Forex analytics and overview

Chart Of The Day: USD/JPY

05/25/2022

Less than a minute

2022.05.25 05:14

Chart Of The Day: USD/JPY USD/JPY Daily Chart.

A couple reasons USD/JPY will continue lower:

The double top target from the 131.35 highs from April and May targets the 125.80 level.
The breakout point and previous highs from June 2015 is at 125.85 as well, it should act as a magnet.

Near term, the descending channel support also comes in around there, and with 10-year yields dropping, this level may come into view overnight. If this is the case, those of you who are JPY bears may have an opportunity for some USD/JPY longs.

05/25/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 83,321.32 0.10%

Ethereum (ETH) $ 1,907.11 0.66%

Tether (USDT) $ 0.999997 0.01%

XRP (XRP) $ 2.30 3.96%

BNB (BNB) $ 581.39 3.75%

Solana (SOL) $ 127.44 0.15%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 0.733348 1.36%

Dogecoin (DOGE) $ 0.17115 0.97%

TRON (TRX) $ 0.226168 1.74%

Lido Staked Ether (STETH) $ 1,904.41 1.76%

lombard-staked-btc

Lombard Staked BTC (LBTC) $ 82,872.20 0.10%

Pi Network (PI) $ 1.72 3.54%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 83,148.28 0.11%

LEO Token (LEO) $ 9.74 0.07%

Stellar (XLM) $ 0.28921 11.83%

Chainlink (LINK) $ 13.47 0.39%

hedera-hashgraph

Hedera (HBAR) $ 0.201387 2.02%

USDS (USDS) $ 1.00 0.01%

Wrapped stETH (WSTETH) $ 2,277.81 0.89%

Avalanche (AVAX) $ 19.01 3.29%

Sui (SUI) $ 2.32 0.96%

Shiba Inu (SHIB) $ 0.000012 0.89%

the-open-network

Toncoin (TON) $ 2.79 3.51%

Litecoin (LTC) $ 90.68 0.64%

Bitcoin Cash (BCH) $ 336.14 0.04%

MANTRA (OM) $ 6.53 2.38%

Polkadot (DOT) $ 4.08 1.18%

Ethena USDe (USDE) $ 0.999751 0.05%

WETH (WETH) $ 1,908.13 0.48%

binance-bridged-usdt-bnb-smart-chain

Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.44%

Bitget Token (BGB) $ 4.22 0.69%

Hyperliquid (HYPE) $ 12.43 10.65%

WhiteBIT Coin (WBT) $ 28.64 2.35%

Monero (XMR) $ 209.71 0.99%

Wrapped eETH (WEETH) $ 2,025.40 0.38%

Uniswap (UNI) $ 6.03 1.02%

sUSDS (SUSDS) $ 1.04 0.04%

Dai (DAI) $ 0.999746 0.01%

Aptos (APT) $ 5.17 1.15%

NEAR Protocol (NEAR) $ 2.63 4.78%

Pepe (PEPE) $ 0.000007 9.02%

Ondo (ONDO) $ 0.87285 0.20%

Ethereum Classic (ETC) $ 18.05 1.70%

internet-computer

Internet Computer (ICP) $ 5.59 2.29%

Aave (AAVE) $ 174.64 0.07%

OKB (OKB) $ 42.03 1.76%

Mantle (MNT) $ 0.749236 0.01%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 83,238.30 0.18%

gatechain-token

Gate (GT) $ 20.37 0.67%