- Analytics
- Market analysis
- Technical Analysis
- USD/JPY is testing the MA (200) H1.
USD/JPY is testing the MA (200) H1.
Today, the USD/JPY pair is mostly declining from 150.70 to 150.10 and is testing the MA (200) H1 (150.30) moving average line on the hourly chart. On the four-hour chart, the pair remains above the MA (200) H4 (148.50). Technically speaking, the resistance level of 150.90 may keep prices from further growth. If it is broken, the pair may rise to 151.45. The lower boundary of 150.00 represents a support level.
⦁ Resistance levels are: 150.85-90, 151.45, 151.95
⦁ Support levels are: 150.00, 149.50, 148.90
The main scenario for the pair suggests a break of resistance at 150.85-90 (Feb 13 and 26 highs) and maybe a rise to 151.45 (Nov 15-16 high)
The alternative scenario implies a break of support at 150.00 (Feb 22 low) and may be a decline to 149.50 (Feb 15 low)
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
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.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
