Home USD/JPY Technical Analysis: Greenback gaining strength against Yen en route to 113.70 target
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USD/JPY Technical Analysis: Greenback gaining strength against Yen en route to 113.70 target

USD/JPY daily chart:  

  • USD/JPY is trading in a bull trend above its main simple moving averages (SMAs).  
  • USD/JPY bulls objective is to reclaim the 114.00 figure.  

USD/JPY 4-hour chart

  • USD/JPY broke above 113.20 and the last swing high as the market is trading above its main SMAs.
  • The RSI and the Stochastic are in positive territories while the MACD is bullish.
  • The main resistance to the upside is at the 113.70 level while main support is at 112.30.  

USD/JPY 30-minute chart

  • USD/JPY is facing some short-term resistance at 113.40 as the market is trading above its main SMAs.  
  • USD/JPY is at the daily high while technical indicators are bullish.
  • The target to the upside is the 113.70 level.

Additional key levels

USD/JPY

Overview:
       Today Last Price:  113.39
       Today Daily change:  47  pips
       Today Daily change %:  0.416%
       Today Daily Open:  112.92
Trends:
       Previous Daily SMA20:  113.2
       Previous Daily SMA50:  112.94
       Previous Daily SMA100:  112.14
       Previous Daily SMA200:  110.26
Levels:
       Previous Daily High:  113.02
       Previous Daily Low:  112.66
       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%:  112.79
       Previous Daily Fibonacci 61.8%:  112.88
       Previous Daily Pivot Point S1:  112.71
       Previous Daily Pivot Point S2:  112.5
       Previous Daily Pivot Point S3:  112.35
       Previous Daily Pivot Point R1:  113.08
       Previous Daily Pivot Point R2:  113.23
       Previous Daily Pivot Point R3:  113.44

 

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