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.

Free Trading Guides
EUR/USD
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
GBP/USD
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
USD/JPY
Bullish
Gold
Mixed
Oil - US Crude
Bullish
Bitcoin
Bearish
More View more
Real Time News
  • Feb 28: - Fed speak - US🇺🇸 income/spending data, consumer sentiment - India🇮🇳 + Canada🇨🇦 GDP - Consumer confidence: New Zealand🇳🇿 + UK🇬🇧 - CPI: Germany🇩🇪, France🇫🇷, Italy🇮🇹 + Eurozone🇪🇺 - South Korea🇰🇷 industrial production Click here ⬇️to learn more https://www.dailyfx.com/webinars/146770987
  • Feb 27: - Bank of Korea🇰🇷 rate decision - French🇫🇷 President Macron meets with Italian🇮🇹 Prime Minister Guiseppe Conte - Norway🇳🇴 sov wealth fund publishes annual report - US GDP🇺🇸, durable goods data - Economic confidence data in Italy, Eurozone🇪🇺 - Vietnam🇻🇳 trade + CPI
  • Feb 26: - EIA crude oil 🛢️inventory report - South African🇿🇦 Finance Minister presents 2020-21 budget which will likely impact their sovereign credit rating - Hong Kong🇭🇰 GDP - US new home sales🏠learn why housing is important here: https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2019/12/30/Why-Markets-Will-be-Closely-Watching-Housing-Data-in-2020.html
  • Feb 24: - Trump meets with Modi - German🇩🇪 IFO business confidence - New Zealand🇳🇿 retail sales - China🇨🇳 may announce decision to delay annual meeting National People's Congress Feb 25: - World Bank President speech - GDP: Germany🇩🇪, Mexico🇲🇽 - US🇺🇸 Consumer Confidence
  • Hello there, traders! We may have a potentially volatile week ahead of us against the backdrop of panic from the #coronavirus🦠: Feb 22: - #G20SaudiArabia (Main topic will be global impact of virus) - Results from #IranElections2020 (hardliners expected to make a big splash)
  • The #Euro may bounce after hitting the lowest level in close to three years against the US Dollar. While the broader trend points firmly lower, selling pressure may be ebbing. Get your market update from @IlyaSpivak here: https://t.co/697SQ9AGxw https://t.co/BLxeiLzcLR
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Silver: 0.45% Gold: 0.27% Oil - US Crude: -0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/3CldFB8zgt
  • RT @YuanTalks: #China's passenger #car sales slumped 92% y/y in the first half of February due to the #coronavirus outbreak, said the Passe…
  • My trading video for today: 'Dollar's Run Earns $EURUSD, $USDJPY and $AUDUSD Breaks; Nasdaq Fronts Risk Retreat' https://www.dailyfx.com/forex/video/daily_news_report/2020/02/21/Dollars-Run-Earns-EURUSD-USDJPY-and-AUDUSD-Breaks-Nasdaq-Fronts-Risk-Retreat.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/nUMqyxrVag
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.09% 🇯🇵JPY: 0.09% 🇪🇺EUR: 0.07% 🇨🇦CAD: -0.01% 🇦🇺AUD: -0.14% 🇳🇿NZD: -0.35% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/4bDhDUCOdq
USDJPY Technicals for July 26th

USDJPY Technicals for July 26th

2010-07-26 15:48:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

US Dollar / Japanese Yen

Daily Bars

DT-USDJPY-10-07-26_body_100726_095955_CQG_IC_Screen.png, USDJPY Technicals for July 26th

Prepared by Jamie Saettele

“To review, everything from the 2009 low appears to be corrective. The 3 wave rally from 8480 is surely corrective, so there is the possibility that the USDJPY continues lower from here and takes out 8480 (which would mean that what was thought to be a b wave triangle would actually be a series of 1st and 2nd waves).” Favor the downside to a new low (below 8626) against 8920.

Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Monday evenings), technical analysis of currency crosseson Wednesday and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum. He is the author of Sentiment in the Forex Market. Follow his intraday market commentary and trades at DailyFX Forex Stream. Send requests to receive his reports via email to jsaettele@dailyfx.com.

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

DISCLOSURES

News & Analysis at your fingertips.