Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Aug 04 - 05:55 AM

USD/JPY - Supported By Its Daily Ichimoku Cloud

By Peter Stoneham  —  Aug 04 - 03:45 AM
  • Fleeting new trend highs and breached the prior two days' lows Thurs

  • Price rebounded after holding above the lows and the 30-day MA at 141.87

  • Pullback also cushioned by the thick, rising daily cloud: 139.04-142.45

  • Upper Bolli band resistance against a run to June's 145.07 peak on EBS

  • Key support is the daily tenkan and 50% of the 138.05-143.89 rise at 140.9

  • Weekly chart set for bullish confirmation of last week's hammer candle

    For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved