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
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
Oil - US Crude
Bearish
Wall Street
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
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
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • Heads Up:🇯🇵 JPY Tankan Small Non-Manufacturing Outlook (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: -15 Previous: 1 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large All Industry Capex (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: 2.5% Previous: 6.8% https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large Manufacturers Outlook (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: -15 Previous: 0 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large Non-Manufacturing Index (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: 3 Previous: 20 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large Manufacturing Index (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: -10 Previous: 0 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Loans & Discounts Corp (YoY) (FEB) due at 23:50 GMT (15min), Actual: N/A Expected: N/A Previous: 2.2% https://www.dailyfx.com/economic-calendar#2020-03-31
  • RT @FirstSquawk: Chinese Officials Are Actively Pushing For Tariffs Cuts And Removal Of Trade Barriers To Help The Global Economy Cushion T…
  • This session starts in about 30 min, today's webinar will revolve around major benchmark stock indexes to see how positioning could impact the road ahead with key technical levels in focus. Signup below! https://t.co/4br2H1Uz6p
  • In this session, Currency Analyst @ddubrovskyFX discusses traders' positioning as a key element of market analysis to determine the prevailing and future price trends. https://www.dailyfx.com/webinars/998956395
  • The $USD may return to the offensive as markets flee to cash amid fears of deep global recession thanks to the still-raging #coronavirus outbreak. Get your US Dollar update from @IlyaSpivak here: https://t.co/g1us4ZbYR5 https://t.co/tLFeaAwRqE
USD/JPY Classical Technical Report 01.11

USD/JPY Classical Technical Report 01.11

2012-01-11 06:59:00
Joel Kruger, Technical Strategist
Share:
Daily_Classical_USDJPY_body_jpy2.png, USD/JPY Classical Technical Report 01.11

USD/JPY:Despite the latest pullbacks, we continue to hold onto our constructive outlook while the market holds above 76.55 on a daily close basis. We believe that any setbacks from here should be limited in favor of a fresh upside extension back towards 79.55 over the coming weeks. Look for a break above 78.30 to confirm and accelerate, while only a daily close below 76.55 negates and gives reason for pause.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.