USD/JPY seesaws around intraday high near 134.40 as bulls keep the reins for the third consecutive day amid early Tuesday morning in Europe. In doing so, the Yen pair also prints mild gains near the highest levels in two months, poked on Friday.
That said, the 200-day Exponential Moving Average (EMA) joins an upward-sloping trend line from February 02 to restrict the USD/JPY pair’s immediate downside near 133.80. However, the 100-day EMA level surrounding 134.75 guards nearby the upside.
It’s worth noting, however, that the bullish MACD signals and higher low bullish formation on the daily chart keep the USD/JPY pair buyers hopeful.
That said, the recent top surrounding 135.10, marked on Friday, acts as an extra filter towards the north past 100-day EMA.
Following that, a run-up towards mid-December 2022, close to 138.20, can’t be ruled out. Though, the 140.00 psychological magnet may challenge the Yen pair buyers afterward.
Meanwhile, a downside break of the 133.80 support confluence could quickly drag the USD/JPY price towards an early month swing high near 132.90.
Though, multiple levels near 31.30-20 and the 130.00 round figure could challenge the USD/JPY pair’s downside past 132.90.
In a case where the quote remains bearish below 132.90, the previous monthly low of 127.21 will be in the spotlight.

Trend: Further upside 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.