{"id":28593,"date":"2023-06-02T10:34:10","date_gmt":"2023-06-02T10:34:10","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/?p=28593"},"modified":"2025-11-18T08:59:01","modified_gmt":"2025-11-18T08:59:01","slug":"usdjpy-pullback","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/pt-pt\/usdjpy-pullback\/","title":{"rendered":"USDJPY Pullback: Analyzing the Market Movement"},"content":{"rendered":"\n

Good morning Traders and Happy NFP day!<\/p>\n\n\n\n

USDJPY<\/h2>\n\n\n\n

After breaking the strong resistance level at around the 138 level, the market<\/a> continued higher to print a Daily and a Weekly swing Higher Highs. With the market being very overextended from it\u2019s Moving Averages, a pullback was on the cards.<\/p>\n\n\n\n

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USDJPY D<\/figcaption><\/figure>\n\n\n\n
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USDJPY W<\/figcaption><\/figure>\n\n\n\n
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USDJPY M<\/figcaption><\/figure>\n<\/figure>\n\n\n\n

Drawing the Fibonacci<\/a> retracement of the latest Daily move, has the 61.8% retracement clustering nicely with the previous daily swing High, which, if drilling into lower timeframes, also shows it acted as a local resistance area.<\/p>\n\n\n\n

Currently the market<\/a> is back within it\u2019s Moving Averages, and I am looking for any signs that the buyers are ready to take control of this market once again, for a potential setup in the direction of the overall trend.<\/p>\n\n\n\n

Happy Trading!<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning Traders and Happy NFP day! USDJPY After breaking the strong resistance level at around the 138 level, the market continued higher to print a Daily and a Weekly swing Higher Highs. With the market being very overextended from it\u2019s Moving Averages, a pullback was on the cards. Drawing the Fibonacci retracement of the […]<\/p>\n","protected":false},"author":15,"featured_media":28596,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"USDJPY Pullback Analysis | %%sitetitle%%","_seopress_titles_desc":"Explore the pullback in USDJPY and gain insights into the market movement. Stay informed and make informed trading decisions with our analysis.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-28593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-selecciones-diarias"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts\/28593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/comments?post=28593"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts\/28593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/media\/28596"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/media?parent=28593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/categories?post=28593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/tags?post=28593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}