| Research & Analysis

Become a contributor

Bookmark Econotimes

| Research & Analysis

FxWirePro- Major European Indices

FxWirePro: USD/ZAR outlook weaker on renewed downside pressure

FxWirePro: USD/JPY dips below lower range, bearish bias increases

U.S. Jobless Claims Hit 3-Year Low, Strengthening Case for Fed Rate Cut

FxWirePro- Major US Indices

2025 Market Outlook: Key January Events to Watch

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

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

FxWirePro- Major Crypto levels and bias summary

UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data

FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level

Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro- Major Crypto levels and bias summary

FxWirePro: USD/CAD outlook weaker on renewed downside pressure

Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support

Energy Sector Outlook 2025: AI's Role and Market Dynamics

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/JPY consolidates below 200-DMA on broad-based US dollar weakness

Tuesday, April 14, 2020 6:48 AM UTC

USD/JPY chart - Trading View

USD/JPY was trading 0.07% lower on the day at 06:25 GMT, after closing 0.55% lower in the previous session.

The major was consolidating break below 200-DMA, extending bearish run for the 4th straight session.

GMMA indicator shows major trend in the pair is neutral, while minor trend is turning bearish.

Stochs and RSI also support weakness. Price action has fallen below 200H MA. Further downside likely.

Market sentiment will likely continue to be the key driver. Retail sales and industrial production reports due Wednesday will be watched for further impetus.

Support levels - 106.92 (Apr 1st low), 106.44 (50% Fib)

Resistance levels - 1008.22 (5-DMA), 108.32 (200 DMA)

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

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

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 consolidates below 200-DMA on broad-based US dollar weakness

Editor's Picks

Welcome to EconoTimes