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USD/JPY Technical Analysis: Greenback bears reverse daily gains

USD/JPY daily chart  

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

USD/JPY 4-hour chart

  • USD/JPY is trading below its 200 SMA.

USD/JPY 30-minute chart

  • USD/JPY is challenging the 109.40 support and the main SMAs.  
  • If bulls lose the 109.40 support then a drop to 109.00 can be on the cards.  

Additional key levels

USD/JPY

Overview:
       Today Last Price:  109.47
       Today Daily change:  6  pips
       Today Daily change %:  0.05%
       Today Daily Open:  109.41
Trends:
       Daily SMA20:  109.17
       Daily SMA50:  111.37
       Daily SMA100:  112.03
       Daily SMA200:  111.21
Levels:
       Previous Daily High:  109.7
       Previous Daily Low:  109.14
       Previous Weekly High:  109.9
       Previous Weekly Low:  107.99
       Previous Monthly High:  113.83
       Previous Monthly Low:  109.55
       Daily Fibonacci 38.2%:  109.36
       Daily Fibonacci 61.8%:  109.49
       Daily Pivot Point S1:  109.14
       Daily Pivot Point S2:  108.86
       Daily Pivot Point S3:  108.57
       Daily Pivot Point R1:  109.7
       Daily Pivot Point R2:  109.98
       Daily Pivot Point R3:  110.26

 

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