USD/JPY Testing Top of Last Week's 'Spinning Top Doji' Pattern on Charts -- Market Talk

Dow Jones

2024-12-10

0144 GMT - USD/JPY is testing the top of last week's 'spinning top Doji' pattern on the technical charts, says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. This move comes after the currency pair's bullish range expansion started overnight, the analyst notes. USD/JPY bulls could seek dips within Monday's range on expectations of another leg higher, Simpson says. A break above the 152.00 level would bring the 153.28 low into focus, the analyst adds. USD/JPY is 0.1% higher at 151.37 after earlier touching 151.56, the highest intraday level since the end of November, according to FactSet. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

December 09, 2024 20:44 ET (01:44 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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This move comes after the currency pair's bullish range expansion started overnight, the analyst notes. USD/JPY bulls could seek dips within Monday's range on expectations of another leg higher, Simpson says. A break above the 152.00 level would bring the 153.28 low into focus, the analyst adds. USD/JPY is 0.1% higher at 151.37 after earlier touching 151.56, the highest intraday level since the end of November, according to FactSet. 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This move comes after the currency pair's bullish range expansion started overnight, the analyst notes. USD/JPY bulls could seek dips within Monday's range on expectations of another leg higher, Simpson says. A break above the 152.00 level would bring the 153.28 low into focus, the analyst adds. USD/JPY is 0.1% higher at 151.37 after earlier touching 151.56, the highest intraday level since the end of November, according to FactSet. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 09, 2024 20:44 ET (01:44 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEGI","symbol_name":"Pattern Energy Group Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2490315600","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490315600","pubTimestamp":1733795040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0144 GMT - USD/JPY is testing the top of last week's 'spinning top Doji' pattern on the technical charts, says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. This move comes after the currency pair's bullish range expansion started overnight, the analyst notes. USD/JPY bulls could seek dips within Monday's range on expectations of another leg higher, Simpson says. A break above the 152.00 level would bring the 153.28 low into focus, the analyst adds. USD/JPY is 0.1% higher at 151.37 after earlier touching 151.56, the highest intraday level since the end of November, according to FactSet. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PEGI":"Pattern Energy Group Inc.","USD":"ProShares Ultra Semiconductors"},"translate_title":"美元/日元测试上周图表上“旋转顶部十字星”模式的顶部——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PEGI":1,"USD":1,"USDJPY.FOREX":1},"content_text":"0144 GMT - USD/JPY is testing the top of last week's 'spinning top Doji' pattern on the technical charts, says Matt Simpson, market analyst at FOREX.com and City Index, in a commentary. This move comes after the currency pair's bullish range expansion started overnight, the analyst notes. USD/JPY bulls could seek dips within Monday's range on expectations of another leg higher, Simpson says. A break above the 152.00 level would bring the 153.28 low into focus, the analyst adds. USD/JPY is 0.1% higher at 151.37 after earlier touching 151.56, the highest intraday level since the end of November, according to FactSet. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 09, 2024 20:44 ET (01:44 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}