Home USD/JPY Technical Analysis: 109.40 bear target hit as Greenback loses steam
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USD/JPY Technical Analysis: 109.40 bear target hit as Greenback loses steam

USD/JPY daily chart

  • USD/JPY is trading in a deep pullback below the 50, 100 and 200-day simple moving averages (SMAs).
  • As forecast, USD/JPY retraced to the 109.40 target.  

USD/JPY 4-hour chart

  • USD/JPY is trading below its main 200 SMA.

USD/JPY 30-minute chart

  • As bears broke below the 109.40 support and the 200 SMA, USD/JPY is set to continue the decline to the 109.00 figure.

Additional key levels

USD/JPY

Overview:
       Today Last Price:  109.18
       Today Daily change:  -0.50  pips
       Today Daily change %:  -0.46%
       Today Daily Open:  109.68
Trends:
       Daily SMA20:  109.21
       Daily SMA50:  111.45
       Daily SMA100:  112.05
       Daily SMA200:  111.2
Levels:
       Previous Daily High:  109.78
       Previous Daily Low:  109.47
       Previous Weekly High:  109.9
       Previous Weekly Low:  107.99
       Previous Monthly High:  113.83
       Previous Monthly Low:  109.55
       Daily Fibonacci 38.2%:  109.66
       Daily Fibonacci 61.8%:  109.59
       Daily Pivot Point S1:  109.51
       Daily Pivot Point S2:  109.34
       Daily Pivot Point S3:  109.21
       Daily Pivot Point R1:  109.81
       Daily Pivot Point R2:  109.94
       Daily Pivot Point R3:  110.11

 

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