Home USD/JPY Technical Analysis: Bears in charge as 109.00 figure is on the cards
FXStreet News

USD/JPY Technical Analysis: Bears in charge as 109.00 figure is on the cards

USD/JPY daily chart

  • USD/JPY is trading in a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs).

USD/JPY 4-hour chart

  • The market is currently trading above the 50 and 100 SMA.  

USD/JPY 30-minute chart

  • Bears are likely to drive the market to 109.00 figure as 109.70 is seen as resistance.    

Additional key levels

USD/JPY

Overview:
       Today Last Price:  109.39
       Today Daily change:  15  pips
       Today Daily change %:  0.137%
       Today Daily Open:  109.24
Trends:
       Daily SMA20:  109.33
       Daily SMA50:  111.62
       Daily SMA100:  112.07
       Daily SMA200:  111.18
Levels:
       Previous Daily High:  109.41
       Previous Daily Low:  108.68
       Previous Weekly High:  109.09
       Previous Weekly Low:  107.77
       Previous Monthly High:  113.83
       Previous Monthly Low:  109.55
       Daily Fibonacci 38.2%:  109.13
       Daily Fibonacci 61.8%:  108.96
       Daily Pivot Point S1:  108.81
       Daily Pivot Point S2:  108.38
       Daily Pivot Point S3:  108.08
       Daily Pivot Point R1:  109.54
       Daily Pivot Point R2:  109.84
       Daily Pivot Point R3:  110.27

 

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.