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.

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
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
US Dollar Up As EU Ministers Fail to Agree Corvid-19 Response
2020-04-08 06:50:00
EUR/USD Technical Analysis: Euro Struggles to Extend Rebound
2020-04-08 05:00:00
Oil - US Crude
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
Dow Jones, Oil, Gold Technical Outlook & More
2020-04-08 11:30:00
Crude Oil Prices Rise As Markets Hope For OPEC, Russia Cuts
2020-04-08 06:27:00
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, Oil, Gold Technical Outlook & More
2020-04-08 11:30:00
Dow Jones, S&P 500 Outlook – Recovery Continues; Gap-fills, Patterns to Watch
2020-04-07 12:30:00
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
Dow Jones, Oil, Gold Technical Outlook & More
2020-04-08 11:30:00
Gold Price Forecast: Is Gold Setting Up For The Next Leg Higher?
2020-04-08 09:30:00
GBP/USD
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
British Pound (GBP) Latest: Volatility Tumbles as GBP/USD Stabilizes
2020-04-08 08:00:00
US Dollar May Rise on FOMC Minutes, Coronavirus Risks
2020-04-08 07:00:00
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
News
Nikkei 225 & USD/JPY Price Outlook: Gains Contingent on Risk Appetite
2020-04-07 21:30:00
US Dollar, Japanese Yen Sink as Dow Jones Soars on Virus Easing Bets
2020-04-06 23:00:00
More View more
Real Time News
  • We see this level as a key inflection point for the S&P 500. In terms of support, the 200WMA sits at 2648 where a closing break below puts 2500 back into focus. Get your S&P500 market update from @JMcQueenFX here:https://t.co/8lpC6QMC7u https://t.co/KowlqUPfHI
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.87% 🇳🇿NZD: 0.67% 🇬🇧GBP: 0.50% 🇨🇭CHF: -0.22% 🇪🇺EUR: -0.30% 🇨🇦CAD: -0.31% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/6dxOImURfI
  • UK PM Johnson's #coronavirus condition is improving - BBG
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Wall Street: 2.33% US 500: 2.12% France 40: 0.39% Germany 30: 0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/L0fSmyArxx
  • UK reports 938 virus deaths in deadliest day so far $GBPUSD
  • RT @DeItaOne: EVANS: U.S. UNEMPLOYMENT WILL GO 'VERY HIGH,' COULD HIT 20%
  • RT @staunovo: Oil Demand Slumps 70% in #India as Third-Biggest Buyer Shuts Down #oott https://t.co/LuTICEsvUU
  • US 154-Day Bills Draw 0.250% Primary Dealers Awarded: 55.0% Indirect Bidders Accepted:43.4% Direct Bidders Accepted: 1.6% B/C Ratio: 2.60
  • Crude oil is awaiting the OPEC+ decision ahead, but in the meantime, the 20-day ATR and $OVX volatility index are both very high https://t.co/QYwyYKTuze
  • Fed temporarily eases growth limit on Wells Fargo to spur more lending $SPX
Forex: USD/JPY Technical Analysis – Resistance Seen Sub-104.00

Forex: USD/JPY Technical Analysis – Resistance Seen Sub-104.00

2014-01-28 11:27:00
Ilya Spivak, Head Strategist, APAC
Share:

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

Talking Points

  • Prices are rebounding from rising channel support (102.19)
  • Breaking above 103.85 (23.6% Fib exp.) exposes 104.33 (channel top)
  • Turning below 102.19 eyes 101.76 (Jan 27 low)

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

dailyclassics_usd-jpy_body_Picture_11.png, Forex: USD/JPY Technical Analysis – Resistance Seen Sub-104.00

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? START HERE!

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

DAX 30 Rally May be Nearing a Turning Point
DAX 30 Rally May be Nearing a Turning Point
2020-04-08 12:30:00
EUR/USD Technical Analysis: Euro Struggles to Extend Rebound
EUR/USD Technical Analysis: Euro Struggles to Extend Rebound
2020-04-08 05:00:00
Gold Price Outlook: XAU/USD Surges into Resistance– GLD Levels
Gold Price Outlook: XAU/USD Surges into Resistance– GLD Levels
2020-04-07 17:00:00
Canadian Dollar Forecast Improves, but Challenges Remain in Near-Term
Canadian Dollar Forecast Improves, but Challenges Remain in Near-Term
2020-04-07 16:00:00
Advertisement

Rates

USD/JPY
Mixed
News & Analysis at your fingertips.