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Weekly forecast US Dollar / Japanese Yen technical chart
Symbol USDJPY

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 25, 2018 - 11:39
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 108.150 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 31.

Supports and Resistances:

  1. 100.00
  2. 103.90
  3. 105.40
  4. 107.30
  5. 108.15
  6. 109.35
  7. 110.95
  8. 112.05
  9. 113.45
  10. 114.35
  11. 115.50
  12. 118.60
  13. 121.50
  14. 123.50
  15. 125.80
Click on the level to view price action history.

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