empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

22.11.202317:41 Forex Analysis & Reviews: USD/JPY targeting 149.99

The USD/JPY pair rallied in the short term and now is located at 149.71 at the time of writing. You knew from my yesterday's analysis that the currency pair could develop a new leg higher after reaching 147.32.

The USD extended its short term growth after the FOMC Meeting Minutes. Today, the US reported mixed economic data. The Revised UoM Consumer Sentiment and Unemployment Claims came in better than expected, while Durable Goods Orders and Core Durable Goods Orders came in worse than expected. On Friday, the US manufacturing and services data should move the rate.

USD/JPY Swing Higher!

Exchange Rates 22.11.2023 analysis

From the technical point of view, USD/JPY developed a strong leg higher after taking out the 147.83 immediate resistance.

Now, it has escaped from the down channel pattern signaling further growth. The former high of 149.99 stands as the first upside target.

USD/JPY Outlook!

Jumping and consolidating above 149.99 validates an upside continuation and could be seen as a new buying opportunity.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Ralph Shedler,
Analytical expert of InstaSpot
© 2007-2025
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.