The USD/JPY dropped for the third straight day and accumulated losses of more than 3.40% in the week after a suspected intervention by the Bank of Japan (BoJ) on Monday. Since then, the pair formed a two-candlestick chart pattern, a ‘bearish harami’ which reassembles an inside day, confirmed by Wednesday’s price action. That said, on Friday, the pair fell 0.49% and traded at 152.93.
Despite retreating sharply during the week, the USD/JPY is still upward biased, as shown by the daily chart. The pair registered a daily low at the confluence of October 21, 2022, low and the 50-day moving average at around 151.87/92, but buyers lifted the pair toward current exchange rates.
If buyers push prices above 153.00 and achieve a daily close above the latter, that could pave the way for further gains. The first resistance would be the Senkou Span B at 153.35, followed by the 154.00 figure. Further gains are seen once those levels are surpassed, with the next resistance seen at the confluence of the Senkou Span A and the Kijun-Sen at 155.78.
On the other hand, the first support would be the 152.00 mark, followed by the previously mentioned confluence of the 50-DMA and October’s 2022 high at 151.92/87. A breach of that level would cause the pair to dive toward April’s 5 low at 150.81.
© 2000-2024. 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.