| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Silver Daily Outlook

FxWirePro- FTMUSD (Chart of the day)

FxWirePro- BTCUSD Daily Outlook

FxWirePro- Ethereum Daily Outlook

FxWirePro- BTCUSD Daily Outlook

FxWirePro: GBP/NZD extends drop, faces 23.6%fib support

FxWirePro- Crude oil Daily Outlook

FxWirePro :GBP/AUD gains some ground but bias is still bearish

FxWirePro:EUR/NZD hits two month low, more downside expected

FxWirePro- BTCUSD Daily Outlook

FxWirePro- Silver Daily Outlook

FxWirePro- Crude oil Daily Outlook

FxWirePro- Gold Daily Outlook

FxWirePro:EUR/NZD extends losses, as kiwi dollar firms

FxWirePro-Crude Oil Daily Outlook

FxWirePro- Major pair levels and bias summary

FxWirePro- LINKUSD (Chart of the day)

©Econometrics LLC . All Rights Reserved.

FxWirePro: USDJPY Weekly Outlook

Monday, September 9, 2019 9:24 AM UTC

USDJPY continues to trade higher for 3rd consecutive week and jumped nearly 150 pips on easing US-China trade war which has decreased Safe-haven assets demand like gold Swiss franc etc. The pair has formed a temporary top around 107.23 and is hovering near the 107 level. It is currently trading around 106.97.

Technically, the pair is facing strong resistance around 107.20--23 (21- day MA) and any break above will take the pair to next level till 107.86/108.40.

On the flip side, the near term major support stands around 106.50--60 (23.6% fib) and any violation below 106.25/105.50.

It is good to buy on dips around 106.80-85 with SL around 106.21 for the TP of 108.40.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Gaza: what ceasefire negotiations tell us about how each side judges its progress in the war

Delays in western aid have put Ukraine in a perilous position

Gaza update: why neither ceasefire talks nor the Rafah offensive appear to be working

Out with the old: Blue- and white- collar job labels aren’t cutting it anymore

FxWirePro- Major Pair levels and bias summary

Cancer drug pollution is a growing global concern

Skechers Sales Surge as Growth Lags for Nike and Adidas; Nike Eyes 2024 Olympics

America’s Roundup: Dollar mostly flat as market mulls inflation outlook ,Wall Street end mixed, Gold gains, Oil gains 1% on hopes of firmer demand

FxWirePro- Ethereum Daily Outlook

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: USDJPY Weekly Outlook

Editor's Picks

Welcome to EconoTimes