Home USD/JPY Technical Analysis: Flattening out at 111.00
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USD/JPY Technical Analysis: Flattening out at 111.00

  • The Dollar-Yen pairing is cycling around the 111.00 handle as investors buckle down for the holiday shutdown.
  • USD/JPY continues to push towards low-side support from 110.90 as the US Dollar sees selling pressure in the near-term.

USD/JPY, 5-Minute

  • USD/JPY pinned into the 110.90 region after slipping from the 113.60 region as the US Dollar takes a step down against the safe-haven Yen.

USD/JPY, 30-Minute

  • Short-side action over the past two months has seen USD/JPY break into new low territory, and Dollar bidders will be looking to build a base from the 111.00 handle, though the walkback  to highs near 114.00 is a long one, and medium-term short-sellers can be expected to begin building out fresh position from the 112.50 midpoint.

USD/JPY, 4-Hour

USD/JPY

Overview:
       Today Last Price:  111.1
       Today Daily change:  -21  pips
       Today Daily change %:  -0.189%
       Today Daily Open:  111.31
Trends:
       Previous Daily SMA20:  113.01
       Previous Daily SMA50:  112.95
       Previous Daily SMA100:  112.4
       Previous Daily SMA200:  110.9
Levels:
       Previous Daily High:  111.46
       Previous Daily Low:  110.93
       Previous Weekly High:  113.52
       Previous Weekly Low:  110.81
       Previous Monthly High:  114.25
       Previous Monthly Low:  112.3
       Previous Daily Fibonacci 38.2%:  111.26
       Previous Daily Fibonacci 61.8%:  111.14
       Previous Daily Pivot Point S1:  111.01
       Previous Daily Pivot Point S2:  110.71
       Previous Daily Pivot Point S3:  110.48
       Previous Daily Pivot Point R1:  111.53
       Previous Daily Pivot Point R2:  111.76
       Previous Daily Pivot Point R3:  112.06

 

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