USD/JPY mildly paring gains from 109...

FX:USDJPY   美元 / 日圓
Weekly price, as you can see, continues to trade in the direction of a weekly trendline support etched from the low 98.78, followed closely by a weekly support area at 105.19-107.54. Turning our attention to the daily timeframe , however, we can see that price is currently trading within shouting distance of support at 108.78, thanks to yesterday’s break of daily support (now acting resistance) at 110.21.

Across the pond on the H4 timeframe, the candles are seen attempting to recover from the 109 handle. However, there’s also a H4 resistance area in play at 109.23-109.54 which could potentially hinder upside. Also something to keep an eyeball on today is a possible (deep) fakeout through 109 to test daily support at 108.78.

Market direction:

A correction from 108.78/1.09 is likely on the cards. How high price will reach, however, is difficult to judge, since let’s keep in mind that weekly sellers threaten lower prices.

With the H4 candles seen sandwiched between the noted H4 resistance area and round number, there’s not much on offer as far as trading setups go. Even with a break below 109, one is immediately placed in direct conflict with daily support. The same can be said for a break above the current H4 resistance area , as 110 lurks just ahead.

Data points to consider: US unemployment claims at 1.30pm; US new home sales at 3pm GMT .

Areas worthy of attention:

Supports: 109 handle; 108.78; Weekly trendline support; 105.19-107.54.
Resistances: 109.23-109.54; 110 handle; 110.21.
Get real-time trading updates at our official Telegram group : https://t.me/ICMarketsroom
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出