Usd/JPY Outlook midday – Forex Work


Each day Axes: (S1) 144.18; (P) 145.18; (R1) 146.91; more…

The bias throughout the day within the US greenback/JPY stays average on the higher facet at this stage. The peak is resumed from 139.87, with a lower of 38.2 % from 158.86 to 139.87 in 147.12. Rejection by 147.12 will likely be retained within the quick time period. The assist break will result in 142.34 to re -test 139.87. Nevertheless, a sustainable break of 147.12 signifies a reversal within the quick time period, and a 61.8 % focusing on in 151.60.

usdjpy20250509b1

Within the largest picture, worth actions are seen from 161.94 as an genuine sample of 102.58 (2021 low), with a lower from 158.86 as a 3rd station. A robust assist from 38.2 % from 102.58 to 161.94 at 139.26 needs to be noticed for restoration. Nevertheless, a sustainable break from 139.26 will open a deeper lower within the medium time period to 61.8 % in 125.25.

usdjpy20250509b2


2025-05-09 13:36:55

Leave a Reply

Your email address will not be published. Required fields are marked *