.48.

USD/JPY Price Forecast: Technical outlook

During the overnight session, for North American traders, the USD/JPY reached a daily high of 115.80. However, as risk-aversion increased, courtesy by US Secretary of State Blinken remarks saying that they continue to see critical Russian units moving towards the border and not away, tilted market players’ mood.

The USD/JPY is upward biased, as depicted by the daily moving averages (DMAs) located well below the spot price. Tuesday’s failure to achieve a daily close above the January 28 daily high at 115.68 exacerbated a downward move, as shown by Wednesday’s price action, which tilted the USD/JPY as downward biased in the near term.

That said, the USD/JPY first support would be February 14 daily low at 115.00. A sustained break would expose the 50-DMA at 114.70, followed by the February 2 low at 114.14 and then the 100-DMA at 114.11.

Upwards, the USD/JPY first resistance would be 116.00. Breach of the latter would expose the YTD high at 116.35, followed by a challenge of a 24-month-old downslope trendline around 117.00. A clear break of that ceiling level would pave the way towards January 2017 swing high at 118.61.

 

© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik