We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?
2020-03-29 16:00:00
Euro Forecast: More Gains on Way for EUR/USD, EUR/JPY, EUR/CHF?
2020-03-29 00:00:00
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?
2020-03-29 16:00:00
Oil Price Outlook: Crude Collapses into Downtrend Support / 18yr Low
2020-03-29 03:00:00
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?
2020-03-29 16:00:00
Dow Jones and FTSE 100 Forecasts for the Week Ahead
2020-03-29 12:00:00
Gold
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?
2020-03-29 16:00:00
Gold Prices May Drop as Liquidation Strikes Global Markets Anew
2020-03-28 18:00:00
GBP/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP
2020-03-28 21:00:00
British Pound (GBP) Latest: GBP/USD and FTSE 100 Trimming Wild Gains
2020-03-27 09:33:00
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Australian Dollar May Wilt as Yen and US Dollar Rise in Asia Trade
2020-03-29 20:30:00
Japanese Yen (JPY) Outlook: USD/JPY Poised For a Breakout
2020-03-28 15:00:00
More View more
Real Time News
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here: https://t.co/yF133btXFd https://t.co/rUp1G9zzxj
  • #SPX futures down over 1.5% too, echoing risk-off bias https://t.co/Z0n4L156tl
  • MARKET SNAPSHOT: #ASX200 modestly higher in early trade but #Nikkei futures down over 2.5% before Tokyo trading open. #USD and #JPY leading the way higher in G10 FX, hinting at risk-off tilt, but #AUD and #NZD recovering from earlier losses
  • While Sino-US trade jitters are temporarily abating, China-Swedish trade tensions are rising as a part of a political contagion of growing economic hostilities between nations across the world. Get your market update from @ZabelinDimitri here:https://t.co/F1fVoyzoz5 https://t.co/Nij6senHVx
  • RT @DanielGMoss: Strong risk-off tilt to start a new trading week $USD & $JPY noticeably higher as #CrudeOil continues to capitulate http…
  • LIVE NOW: In this session, Strategist @DavidJSong will discuss trading strategies for the top event risk in the week ahead. https://www.dailyfx.com/webinars/175202251
  • Market update: #JPY a little over 0.5% higher vs #SEK #AUD and #CAD [delayed].
  • Trump says the peak on the death rate from the coronavirus will likely hit in 2 weeks. He added that virus guidelines will be extended to April 30 (BBG)
  • US equity futures down 2.2% at the open (BBG) #Coronavirus
  • Trump: We are unleashing every tool in our nation's vast arsenal: economic, medical, scientific...Military is working "very very hard with all of them"
USDJPY: Downswing Begins at Range Top

USDJPY: Downswing Begins at Range Top

2012-01-27 03:26:00
Ilya Spivak, Head Strategist, APAC
Share:

Strategy: Flat

USDJPY put in a bearish Shooting Star candlestick below resistance at 78.20 and moved lower, with sellers working their way through support in the 77.33-77.48 region. The risk/reward profile of the setup argues against entering short at current levels with prices squarely at support and we will stand aside for now.

USDJPY_Downswing_Begins_at_Range_Top_body_Picture_5.png, USDJPY: Downswing Begins at Range Top

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow me on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

Related Articles

USD/JPY Candlestick Analysis: Support Below 119.00 in Focus
USD/JPY Candlestick Analysis: Support Below 119.00 in Focus
2015-04-28 05:48:00
USD/JPY Candlestick Analysis: A Top in Place Below 122.00?
USD/JPY Candlestick Analysis: A Top in Place Below 122.00?
2015-04-21 03:24:00
USD/JPY Candlestick Analysis: Resistance Below 121.00 Eyed
USD/JPY Candlestick Analysis: Resistance Below 121.00 Eyed
2015-03-02 09:04:00
USD/JPY Candlestick Analysis: Confirmation of Direction Sought
USD/JPY Candlestick Analysis: Confirmation of Direction Sought
2015-02-23 05:22:00
Advertisement

Rates

USD/JPY
Bullish
News & Analysis at your fingertips.