Hot-Charts
JPY's Changing Face?
by
Mar 11, 2009 12:57
Yen may have lost some of its safe haven luster but it also has shown unusual resilience against USD during risk-seeking climate. USDJPYs failure to gain during yesterdays explosive equity rally is translating into deteriorating oscillator setup on the weekly and 4-hourly charts. 5-day MA turns towards 10-day MA for a retest of the 97.85 support. Downside seen extending towards 97.00. Any upside remains capped at the 200-day MA of 100.00. 100.80 TL resistance stands as the more substantial resistance.
More Hot-Charts
-
Gold, Bitcoin, USD Combo
Jun 22, 2023 16:46 | by Ashraf LaidiI mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail. -
تفسير مراحل الذهب
Mar 17, 2023 21:28 | by Ashraf Laidi. -
Dax 200 MA Extension
Jan 11, 2023 10:57 | by Ashraf LaidiIf the DAX40 maintains its habit of extending 13% above its 200 DMA, then current upside may extend to as high as 15300, just below the 76% retracement of the decline from the Jan 2022 high to...
Comments
(Showing latest 0 of 0)
View All Comments
Report Reply