{"id":165108,"date":"2023-09-29T15:07:16","date_gmt":"2023-09-29T09:37:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=165108"},"modified":"2023-09-29T15:07:16","modified_gmt":"2023-09-29T09:37:16","slug":"extends-losses-on-second-day-near-149-00-psychological-level-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/extends-losses-on-second-day-near-149-00-psychological-level-crypto-news\/","title":{"rendered":"Extends losses on second day near 149.00 psychological level &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>USD\/JPY hovers around 149.00 psychological level ahead of US Core PCE.<\/strong><\/li>\n<li><strong>Momentum indicators suggest a potential bullish sentiment in the market.<\/strong><\/li>\n<li><strong>14-day EMA emerges as the key support, following the 23.6% Fibonacci retracement.<\/strong><\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\">USD\/JPY<\/a> extends its losses on the second successive day, trading lower around 149.00 psychological level during the European trading session on Friday.<\/p>\n<p>The pair faces a challenge due to the correction in the US Dollar (USD), which could be attributed to the pullback in the US Treasury yields.<\/p>\n<p>The 14-day Exponential Moving Average (EMA) at 148.36 could act as key support, following the 21-day EMA at 147.87.<\/p>\n<p>A firm break could influence the USD\/JPY bears to navigate the area around the 23.6% Fibonacci retracement at 146.76, followed by the 146.00 psychological level.<\/p>\n<p>The current upward momentum in USD\/JPY appears to have a bullish bias, given that the 14-day Relative Strength Index (RSI) remains above the 50 level.<\/p>\n<p>However, there is a resistance region around the monthly high at 149.70, followed by the 150.00 psychological level that may pose a challenge for further gains.<\/p>\n<p>The Moving Average Convergence Divergence (MACD) indicator is providing a strong signal for the USD\u2019s buyers. The MACD line lies above the centerline and the signal line. This configuration suggests that there is potentially strong momentum in the USD\/JPY&#8217;s price movement.<\/p>\n<h3 class=\"fxs_headline_medium\"><strong>USD\/JPY: Daily Chart<\/strong><\/h3>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638315756383195258.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD\/JPY hovers around 149.00 psychological level ahead of US Core PCE. Momentum indicators suggest a potential bullish sentiment in the market. 14-day EMA emerges as the key support, following the 23.6% Fibonacci retracement. USD\/JPY extends its losses on the second successive day, trading lower around 149.00 psychological level during the European trading session on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,277,252,247,253,249,308,275,256,254],"class_list":["post-165108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-majors","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=165108"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165108\/revisions"}],"predecessor-version":[{"id":165109,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165108\/revisions\/165109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/5294"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=165108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=165108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=165108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}