Key Resistance zone: 105.65 Key support zone: 105 – 104.410 USD/JPY Long-Term Trend: Bullish The USD/JOY has been rallying since it hit the lows at 102.60 back in January 5th 2021. We have seen a very clean 310 pip bullish move but now the pair has rejected a big resistance level (105.65) which confluences with […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY is in an upward move. On February 3 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that the Yen will rise to level 2.0 Fibonacci extensions or level 108.18. Daily Chart Indicators […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has reached the target price and was rejected. The price retraced to the low at level 104.62. The current support appears to be holding as there is the presence of bullish signals. The market is expected to move […]
Miyezo Yofunikira Yotsutsa: 111.000, 112.000, 113.000Magawo Ofunika Othandizira: 104.000, 103.000, 102.000 USD / JPY Mtengo Wanthawi Yaitali: BullishThe USD/JPY ikhoza kutsika chifukwa cha kukana. Pa Januware 11 uptrend; gulu la kandulo lobwezeredwa linayesa 50% Fibonacci retracement level. Kubwerezaku kukuwonetsa kuti Yen ikuyenera kukwera kufika pamlingo wa 2.0 Fibonacci zowonjezera. Izi ndiye […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has continued its rally. On January 11 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates the Yen is likely to rise to level 2.0 Fibonacci extensions. This is the high of level […]
Magawo Ofunika Kwambiri Otsutsa: 111.000, 112.000, 113.000Magawo Ofunika Othandizira: 104.000, 103.000, 102.000 USD / JPY Mtengo Wanthawi Yaitali: BullishKwa masiku atatu apitawa, USD / JPY ili mumsonkhano wachidule. Awiriwo adakweranso pamwamba pa mlingo wa 103.57 ndipo akuyandikira mlingo wa 105.00. Kusunthira kumtunda kukuyang'anizana ndi kukanidwa pamlingo wa 104.94. Ndizokayikitsa ngati msonkhanowo upitilira […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe pair is facing rejection at level 102.00. USD/JPY was first rejected at level 104.00 as it fell to 103.71 low. Also, the Yen was repelled at the 50-day SMA as the pair resumes downward. The selling pressure will resume […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe pair has resumed an upward move. The uptrend is ongoing. On January 11 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the USD/JPY will rise and reach level 1.618 Fibonacci extensions or […]
Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY pair has been in a downward move. Since January, the market has been in an upward move. On January 11 uptrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that the Yen will […]
