- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/JPY Price Analysis: Bulls flirt with 131.00 inside weekly rising wedge
USD/JPY Price Analysis: Bulls flirt with 131.00 inside weekly rising wedge
- USD/JPY remains on the front foot around 20-year top marked in April.
- Short-term bearish chart pattern, overbought RSI may trigger pullback moves but buyers remain hopeful above fortnight-old support line.
USD/JPY stays bullish as the three-day upside momentum approaches a two-decade high flashed last month. However, an immediate rising wedge bearish chart formation joins overbought RSI conditions to test the further upside. That said, the yen pair seesaws around 131.00, up 0.30% intraday, during early Monday morning in Europe.
In addition to the overbought RSI and the wedge’s resistance around 131.20, the previous multi-year high of 131.25, will also act as nearby upside filters to challenge USD/JPY bulls.
Should the USD/JPY prices rally beyond 131.25, the upward trajectory can slowly approach the year 2002’s high surrounding 135.20.
Alternatively, a downside break of 130.70 can confirm a short-term downside targeting the 200-HMA and an ascending support line from April 26, respectively around 129.85 and 129.30.
However, a clear downside break of 129.30 won’t hesitate to aim for the year 2015’s high surrounding 125.85.
Overall, USD/JPY remains firmer but a short-term pullback can’t be ruled out.
USD/JPY: Hourly chart
Trend: Pullback expected
© 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
