এখন থেকে আমরা Elev8

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?

USD/JPY Asia Price Forecast: Greenback exhausted vs. yen, trades below 110.00 figure

  • USD/JPY recovery is likely exhausted below the 109.87 resistance.
  • The level to beat for bears is the 109.64/53 price zone.
 

USD/JPY daily chart

 
USD/JPY is trading below the 110.00 figure while within Friday’s range. The spot is holding above the main daily simple moving averages (SMAs).
 

USD/JPY four-hour chart

 
The quote is losing steam below the 109.87 resistance while trading above the main SMAs. A break below the 109.64/53 support zone could drive USD/JPY towards the 109.20 level, according to the Technical Confluences Indicator. Resistances are seen near the 109.87 and 110.10 price levels. 
 
     
Resistance: 109.87, 110.10, 110.33
Support: 109.64, 109.53, 109.20
 

Additional key levels

 

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