USD/JPY is nearing the monthly highs as the US Dollar is gaining strength. The next key resistance to the upside is at the 108.86 level. USD/JPY daily chart USD/JPY is nearing the monthly highs as the market is challenging the 50-day simple moving average (SMA). USD/JPY 4-hour chart USD/JPY broke above 108.41 resistance and it almost reached the 108.86 resistance. A break beyond this level can open the doors to a run towards 109.40 resistance, according to the Technical Confluences Indicator. USD/JPY 30-minute chart USD/JPY is trending above the main SMAs suggesting a bullish bias in the near term. Immediate supports can be seen at the 108.41 and the 108.03 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 WTI close on Wall Street i the green, +0.45% FX Street 4 years USD/JPY is nearing the monthly highs as the US Dollar is gaining strength. The next key resistance to the upside is at the 108.86 level. USD/JPY daily chart USD/JPY is nearing the monthly highs as the market is challenging the 50-day simple moving average (SMA). USD/JPY 4-hour chart USD/JPY broke above 108.41 resistance and it almost reached the 108.86 resistance. A break beyond this level can open the doors to a run towards 109.40 resistance, according to the Technical Confluences Indicator. USD/JPY 30-minute chart USD/JPY is trending… 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.
