Zostať 
Podmienky obchodovania
Nástroje
USDJPY continued to defy resistance and pushed through fresh highs around 129.40 mark in the early Asian session on Wednesday. The currency has found resistance there and it has pulled back through 127.60 lows intraday. Probability remains for a major top in place but bears need to drag below 125.10 level to confirm.
USDJPY is seen to be trading just below the 128.00 mark at this point in writing and is expected to continue further towards 127.20 at least near term. Immediate price resistance is now seen around 129.50 levels while initial support comes in around 125.10 as labelled on the chart here. A break lower will confirm a meaningful pullback is on its way and that bears are back in control.
USDJPY was in a triangle consolidation earlier and broke out higher above 116.50 mark. It has produced a thrust wave close to 1300 pips close to 129.40 mark. A meaningful retracement should be on its way soon, which could drag prices back towards 116.35 at least, if not lower. Watch ut for a break below 125.10 in the next few trading sessions.
Potential drop towards 116.35 against 130.00
Good luck!
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Súbory cookie môžeme používať na analýzu údajov o návštevníkoch webovej stránky, na jej zlepšenie a meranie výkonu reklamy. Tieto údaje sa vo všeobecnosti používajú na zlepšenie poskytovaných služieb na webovej stránke. Ďalšie informácie.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
