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.

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
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
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
Euro Forecast: EUR/USD Outlook Still Bearish But Bounce Due
2020-09-27 04:00:00
S&P 500 Break Risk and Dollar Charge Sees Accelerants Next Week
2020-09-26 06:40:00
Oil - US Crude
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
Oil Price Rebound Stalls Ahead of Monthly High with OPEC on Sidelines
2020-09-26 04:00:00
Oil Price Outlook: Crude Caught at Resistance- WTI Breakout Pending
2020-09-24 19:00:00
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
Dow Jones Rebounds at 23.6% Fibonacci Level, Nikkei 225, ASX 200 Climb
2020-09-25 02:00:00
Dow, Nasdaq Price Forecast: Sellers Drive as Q4 Open Nears
2020-09-24 14:01:00
Gold
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
Gold Price Outlook: Rising US Dollar Sinks XAU/USD, Will Losses Extend?
2020-09-26 20:00:00
Gold Price Forecast: XAU/USD Plummets, Are the Bulls Done For?
2020-09-25 20:00:00
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
News
Pound Technical Outlook: GBP/USD Sell-off Set Up to Continue
2020-09-27 00:00:00
GBP/USD Weekly Forecast: Cautious Optimism Signals a Brexit Deal is Near
2020-09-25 16:00:00
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
Yen Technical Forecast: USD/JPY & AUD/JPY Rates Diverging
2020-09-26 19:05:00
Market Sentiment Still Negative Towards EUR/USD, GBP/USD, AUD/USD | Webinar
2020-09-22 12:00:00
More View more
Real Time News
  • Did you know a Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out: https://t.co/td5WA4hCZC https://t.co/lKvEMf4QRe
  • Weakness in equity markets continued last week as losses built and technical patterns hint further bearishness might be ahead. Get your #equities update from @PeterHanksFX here: https://t.co/GGVrB3r7if https://t.co/HPHUC8EG3o
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here: https://t.co/5uSWKoLkd6 https://t.co/q80wSAoxXP
  • There is a great debate about which type of analysis is better for a trader. Is it better to be a fundamental trader or a technical trader? Find out here: https://t.co/aVAzFypAg1 https://t.co/7mc19Gxrvm
  • #Gold prices succumbed to selling pressure as the US Dollar soared this past week What is #XAUUSD facing these next few days and can these fundamental forces extend its selloff? Check out my outlook here - https://www.dailyfx.com/forex/fundamental/forecast/weekly/chf/2020/09/26/Gold-Price-Outlook-Rising-US-Dollar-Sinks-XAUUSD-Will-Losses-Extend.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/gPhy0KoW3W
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here: https://t.co/38gTDnpPbn https://t.co/Xtk5g4JQEB
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here: https://t.co/3Wked6GBOp https://t.co/SsUguHB39W
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here:https://t.co/1oygcFMFNs https://t.co/aD1ZWhTWZp
  • The price of #oil may continue to trade in a narrow range as the rebound from the September low ($36.13) appears to have stalled ahead of the month high ($43.43). Get your #commodities update from @DavidJSong here: https://t.co/719LgjFmYG https://t.co/SSoqjONUzA
  • The Australian Dollar may extend its slide lower despite the planned easing of Covid-19 restrictions, as the market continues to price in an RBA rate cut on October 6. Get your #currencies update from @DanielGMoss here: https://t.co/HJpngnerzY https://t.co/g6X8ABQDwY
Forex Analysis: USDJPY Classic Technical Report 11.09.2012

Forex Analysis: USDJPY Classic Technical Report 11.09.2012

2012-11-09 10:31:00
Ilya Spivak, Head Strategist, APAC
Share:

Prices broke below rising trend line support set from late September to challenge the 38.2% Fibonacci retracement at 79.31. A break below that targets the 50% level at 78.89. Trend line support-turned-resistance is now at 79.92. A push back above that exposes long-term horizontal resistance at 80.54. We have booked profits on our long position.

Forex_Analysis_USDJPY_Classic_Technical_Report_11.09.2012_body_Picture_5.png, Forex Analysis: USDJPY Classic Technical Report 11.09.2012

Daily Chart - Created Using FXCM Marketscope 2.0

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

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

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES

Related Articles

Oil Price Outlook: Crude Caught at Resistance- WTI Breakout Pending
Oil Price Outlook: Crude Caught at Resistance- WTI Breakout Pending
2020-09-24 19:00:00
S&P 500 Technical Outlook: Bears Challenge First Major Support
S&P 500 Technical Outlook: Bears Challenge First Major Support
2020-09-24 15:30:00
Gold Price Technical Outlook: Triangle Break Leading to Important 1800 Level
Gold Price Technical Outlook: Triangle Break Leading to Important 1800 Level
2020-09-24 11:00:00
Canadian Dollar Outlook: USD/CAD Breakout Levels- Bull’s First Test
Canadian Dollar Outlook: USD/CAD Breakout Levels- Bull’s First Test
2020-09-23 18:30:00
Advertisement

Rates

USD/JPY
Bullish