USD/JPY Price Analysis: Drops toward the 78.6% Fibo level at 136.60s as bulls take a respite
16.12.2022, 16:33

USD/JPY Price Analysis: Drops toward the 78.6% Fibo level at 136.60s as bulls take a respite

  • The USD/JPY failed to gain traction despite rising US Treasury yields.
  • USD/JPY Price Analysis: Remains upward biased, though a pullback toward 136.00 is on the cards.

The USD/JPY fell after testing the 20-day Exponential Moving Average (EMA) around 137.88 and dropped below the 137.00 mark in the North American session amid a risk-off impulse. At the time of writing, the USD/JPY is trading at 136.63, below its opening price by 0.84%, after hitting a high of 137.80.

USD/JPY Price Analysis: Technical outlook

From a daily chart perspective, the USD/JPY remains range-bound, within the boundaries of the 20-day EMA and the 200-day EMA, each at 137.88-135.14, respectively. The Relative Strength Index (RSI), at bearish territory, aims downward, while the Rate of Change (RoC) is almost flat, signaling that buying pressure has faded.

Short term, the USD/JPY one-hour chart suggests that buyers are taking a respite after hitting 138.17. The major dived towards the confluence of the 78.6% Fibonacci retracement and the 100-EMA around 136.60, appearing to find support. Nevertheless, if the latter is breached, a fall toward the S1 daily pivot at 135.96 is on the cards. Contrarily, if the USD/JPY rallies toward the 61.8% Fibonacci level at 136.96, a test of the 137.00 figure is likely. Break above will expose the December 13 daily high at 137.97, ahead of the 138.00 mark.

USD/JPY Key Technical Levels

 

© 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