Technical analysis

14 October 2021

19:45 USD/JPY is trading near a near three-year high

Today, the USD/JPY pair is trading in the Y113.29-60 range - near an almost three-year high. On the hourly chart, the pair rose above the moving average line MA (200) H1 (Y112.25) and on the four-hour chart - above MA (200) H4 (Y110.70). In this situation, the scenario of further growth of the USD/JPY pair is likely. 

Although it is worth noting that the 14-day relative strength index (RSI (14) on D1) is above the level of 70, which signals a possible change in the direction of price movement.

Resistance levels are: Y113.80, Y114.05-15, Y114.55

Support levels are: Y113.00, Y112.15-25, Y111.50


The main scenario for the pair's promotion — resistance breakout is Y113.80 (October 12-13 high) and there may be an increase to Y114.05-15 (November 8-13 and 28’ 2018 and December 3’ 2018)

An alternative scenario — support breakout is Y113.00 (October 12 low) and there may be a decline to Y112.15-25 (October 11 low, MA (200) H1)


14 October 2021, 20:00

NZD/USD rose to a three-week high

14 October 2021, 19:39

USD/CHF dropped to a monthly low

Market focus

October 2021
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
REGISTER FOR TRAINING