Home USD/JPY Technical Analysis: Breaking above 114.00 seems too much of a hassle for bulls right now
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USD/JPY Technical Analysis: Breaking above 114.00 seems too much of a hassle for bulls right now

USD/JPY daily chart

  • USD/JPY is consolidating near the 114.00 figure for the fourth day in a row.  
  • The Stochastic indicator is in the overbought zone.  

USD/JPY 4-hour chart

  • USD/JPY is trading in a bull trend above the 200-period simple moving average (SMA).  
  • USD/JPY has formed a potentially bearish wedge.  
  • Technical indicators are decelerating.

USD/JPY 30-minute chart

  • Bulls need a break above 114.20.  
  • If bears break below 113.60 support it can open the door to 113.00 figure.  
  • Bears have a slight advantage.  

 

Additional key levels at a glance:

USD/JPY

Overview:
       Last Price:  113.77
       Daily change:  1.0  pips
       Daily change:  0.00879%
       Daily Open:  113.76
Trends:
       Daily SMA20:  112.88
       Daily SMA50:  112.64
       Daily SMA100:  111.91
       Daily SMA200:  110.06
Levels:
       Daily High:  114.22
       Daily Low:  113.66
       Weekly High:  114.1
       Weekly Low:  112.94
       Monthly High:  114.56
       Monthly Low:  111.38
       Daily Fibonacci 38.2%:  113.87
       Daily Fibonacci 61.8%:  114
       Daily Pivot Point S1:  113.54
       Daily Pivot Point S2:  113.31
       Daily Pivot Point S3:  112.97
       Daily Pivot Point R1:  114.1
       Daily Pivot Point R2:  114.44
       Daily Pivot Point R3:  114.67

 

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