- Analytics
- Market analysis
- Technical Analysis
- USD/JPY rose to a 2-week high
USD/JPY rose to a 2-week high
Today, the USD/JPY pair is mainly growing from 151.05 to 152.80, reaching a 2-week high. On the hourly chart, the pair rose slightly above the moving average line MA (200) H1 (151.40) and on the four-hour chart it is testing MA (200) H4 (152.75). Technically speaking, the resistance of 153.30 can keep USD/JPY from further growth. If this level is broken, the pair may rise to 155.00. The lower limit of 150.90 represents a strong support level. The most likely range of the pair's movement for today may be hidden within the existing range of 150.90-153.30
⦁ Resistance levels are: 153.30, 155.00, 155.90
⦁ Support levels are: 150.90, 149.40, 148.65
The main scenario for the pair's promotion assumes a decrease to 150.90 (Dec 10 low) and then, maybe, to 149.40 (Dec 6 low)
An alternative scenario implies a breakout of the resistance at 153.30 (Nov 19 low and Nov 27 high) and there may be an increase to 155.00 (Nov 22 high)
© 2000-2025. 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.
