8:41 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

8 June 2026, 7:21 PM

Daily summary: Semiconductors rebound, Dow Jones lags 📌 EURUSD tries to recover

8 June 2026, 6:18 PM

Currency Review: Will the ECB’s rate hike halt the dollar’s gains?

5 June 2026, 3:45 PM

NFP: A turning point for the dollar and the start of a stock market correction?

5 June 2026, 1:57 PM

📉 EURUSD loses amid strong US NFP report

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