EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Forex News

USD/JPY keeps focused on the 135.50 region 

Admin by Admin
February 22, 2023
in Forex News
0
What is technical analysis in Forex trading

What is technical analysis in Forex trading

0
SHARES
5
VIEWS
Share on FacebookShare on Twitter
MMC MMC

UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang in their opinion stated that further upside momentum could still encourage USD/JPY to revisit the 135.50 zone in the short term.

“We did not anticipate the strong rise in USD to 135.22 yesterday (we were expecting USD to trade sideways). Despite the strong advance, there has been no significant increase in upward momentum and USD is unlikely to strengthen much further. Today, USD is more likely to consolidate between 134.20 and 135.20.”

: “On Monday (20 Feb, spot at 134.35) we highlighted that USD could consolidate for a couple of days before heading higher to the next target at 135.50. While USD rose to a high of 135.22 yesterday, upward momentum has not increased by much.

However, as long as 133.60 (‘strong support’ level was at 133.30 yesterday) is not breached, the USD strength that started in the middle of last week is still intact. Looking ahead, if the USD breaks decisively above 135.50, the next level to watch is 137.00.” UOB quoted.

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Meta Verified Shows A Company Running Out of Ideas

Next Post

SBF To Appear In Voyager Bankruptcy Case

Admin

Admin

Next Post
Sam Bankman-Fried Bail Restrictions Now Depend On These Two People

SBF To Appear In Voyager Bankruptcy Case

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
Mayowa Owolabi on battles traders need to fight

Battle Every Trader Must Fight (Part 1)- Mayowa Owolabi

August 31, 2022
Virtual stadium in the metaverse

Why Virtual Stadium Can Be the Next Big Thing in the Metaverse

January 26, 2023
EUR/USD pair

EUR/USD Recovers from 20-year Lows

2
What is Initial Coin Offering?

Initial Coin Offering (ICO)

0
What is staking?

Staking

0

Defi (Decentralized Finance)

0
Celsius Sets End Of April As New Deadline For Proof Of Claim

Celsius Sets End Of April As New Deadline For Proof Of Claim

March 27, 2023
XRP Lawyer Doubts If UK’s FCA Follows US SEC In Crypto Law

XRP Lawyer Doubts If UK’s FCA Follows US SEC In Crypto Law

March 27, 2023
Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Effect in January 2025

Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Effect in January 2025

March 27, 2023
Bitcoin To $1 Million: Ex-Coinbase CTO Assures Off Bet

Bitcoin To $1 Million: Ex-Coinbase CTO Assures Off Bet

March 27, 2023

Recent News

Celsius Sets End Of April As New Deadline For Proof Of Claim

Celsius Sets End Of April As New Deadline For Proof Of Claim

March 27, 2023
XRP Lawyer Doubts If UK’s FCA Follows US SEC In Crypto Law

XRP Lawyer Doubts If UK’s FCA Follows US SEC In Crypto Law

March 27, 2023
Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Effect in January 2025

Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Effect in January 2025

March 27, 2023
Bitcoin To $1 Million: Ex-Coinbase CTO Assures Off Bet

Bitcoin To $1 Million: Ex-Coinbase CTO Assures Off Bet

March 27, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Forex News
  • Gaming
  • Review
  • Reviews
  • Stocks
  • Uncategorized

Recent News

Celsius Sets End Of April As New Deadline For Proof Of Claim

Celsius Sets End Of April As New Deadline For Proof Of Claim

March 27, 2023
XRP Lawyer Doubts If UK’s FCA Follows US SEC In Crypto Law

XRP Lawyer Doubts If UK’s FCA Follows US SEC In Crypto Law

March 27, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>