Home USD/JPY technical analysis: Breaking to 4-day high and nearing 110.00 handle
FXStreet News

USD/JPY technical analysis: Breaking to 4-day high and nearing 110.00 handle

FX Street
Published date:
  • Global risk is improving lessening the demand for the safe-haven yen.  
  • USD/JPY is reaching the 110.00 figure.  

USD/JPY daily chart

USD/JPY is consolidating at multi-month lows below its main simple moving averages (SMAs).  

USD/JPY 4-hour chart

USD/JPY is approaching the 110.00 level as the market trades above the 50 and 100 SMAs.


USD/JPY 30-minute chart

USD/JPY is breaking away from the range of the last days as bulls overcame 109.75. The next pit-stops to the upside can be at 110.00, 110.40 and 110.60. Support is at 109.75 and 106.60.  


Additional key levels

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2026