News & Analysis at your fingertips.

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. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
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
More View more
USD/JPY Daily RSI at Highest Level all Year

USD/JPY Daily RSI at Highest Level all Year

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USD/JPY Daily RSI at Highest Level all Year

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-USD/JPY has broken through trendline resistance therefore focus is towards 105 as per the triangle interpretation. Specifically, be aware of the May low at 105.55. Previous comments regarding pattern remain valid. “Price action since the June low (Brexit) could end up as a triangle before another leg lower unfolds.”

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES