আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?
FXStreet (Córdoba) - The yen fell across the board during the American session and send USD/JPY to fresh 6-year highs at 106.88. Price is about to end the day near the highs, having the third daily gain in a row.
Since the beginning of the week it has risen almost 200 pips and is about to have the highest daily close since September 19, 2008; during that week Lehman Brothers filed for bankruptcy.
USD/JPY technical outlook
“The technical picture continues to show short term divergences in the 1-hour chart, with higher highs in price and lower ones in momentum, but not yet confirmed: may be a bit too late to join the bullish party, but is way too early to attempt a counter trade”, says Valeria Bednarik, Chief Analyst at FXStreet.
The 4-hour chart indicators are losing upward strength in extreme overbought levels notes Bednarik, “far from reentering more normal levels, also limiting chances of a downward corrective movement.”