Home USD/JPY Technical Analysis: Greenback breaks below 113.00 against Yen as Wall Street bears take over
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USD/JPY Technical Analysis: Greenback breaks below 113.00 against Yen as Wall Street bears take over

USD/JPY daily chart

  • USD/JPY is trading in a bull trend below the 100 and 200-day simple moving averages (SMAs).
  • USD/JPY broke below the 50 SMA and the 113.00 figure.
  • There is safe-haven demand for the Japanse Yen as US stock indices are trading down.

USD/JPY 4-hour chart

  • USD/JPY reached the 112.60 support.  
  • Bears would need to break through it in order to reach the 112.30 and 111.60 level.  

USD/JPY 30-minute chart

  • 113.00 becomes strong resistance to the upside.  
  • The path of least resistance is down but 112.60 needs to be broken.

Additional key levels

USD/JPY

Overview:
       Today Last Price:  112.62
       Today Daily change:  -1.0e+2  pips
       Today Daily change %:  -0.915%
       Today Daily Open:  113.66
Trends:
       Previous Daily SMA20:  113.4
       Previous Daily SMA50:  113.08
       Previous Daily SMA100:  112.25
       Previous Daily SMA200:  110.46
Levels:
       Previous Daily High:  113.83
       Previous Daily Low:  113.37
       Previous Weekly High:  114.04
       Previous Weekly Low:  112.88
       Previous Monthly High:  114.25
       Previous Monthly Low:  112.3
       Previous Daily Fibonacci 38.2%:  113.55
       Previous Daily Fibonacci 61.8%:  113.65
       Previous Daily Pivot Point S1:  113.41
       Previous Daily Pivot Point S2:  113.17
       Previous Daily Pivot Point S3:  112.96
       Previous Daily Pivot Point R1:  113.87
       Previous Daily Pivot Point R2:  114.07
       Previous Daily Pivot Point R3:  114.32

 

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