Chart Of The Day: USD/JPY

www.investing.com/analysis/chart-of-the-day-usdjpy-200542874

By Blake Morrow | Oct 29, 2020 05:40PM ET

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USD/JPY

-0.93%

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On Oct. 21, USD/JPY was our chart of the day, and overnight we managed to break lower from the triangle formation and get very close to the 104.00 level. By the end of the session, we closed back above the 104.50 level, which should have the bear's attention. The risk of a reversal is high, especially by the end of the week if we close above the 104.50 level. A false breakdown could lead to a breakout (higher) in the weeks ahead. If you look longer term (not pictured), over the last three years USD/JPY dropped close to 104.50 and turned higher immediately except for March of this year due to COVID-19, which took a week or two to turn higher. Knowing that, it is hard to be short USD/JPY down here while above the 104.00 level.

USD/JPY Daily Chart.

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Central Banks

Interest Rates

Next Meeting

FED

5.50%

Dec 13, 2023

ECB

4.50%

Dec 14, 2023

BOE

5.25%

Dec 14, 2023

SNB

1.75%

Dec 14, 2023

RBA

4.35%

Dec 05, 2023

BOC

5.00%

Dec 06, 2023

RBNZ

5.50%

Feb 28, 2024

BOJ

-0.10%

Dec 19, 2023

CBR

15.00%

Dec 15, 2023

RBI

6.50%

Dec 08, 2023

PBOC

3.45%

BCB

12.25%

Dec 13, 2023

US 30	36,259.0	+308.1	+0.86%
US 500	4,596.3	+28.5	+0.62%
Dow Jones	36,245.50	+294.61	+0.82%
S&P 500	4,594.63	+26.83	+0.59%
Nasdaq	14,305.03	+78.81	+0.55%
S&P 500 VIX	12.63	0.00	0.00%
Dollar Index	103.125	-0.303	-0.29%

Crude Oil WTI	74.38	-1.58	-2.08%
Brent Oil	79.56	-1.30	-1.61%
Natural Gas	2.777	-0.025	-0.89%
Gold	2,091.70	+34.50	+1.68%
Silver	25.895	+0.235	+0.92%
Copper	3.9195	+0.0690	+1.79%
US Soybeans	1,323.75	-18.25	-1.36%

U.S. 10Y	4.209	-0.015	-0.36%
U.S. 30Y	4.392	-0.025	-0.55%
U.S. 5Y	4.141	-0.013	-0.33%
U.S. 3M	5.388	-0.000	-0.00%
US 10Y T-Note	110.86	+1.06	+0.97%
Euro Bund	133.60	+1.03	+0.78%
10-2 Yield Spread	-34.38	+2.26	+-6.17%

Apple	191.24	+1.29	+0.68%
Alphabet A	131.86	-0.67	-0.51%
Tesla	238.83	-1.25	-0.52%
Amazon.com	147.03	+0.94	+0.64%
Netflix	465.74	-8.23	-1.74%
Meta Platforms	324.82	-2.33	-0.71%
Bank of America	30.95	+0.47	+1.53%

Chart Of The Day: USD/JPY

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