idle_crane
Short

USDJPY retest 200 Week Moving Average

FX:USDJPY   U.S. Dollar/Japanese Yen
46 0 1
So the Yen is stronger per previous analysis. I think this a very large head and shoulder pattern, and it wants to complete itself. The price action is bouncing off, and then retesting the 200 week moving average, a break below this level on the daily can see price moving towards 103.00 or so in the coming weeks. That's the pivot support zone .

Fundamental analysis is not really possible at this point.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out