| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

AUDJPY Bounces Back: Strategic Buy at 107 Targets 110

Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce

CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout

FxWirePro- Major Pair levels and bias summary

EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight

FxWirePro- Woodies Pivot(Major)

FxWirePro: AUD/USD eases from 3-year high , bias bullish

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro: USD/CAD claws back some ground, but downtrend remains intact

AUDJPY Powers Up: Bullish Bias Holds Above 107 – Eyes 110 on Breakout

FxWirePro: AUD/USD eases slightly but trend is still bullish

FxWirePro: USD/JPY gains some ground but bearish outlook persists

GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip

FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage

FxWirePro: GBP/AUD gains some upside momentum but still bearish

©Econometrics LLC . All Rights Reserved.

FXWirePro: USD/JPY faces strong support around 118, good to buy at dips

Wednesday, August 26, 2015 11:31 AM UTC

RES 4: 121
RES 3 : 120.63 (50% retracement of 125.27 and 116.07)
RES 2: 120.30 (Tenken-sen)
RES 1:119.50 (7 day 4H EMA)

PRICE: 119.56 @11:31 GMT

SUP 3 :118.40 (25^thAug low)
SUP 4: 118
SUP3: 116.07 (24^th Aug)
SUP 4 : 115.55 (Dec 16^th low)

Potential Reversal Zone- 118

USD/JPY has made a high of 120.38 yesterday and retreated till 118.43 today in Asian session.It is currently trading at 119.14. Overall trend is bullish as long as support 118 holds.

Any further weakness can be seen only below 118 level. Any break below 118 will drag the pair further down till 117/116 in short term.

The pair is facing short term resistance around and any indicative break above would extend gains till 121/121.60.

It is good to buy at dips around 118.50 with SL around 118 for the TP of 120.30

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

Russian Drone Strike Kills Miners as Ukraine Pushes for Peace Talks Amid Energy Crisis

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

U.S. Accuses Cuba of Harassing Top Diplomat Amid Rising Tensions

Democrats Score Surprise Texas State Senate Win, Fueling Momentum Ahead of 2026 Midterms

U.S. and Israeli Military Leaders Hold Pentagon Talks as Tensions With Iran Escalate

U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data

Trump Proposes Two-Year Shutdown of Kennedy Center Amid Ongoing Turmoil

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FXWirePro: USD/JPY faces strong support around 118, good to buy at dips

Editor's Picks

Welcome to EconoTimes