Home USD/JPY Technical Analysis: Greenback hits 109.40 as WSJ reports US considers lifting China tariffs
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USD/JPY Technical Analysis: Greenback hits 109.40 as WSJ reports US considers lifting China tariffs

USD/JPY daily chart

  • USD/JPY is trading in a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs).
  • USD/JPY spiked 40 pips to the upside as the Wall Street Journal reported that the US considers lifting China tariffs.

USD/JPY 4-hour chart

  • Bulls have reclaimed the 50 and 100 SMAs.

USD/JPY 30-minute chart

  • As the spike up is being quickly retrcaced, bears might bring the market back to 109.00 and 108.70 supports.

Additional key levels

USD/JPY

Overview:
       Today Last Price:  109.24
       Today Daily change:  20  pips
       Today Daily change %:  0.193%
       Today Daily Open:  109.03
Trends:
       Daily SMA20:  109.43
       Daily SMA50:  111.71
       Daily SMA100:  112.09
       Daily SMA200:  111.17
Levels:
       Previous Daily High:  109.2
       Previous Daily Low:  108.37
       Previous Weekly High:  109.09
       Previous Weekly Low:  107.77
       Previous Monthly High:  113.83
       Previous Monthly Low:  109.55
       Daily Fibonacci 38.2%:  108.88
       Daily Fibonacci 61.8%:  108.69
       Daily Pivot Point S1:  108.53
       Daily Pivot Point S2:  108.04
       Daily Pivot Point S3:  107.71
       Daily Pivot Point R1:  109.36
       Daily Pivot Point R2:  109.69
       Daily Pivot Point R3:  110.19

 

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