-
USDJPY buyers appear strong in 2024
USDJPY started 2024 in a positive mode as it rebounded off the 140.90 support level with strong resistance coming from the steep descending trend line. The RSI is below its 50 neutral mark, although it has strengthening, and the MACD is keeping its footing above its red signal line and within the negative area. Yet, the stochastic oscillator is looking for an upside reversal, but it’s uncertain if there is enough bullish power to boost the price towards the November top of 151.90. In the event of an uptrend resumption above the immediate resistance lines of the downtrend line at 142.60, the 200-day simple moving ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 3, 2024 7:00am Jan 3, 2024 7:00am
- atillaken
- Joined Sep 2018 | Status: Member | 288 Comments
- Comment #2
- Quote
- Jan 3, 2024 7:23am Jan 3, 2024 7:23am
- Guest
- | IP XXXX:a7d9:3740
- Comment #3
- Quote
- Jan 3, 2024 7:24am Jan 3, 2024 7:24am
- Ftmofx
- | Commercial Member | Joined Feb 2022 | 1004 Comments | Online Now
- Comment #4
- Quote
- Jan 3, 2024 8:05am Jan 3, 2024 8:05am
- Ericedge
- | Joined Oct 2022 | Status: Member | 362 Comments
- Comment #5
- Quote
- Jan 3, 2024 8:29am Jan 3, 2024 8:29am
- Chinwe4real
- | Joined Mar 2007 | Status: Member | 33 Comments