OctaFX | OctaFX Forex Broker
Open trading account

USD/JPY comes with a potential positive bias - FXStreet

FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet suggested that the USD/JPY has no aims of extending its latest gains.

Key Quotes:

“In the short term, the hourly chart shows 100 and 200 SMAs both at 102.30 offering immediate short term support, while indicators turned lower below their midlines, keeping the upside limited”.

“In the 4 hours chart indicators maintain a positive tone, which can support an advance up to 102.80 price zone”.

“Support levels: 102.30 101.95 101.60”.

“Resistance levels: 102.80 103.10 103.45”.

NZD/USD retreats after trading above 0.8500

The NZD/USD is rising on Thursday for the second day in a row but during New York trading moved off daily highs.
Read more Previous

EUR/USD retreats, again around 1.3365

The EUR/USD failed to hold above 1.3400 for the second day in a row and pulled back during the American session.
Read more Next
Start livechat