Created
: 2024.10.23
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/JPY: No clear technical resistance level into 155.00 - ING
World FX news
Breaking news
USD/JPY: No clear technical resistance level into 155.00 - ING
New
2024.10.23 18:57
2024.10.23 18:57
2024.10.23 18:57
For now, the most interesting G10 pair remains USD/JPY, ING's FX Francesco Pesole notes.
The 155.00 level becomes a tangible risk before the US election
"After clearing the 151.3 200-day moving average level, there is no clear technical resistance level into 155.0. The Japanese Yen (JPY) slump is both a function of higher USD yields and domestic political risk premium ahead of next weekend's election."
"The lack of verbal intervention by Japanese authorities so far has probably built speculative sellers' confidence, but we still think any threat of fresh FX intervention can lead to a material USD/JPY correction given the success of the latest Bank of Japan operations."
"If the Minister of Finance stays quiet on the yen, 155.0 becomes a very tangible risk before the US election."
Last updated
: 2024.10.23
Related articles
GBP/USD: Needs a firmer close to improve - Scotiabank
27 minutes agoGBP/JPY rises over 1.0% as political instability weighs on the Yen
30 minutes agoEUR/USD: Looks technically oversold on the charts - Scotiabank
42 minutes agoCrude Oil rally eases after US stockpiles grow more than expected
48 minutes agoUS Dollar gains further fueled by surge in US yields, election uncertainty
2024.10.23 20:26AUD/USD Price Forecast: Downtrend resuming, odds favor bears
2024.10.23 20:22
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
GBP/USD: Needs a firmer close to improve - Scotiabank
The Pound Sterling (GBP) is holding up relatively well against the stronger USD, trading little changed on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2024.10.23 21:00GBP/JPY rises over 1.0% as political instability weighs on the Yen
The GBP/JPY is trading over 1.0% higher on Wednesday in the 198.30s.
New
2024.10.23 20:57EUR/USD: Looks technically oversold on the charts - Scotiabank
The Euro (EUR) looks quite soft below 1.08, pressured by broader USD gains on the one hand and simmering speculation that the ECB could cut rates aggressively in December, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2024.10.23 20:45Crude Oil rally eases after US stockpiles grow more than expected
Crude Oil sees its two-day surge halt on Wednesday after the American Petroleum Institute (API) reported a larger-than-expected increase in US stockpiles. In the Middle East, Secretary of State Antony Blinken urged Israel to avoid further escalating the
New
2024.10.23 20:38US Dollar gains further fueled by surge in US yields, election uncertainty
The US Dollar (USD) strengthens further on Wednesday, fueled by uncertainty ahead of the US presidential election and safe-haven inflow after equities extend their downbeat performance.
New
2024.10.23 20:26AUD/USD Price Forecast: Downtrend resuming, odds favor bears
AUD/USD resumes its down move which began at the September 30 highs.
New
2024.10.23 20:22USD/CAD: BoC policy decision is nigh - Scotiabank
The Canadian Dollar (CAD) is holding relatively steady against the strong USD ahead of the Bank of Canada policy decision and MPR at 9.45ET.
New
2024.10.23 20:18US Dollar stretches gains - Scotiabank
The US Dollar (USD) is extending gains this morning, pressuring the EUR below 1.08 and driving USDPY above 152 as US yields rebound from yesterday's dip, leaving the 10Y yield within a whisker of 4.25%, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2024.10.23 20:14The BRICS summit in Kazan - Commerzbank
The heads of state and government of the BRICS countries are currently meeting in Kazan, Russia.
New
2024.10.23 20:11NZD/USD Price Forecast: Posts fresh two-month low near 0.6020
The NZD/USD pair falls back to near 0.6020 after a short-lived recovery in Wednesday's European session.
New
2024.10.23 19:54Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
