Printable View
Silver has been depreciating against the US Dollar since the middle of March. This movement has been bounded in the descending channel.
Currently, the XAG/USD exchange rate is testing the lower channel line located circa the 14.40 mark. From a theoretical point of view, a reversal north should occur in the nearest future, and the rate should target the upper channel boundary located circa 14.80
Today analysis for the pair of usdjpy
Is time ke price ye chal rhe he......... 110.35
Resistance level 1 # 110.67
Resistance level 2 # 110.99
Resistance level 3 # 111.32
Support level 1 # 110.05
Support level 2 # 109.70
Support level 3 # 109.40
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
TODAY
Pivot Point is 110.43
Support 1 110.18
Support 2 109.79
Support 3 109.54
TREND: BULLISH
Resistance 1 110.82
Resistance 2 111.07
Resistance 3 111.45
USDJPY Analysis
S3: 110.35
S2: 110.4
S1: 110.43
P: 110.46
R1: 110.48
R2: 110.51
R3: 110.57
USDJPY Today Analysis
Market Trend Bullish
Pivot Point 110.38
S 1>>>>> 110.10
S 2>>>>> 109.75
S 3>>>>> 109.45
R 1>>>>> 110.80
R 2>>>>> 111.05
R 3>>>>> 111.45
Ye pair downtrend ke movement par hain par agar ye 80.71 touch hota hai to 81.21 tak jaa sakta hain. Maine 80.66 me sell kiya tha aur 80.12 me closed kar diya.
USD/JPY Analysis
TREND is BULLISH and sell
KEY LEVELS
R3 111.46
R2 111.07
R1 110.79
PP 110.41
S1 110.13
S2 109.75
S3 109.46
the previous week saw usdjpy failed to break support at 80.00.
it instead push much higher up to 80.79, but resistance is at 81.03 with indications of reversal at 80.79.
i think usdjpy is still bearish, but a break of 80.79 and then 81.03 would imply otherwise.
To the downside, we certainly have a lot of support at the 1.11 handle, so I think that as long as we can stay above there it’s very likely that we will continue to see more of a back-and-forth short-term trading type of environment. However, if we were to break down below the 1.11 handle it’s very likely that we would accelerate the selling and reach down towards the 1.10 level.
the U.S. sovereign credit rating downgrade by Standard and Poor’s triggered a strong selloff across global bourses, where investors abandoned risky assets and shifted their investments to the yen, which increased expectations for another intervention from the BOJ.