7:41 AM · 17 May 2021

Chart of the day - USDJPY (17.05.2021)

USDJPY has been trading in a steady downward move since May 13, 2021. The pair made a break below the 38.2% retracement of the upward impulse started on May 7 this morning but pressure has eased since. While the pair has managed to recover slightly during the past hour, technical outlook continues to favour bears. Invalidating downtrend structure would require a break above the 23.6% retracement in 109.40 area. Should the downward move resume, the first major support level to watch can be found at 109.07, where the lower limit of the Overbalance structure and 50% retracement can be found.

Source: xStation5

4 November 2026, 7:08 PM

Daily Summary: Blue Wave in Congress Triggers Market Euphoria, Oil Plunges

4 November 2026, 3:31 PM

BREAKING: ISM for services grows at the slowest pace in three months, cost pressure persists

4 November 2026, 1:28 PM

BREAKING: US Labor Market Stronger Than Expected. ADP Report Surprises Ahead of Government Data

4 November 2026, 1:25 PM

Market Wrap: European Stocks Rise Following US Elections

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits