Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 14 - 06:12 AM

USD/JPY - Seems Poised To Break Above 2020 Peak And Major Fibo

By Martin Miller  —  Feb 14 - 04:20 AM
  • USD/JPY dips will likely be propped by the 109.45 Fibo

  • 109.45 Fibo is a 38.2% retrace of the 108.31 to 110.15 (Jan to Feb) rise

  • Overall scope is for an eventual break through the 110.30 2020 peak

  • That would unmask 110.53 Fibo, 76.4% of 112.40 to 104.46 (Apr to Aug) drop

  • Our bid is at 109.55 which is ahead of the aforementioned 109.45 Fibo

  • EUR/JPY sees 118.87-119.09. Prev nL1N2AD068. USD/JPY Trader TGM2336

  • EUR/USD on life support as spot teeters under major Fibo nL1N2AE044

Daily Ichimoku Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!