USDJPY – Bulls attack again axial 150 barrier


Usdjby stays a constructive and assaults the primary obstacles at 149.80 / 150.00 (the higher / psychological boundaries of the bear) on Monday, after a double failure on the stage of 150 final week.

The inventive picture improves on the day by day chart (roughly 10/20DMA than the value is about to kind a bull bars/the relative power index heading north), however 14-D momentum continues to maneuver the facet on the midfield 55/100/200 dma continues to be within the declining composition and partially optimistic alerts.

The fundamentals are additionally combined, because the alerts which are nonetheless on the trail of tightening coverage might present help to Yen, however can be confronted by the continuation of the seminar place of the US Central Financial institution and its newest references to solely two cells on this 12 months, primarily as a result of rising issues that inflation might rise once more to flee the commerce conflict.

Discover the response in 150 areas of contemporary path alerts, with a relentless interruption to open a brand new acceleration methodology and reveal in 151.25 (Fibo 38.2 % from 158.87/146.53) and 151.76 (200DMA).

Alternatively, frequent failure in 150 areas would weaken the close to -term construction, though the bias to outlive is thrilling whereas above 20dma (148.85).

Accuracy: 150.00; 150.53; 151.00; 151.25
SuP: 149.45; 148.85; 148.72; 148.18

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2025-03-24 14:10:01

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