简体中文
ภาษาไทย
繁體中文
Indonesia
USDJPY: high move up
2023-08-13
764
Fundamental analysis:
The dollar remained volatile around 144.952 yen after the Bank of Japan decided late last month to loosen its grip on long-term yields, but policymakers stressed the change was only a technical tweak aimed at extending the duration of stimulus measures largely defined by negative short-term interest rates .
US dollar yen USDJPY - 4-hour K-line chart shows:
Brief technical analysis:
The 4-hour chart shows that the momentum of the high-level bulls keeps oscillating and moving up, the short-term bullish sentiment is shrouded, and the bulls in the market are constantly climbing.
Resistance levels: 145.301 145.623
Support levels: 144.412 144.054
Trading strategy: Bullish above 144.770, target 145.301 145.623
Alternative strategy: bearish below 144.770, target 144.412 144.054
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
