Home USD/JPY Technical Analysis: Greenback bulls keep the market above the 108.00 figure
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USD/JPY Technical Analysis: Greenback bulls keep the market above the 108.00 figure

USD/JPY daily chart

  • USD/JPY is in a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs).
  • Bulls are keeping the market above the 108.00 figure despite bearish pressure.  

USD/JPY 4-hour chart

  • The 50 SMA is acting as dynamic resistance.  

USD/JPY 30-minute chart

  • USD/JPY is trading in a tight range.  
  • Bulls will most likely try to reconquer the 108.50 level to the upside in the short-term.  
  • Support lies at the 107.80 level.

Additional key levels

USD/JPY

Overview:
       Today Last Price:  108.2
       Today Daily change:  -35  pips
       Today Daily change %:  -0.322%
       Today Daily Open:  108.55
Trends:
       Previous Daily SMA20:  110.03
       Previous Daily SMA50:  112
       Previous Daily SMA100:  112.17
       Previous Daily SMA200:  111.14
Levels:
       Previous Daily High:  108.6
       Previous Daily Low:  108.14
       Previous Weekly High:  109.09
       Previous Weekly Low:  107.77
       Previous Monthly High:  113.83
       Previous Monthly Low:  109.55
       Previous Daily Fibonacci 38.2%:  108.43
       Previous Daily Fibonacci 61.8%:  108.32
       Previous Daily Pivot Point S1:  108.26
       Previous Daily Pivot Point S2:  107.97
       Previous Daily Pivot Point S3:  107.8
       Previous Daily Pivot Point R1:  108.72
       Previous Daily Pivot Point R2:  108.89
       Previous Daily Pivot Point R3:  109.18

 

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