USD/JPY is consolidating the October bull run. The level to beat for sellers is the 108.16 support. Brexit uncertainties is hurting the market sentiment and attracting investors to buy the Yen. USD/JPY daily chart USD/JPY is trading in a bear trend below its 200-day simple moving average (DSMA). The market is pulling back down following the October bull run. Brexit uncertainties is eroding the market mood and attracting traders to buy the Japanese Yen. USD/JPY four-hour chart USD/JPY is trading below the 108.56 resistance and the 50 SMA on the four-hour chart, suggesting a pullback down in the medium term. As the market is losing steam, its seems likely that the spot has room to weaken towards the 108.16 support, according to the Technical Confluences Indicator. USD/JPY 30-minute chart USD/JPY is trading below its major SMAs on the 30-minute chart, suggesting a bearish bias in the near term. Resistance is seen at the 108.56 and 108.90 price levels, according to the Technical Confluences Indicator. Additional key levels 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. View All Post By FX Street FXStreet News share Read Next Libra’s Zuckerberg has released his testimony for the upcoming senate hearing FX Street 3 years USD/JPY is consolidating the October bull run. The level to beat for sellers is the 108.16 support. Brexit uncertainties is hurting the market sentiment and attracting investors to buy the Yen. USD/JPY daily chart USD/JPY is trading in a bear trend below its 200-day simple moving average (DSMA). The market is pulling back down following the October bull run. Brexit uncertainties is eroding the market mood and attracting traders to buy the Japanese Yen. USD/JPY four-hour chart USD/JPY is trading below the 108.56 resistance and the 50 SMA on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
