简体中文
ภาษาไทย
繁體中文
Indonesia
USDJPY: weak shock
2023-01-20
1033
Fundamental analysis:
The dollar was trading around 128.418 against the yen as Japanese investors are the largest foreign holders of U.S. Treasuries and one of the largest foreign buyers of government debt from countries including Australia and France. These flows have implications for the nearly $70 trillion sovereign bond market It is of great significance.
US dollar yen USDJPY - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the low level maintains a narrow range of volatility, the market’s bearish sentiment is still suppressed, and it has failed to break through and pull up effectively in the short term.
Long-short turning point: 128.568
Suppression: 129.053, 129.497
Support: 128.056, 127.558
Trading strategy: bearish below 128.568, target 128.056, 127.558
Alternative strategy: Bullish above 128.568, target 129.053, 129.497
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
