Forex analytics and overview

USD/JPY: Range Opportunity

2023.08.07 09:35

Scott Barkley

The currency pair is currently at 142.17 and is trading within a channel range. If the slope support is broken, we can expect to see a continuation to the 1.000 Fibo level at 140.98, with the overall target being the ATR target at 140.06.

However, for this to happen, the USDX must finish its corrective move and decrease. It is important to keep an eye on the USDX for direction. The average daily true range (ATR) for the pair is 169 pips per day, with a 90-day average of 129 pips per day. Currently, the USDX is moving up.USD/JPY Price Chart

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,702.45 4.51%
ethereum
Ethereum (ETH) $ 3,489.40 2.68%
tether
Tether (USDT) $ 0.999911 0.08%
xrp
XRP (XRP) $ 2.31 3.06%
bnb
BNB (BNB) $ 697.29 1.10%
solana
Solana (SOL) $ 196.84 4.12%
dogecoin
Dogecoin (DOGE) $ 0.336106 4.17%
usd-coin
USDC (USDC) $ 1.00 0.07%
staked-ether
Lido Staked Ether (STETH) $ 3,485.96 2.69%
cardano
Cardano (ADA) $ 0.933269 1.31%
tron
TRON (TRX) $ 0.25615 1.66%
avalanche-2
Avalanche (AVAX) $ 41.05 5.47%
chainlink
Chainlink (LINK) $ 25.32 3.70%
the-open-network
Toncoin (TON) $ 5.81 4.07%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,148.32 2.56%
shiba-inu
Shiba Inu (SHIB) $ 0.000024 5.26%
sui
Sui (SUI) $ 4.59 2.18%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,478.39 4.55%
hedera-hashgraph
Hedera (HBAR) $ 0.329152 12.58%
stellar
Stellar (XLM) $ 0.400501 8.72%
polkadot
Polkadot (DOT) $ 7.55 2.97%
hyperliquid
Hyperliquid (HYPE) $ 29.97 5.36%
weth
WETH (WETH) $ 3,489.37 2.66%
bitcoin-cash
Bitcoin Cash (BCH) $ 469.69 2.63%
leo-token
LEO Token (LEO) $ 9.50 1.76%
uniswap
Uniswap (UNI) $ 14.51 2.42%
litecoin
Litecoin (LTC) $ 108.04 1.67%
pepe
Pepe (PEPE) $ 0.000019 4.82%
bitget-token
Bitget Token (BGB) $ 4.98 17.85%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,685.91 2.60%
near
NEAR Protocol (NEAR) $ 5.55 2.02%
ethena-usde
Ethena USDe (USDE) $ 0.999704 0.12%
aave
Aave (AAVE) $ 373.81 3.09%
aptos
Aptos (APT) $ 9.78 2.26%
internet-computer
Internet Computer (ICP) $ 11.30 5.15%
usds
USDS (USDS) $ 1.00 0.12%
crypto-com-chain
Cronos (CRO) $ 0.163268 1.12%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.526642 5.56%
vechain
VeChain (VET) $ 0.052844 9.21%
ethereum-classic
Ethereum Classic (ETC) $ 27.88 1.78%
mantle
Mantle (MNT) $ 1.24 3.32%
render-token
Render (RENDER) $ 7.80 2.51%
bittensor
Bittensor (TAO) $ 501.47 4.17%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.39 1.94%
mantra-dao
MANTRA (OM) $ 3.81 1.14%
whitebit
WhiteBIT Coin (WBT) $ 24.94 2.34%
monero
Monero (XMR) $ 189.65 0.08%
arbitrum
Arbitrum (ARB) $ 0.816142 2.67%
dai
Dai (DAI) $ 1.00 0.02%
filecoin
Filecoin (FIL) $ 5.45 5.34%