Home / Technicals / Article Technicals
Add as a preferred source on Google FxWirePro: USD/JPY rejected at highs, good to go short on rallies USD/JPY has broken major trendline support at 102 levels, intraday bias lower. The pair has resumed its downtrend after being rejected at session highs by 101.34. Momentum studies are bearish, we see scope for 99.98 and …
By FxWire Pro Aug 3, 2016, 4:40 AM UTC
Image from the original EconoTimes article Read the original article
USD/JPY has broken major trendline support at 102 levels, intraday bias lower.
The pair has resumed its downtrend after being rejected at session highs by 101.34.
Momentum studies are bearish, we see scope for 99.98 and then 98.78 levels.
Our previous call (http://www.econotimes.com/FxWirePro-USD-JPY-holds-major-support-at-10215-weakness-only-on-break-below-243186 ) is progressing. TP1 and 2 almost hit.
Immediate support on the downside is seen at 100.52 (July 11 low), while above 101 we see next major resistance at 102.25 (5-DMA and trendline).
Recommendation: Stay short for 100.52/ 99.98
Technicals EURUSD - Levels to watch - 1.1100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8365 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
By FxWirePro Team Oct 15, 2026, 3:20 AM UTC
Technicals EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560
By FxWirePro Team Oct 15, 2026, 3:17 AM UTC
Technicals JPY Major Pair Currency Score: USDJPY, GBPJPY and AUDJPY Extremely Bearish
By FxWirePro Team Oct 15, 2026, 2:34 AM UTC