Home USD/JPY Technical Analysis: Challenging 114.00 in fresh Dollar-up plays
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USD/JPY Technical Analysis: Challenging 114.00 in fresh Dollar-up plays

  • The Dollar-Yen pairing’s early Monday action has the pair setting up for a rejection from the 114.00 handle unless Greenback buyers can find the momentum to mount and hold the critical technical handle.

USD/JPY M5

  • The past week has seen the USD/JPY maintain a bullish lean, with frequent bounces into the 200-period moving average, keeping the pair close to major averages.

USD/JPY M30

  • Hourly candles see the Dollar beginning to run away with the game against the Japanese Yen, pulling away from the key 200-hour moving average which currently sits near 113.30, and the 50-hour moving average at 113.80 is providing near-term support for a move higher.

USD/JPY H1

USD/JPY

Overview:
       Last Price:  113.98
       Daily change:  19  pips
       Daily change:  0.167%
       Daily Open:  113.79
Trends:
       Daily SMA20:  112.78
       Daily SMA50:  112.58
       Daily SMA100:  111.87
       Daily SMA200:  110.04
Levels:
       Daily High:  114.1
       Daily Low:  113.64
       Weekly High:  114.1
       Weekly Low:  112.94
       Monthly High:  114.56
       Monthly Low:  111.38
       Daily Fibonacci 38.2%:  113.82
       Daily Fibonacci 61.8%:  113.92
       Daily Pivot Point S1:  113.59
       Daily Pivot Point S2:  113.38
       Daily Pivot Point S3:  113.13
       Daily Pivot Point R1:  114.05
       Daily Pivot Point R2:  114.3
       Daily Pivot Point R3:  114.51

 

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