“¢ The pair extended its intraday sharp retracement slide from fresh one-month tops and momentarily slipped back below the 113.00 handle in the last hour. “¢ Weakness break below 50/100-hour SMA was seen as a key trigger for bearish traders, though the downfall seems to have found some support near 200-hour EMA. “¢ Technical indicators on the 1-hourly chart have been gaining negative momentum and point to an extension of the intraday steep decline led by the US midterm election results. “¢ A decisive break through the mentioned support and a subsequent fall below 38.2% Fibonacci level of the 111.38-113.82 recent upsurge, will add credence to the bearish outlook. USD/JPY 1-hourly chart USD/JPY Overview: Last Price: 113.07 Daily change: -39 pips Daily change: -0.344% Daily Open: 113.46 Trends: Daily SMA20: 112.55 Daily SMA50: 112.43 Daily SMA100: 111.76 Daily SMA200: 109.97 Levels: Daily High: 113.51 Daily Low: 113.1 Weekly High: 113.4 Weekly Low: 111.78 Monthly High: 114.56 Monthly Low: 111.38 Daily Fibonacci 38.2%: 113.35 Daily Fibonacci 61.8%: 113.25 Daily Pivot Point S1: 113.2 Daily Pivot Point S2: 112.94 Daily Pivot Point S3: 112.79 Daily Pivot Point R1: 113.62 Daily Pivot Point R2: 113.77 Daily Pivot Point R3: 114.03 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 Germany: Strong manufacturing numbers – TDS FX Street 4 years "¢ The pair extended its intraday sharp retracement slide from fresh one-month tops and momentarily slipped back below the 113.00 handle in the last hour. "¢ Weakness break below 50/100-hour SMA was seen as a key trigger for bearish traders, though the downfall seems to have found some support near 200-hour EMA. "¢ Technical indicators on the 1-hourly chart have been gaining negative momentum and point to an extension of the intraday steep decline led by the US midterm election results. "¢ A decisive break through the mentioned support and a subsequent… 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.
