USD/JPY is looking for a clear direction while trading near the 109.00 figure and 200 DMA. Support is seen at the 109.03 and 108.75 price levels. USD/JPY daily chart USD/JPY is trading just above the 109.00 handle and the 200-day simple moving average (DMA) on the daily time frame. In September and November, the spot has been gaining considerable strength. USD/JPY four-hour chart Dollar/Yen is trading above its main SMAs on the four-hour chart, suggesting a bullish momentum in the medium term. The market is battling for the 109.00 handle. A daily break above the 109.32/49 price zone can lead to an acceleration towards the 109.77 and 110.34 price levels, according to the Technical Confluences Indicator. USD/JPY 30-minute chart USD/JPY is reversing its previous intraday gains as the market is nearing the 109.03 support. Further down lie the 108.75, 108.47 and 107.93 levels, according to the Technical Confluences Indicator. The outlook in the near term seem to be neutral to bearish. 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 Google has been collecting large US patient data for blockchain technology development FX Street 3 years USD/JPY is looking for a clear direction while trading near the 109.00 figure and 200 DMA. Support is seen at the 109.03 and 108.75 price levels. USD/JPY daily chart USD/JPY is trading just above the 109.00 handle and the 200-day simple moving average (DMA) on the daily time frame. In September and November, the spot has been gaining considerable strength. USD/JPY four-hour chart Dollar/Yen is trading above its main SMAs on the four-hour chart, suggesting a bullish momentum in the medium term. The market is battling for the 109.00 handle. A daily break… 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.
