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
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Bearish
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
Gold
Mixed
GBP/USD
Bullish
USD/JPY
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
Breaking news

UK-EU trade deal talks have entered tunnel talks, GBP/USD Spkes to Highs

Real Time News
  • RT @JoeBiden: We need to deliver immediate relief for the American people and build our economy back better than ever. Tune in as I introdu…
  • Biden: Any relief legislation passed before he takes office in January is "just a start." Says his team is working on coronavirus relief package they will roll out after he takes office $DXY $SPX
  • 🇧🇷 Balance of Trade (NOV) Actual: $3.73B Expected: $4.789B Previous: $5.47B https://www.dailyfx.com/economic-calendar#2020-12-01
  • Canadian #Dollar Forecast: $USDCAD Testing Multi-year Lows for Support - https://t.co/bEVSsoBc5Y https://t.co/FinX3dn8eN
  • 🇧🇷 Balance of Trade (NOV) Actual: $3.73B Expected: $4.789B Previous: $5.5B https://www.dailyfx.com/economic-calendar#2020-12-01
  • Join @JStanleyFX 's #webinar at 2:00 PM ET/6:00 PM GMT for his weekly update on trading price action. Register here: https://t.co/ZCcMdyaTsB https://t.co/o823Z1XskN
  • Heads Up:🇺🇸 Fed Daly Speech due at 18:15 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-12-01
  • FAA issues first airworthiness certificate for Boeing 737 Max built after March 2019 grounding according to Reuters citing spokesman Finally, a light at the end of the tunnel for $BA which has been a big drag on the Dow since the initial grounding
  • Fitch Rating says global oil and gas sector outlook is improving, majors cut emissions Assume that low-carbon energy transition will be steady and not cause substantial disruptions to global oil and gas sector in medium term $XLE $CAD
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 93.00%, while traders in EUR/USD are at opposite extremes with 76.85%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/hJdIAkm0E3
Forex: USD/JPY Technical Analysis – Struggling at 99.00 Mark

Forex: USD/JPY Technical Analysis – Struggling at 99.00 Mark

2013-10-10 11:52:00
Ilya Spivak, Head Strategist, APAC
Share:

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices are pulling back from resistance at 99.06 (61.8% Fib, trend line)
  • Close below support at 98.58 (50% Fib) initially targets 98.10 (38.2% Fib)
  • Reversal above resistance aims for 76.4% Fib at 99.65

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_usd-jpy_body_usdjpy.png, Forex: USD/JPY Technical Analysis – Struggling at 99.00 Mark

Daily Chart - Created Using FXCM Marketscope 2.0

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

Contact and follow Ilya on Twitter: @IlyaSpivak

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