Home USD/JPY Technical Analysis: 109.00 bull target hit as bears are back in town
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USD/JPY Technical Analysis: 109.00 bull target hit as bears are back in town

USD/JPY daily chart

  • USD/JPY is trading in a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs).
  • As discussed, 109.00 the figure was indeed on the cards for bulls.

USD/JPY 4-hour chart

  • Bulls are challenging the 109.00 figure along with the 109.00 figure.

USD/JPY 30-minute chart

  • The market is set to decline to the 108.55 level and down to 108.30 if the bears gather enough steam.

Additional key levels  

USD/JPY

Overview:
       Today Last Price:  108.87
       Today Daily change:  20  pips
       Today Daily change %:  0.184%
       Today Daily Open:  108.67
Trends:
       Previous Daily SMA20:  109.6
       Previous Daily SMA50:  111.8
       Previous Daily SMA100:  112.12
       Previous Daily SMA200:  111.16
Levels:
       Previous Daily High:  108.78
       Previous Daily Low:  108.13
       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%:  108.53
       Previous Daily Fibonacci 61.8%:  108.38
       Previous Daily Pivot Point S1:  108.27
       Previous Daily Pivot Point S2:  107.88
       Previous Daily Pivot Point S3:  107.63
       Previous Daily Pivot Point R1:  108.92
       Previous Daily Pivot Point R2:  109.17
       Previous Daily Pivot Point R3:  109.57

 

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