Home USD/JPY Technical Analysis: Greenback capped below 113.50 and ready to potentially drop further post-FOMC minutes
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USD/JPY Technical Analysis: Greenback capped below 113.50 and ready to potentially drop further post-FOMC minutes

USD/JPY daily chart

  • USD/JPY is trading in a bull trend above the 200-day simple moving average (SMA).
  • The FOMC minutes were essentially a non-event with almost no market reaction.

USD/JPY 4-hour chart

  • USD/JPY is likely capped below 113.60.  
  • Technical indicators are suggesting lower prices ahead with 113.20 and 112.60 as potential targets.


USD/JPY 30-minute chart

  • USD/JPY is finding resistance at the 200 SMA.  

Additional key levels

USD/JPY

Overview:
       Today Last Price:  113.46
       Today Daily change:  -17  pips
       Today Daily change %:  -0.150%
       Today Daily Open:  113.63
Trends:
       Previous Daily SMA20:  113.33
       Previous Daily SMA50:  113.03
       Previous Daily SMA100:  112.21
       Previous Daily SMA200:  110.37
Levels:
       Previous Daily High:  114.04
       Previous Daily Low:  113.44
       Previous Weekly High:  113.24
       Previous Weekly Low:  112.3
       Previous Monthly High:  114.56
       Previous Monthly Low:  111.38
       Previous Daily Fibonacci 38.2%:  113.67
       Previous Daily Fibonacci 61.8%:  113.81
       Previous Daily Pivot Point S1:  113.37
       Previous Daily Pivot Point S2:  113.1
       Previous Daily Pivot Point S3:  112.77
       Previous Daily Pivot Point R1:  113.97
       Previous Daily Pivot Point R2:  114.3
       Previous Daily Pivot Point R3:  114.57

 

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