Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 31 - 05:55 AM

USD/JPY - Chart Shows A Market On The Verge Of A New Surge

By Martin Miller  —  Oct 31 - 03:45 AM
  • USD/JPY's fourteen-day momentum still positive, overall market is bullish

  • Spot could surge through the recent 32-year 151.94 peak eventually

  • Bulls need to prevent a close under 143.71 Fibo, as that would be negative

  • 143.71 Fibo is a 38.2% retrace of 130.40-151.94 (Aug-Oct) EBS rise

  • USD/JPY Trader TGM2336. Previous nL1N31T0JW. Oct's bias nL1N31R0GU

  • EUR/JPY range has been 146.92-147.66, on Monday, according to EBS prices

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!