简体中文
ภาษาไทย
繁體中文
Indonesia
USDJPY: high bit sorting up
2022-08-31
1257
Fundamental analysis:
The USD / JPY fluctuated around 138.764. Due to the expansion of the yield difference between the US and Japan, the USD / JPY may test the key level of 140 upward, which may prompt the Bank of Japan to adjust its yield curve control policy. The trend of the US dollar against the Japanese yen is closely related to the US Japan interest rate difference. If the latter is further expanded, it can be expected that the US dollar will test 140 yen.
US dollar and Japanese yen USDJPY - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the Bulls' power continues to fluctuate and rise, the high-level narrow range consolidation and translation, and the market bulls still have a further upward movement trend. The MACD index maintains consolidation and translation in the long range, and the RSI index is in the narrow range oscillation in the long range;
Long and short turning point: 138.511
Pressing position: 139.286, 139.763
Support position: 138.078, 137.631
Trading strategy: bullish above 138.511, target 139.286, 139.763
Alternative strategy: bearish below 138.511, target 138.078, 137.631
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
