Home USD/JPY Technical Analysis: Greenback losing strength against Japanese Yen
FXStreet News

USD/JPY Technical Analysis: Greenback losing strength against Japanese Yen

USD/JPY daily chart

  • USD/JPY is trading in a deep pullback below the 200-day simple moving averages (SMAs) on the daily chart.

USD/JPY 4-hour chart

  • USD/JPY is trading below the 50 SMAs suggesting a weakening of the bullish momentum in the medium-term.

USD/JPY 30-minute chart

  • USD/JPY is trading below the main SMAs suggesting bearish momentum in the short-term.
  • To the downside, the market  can reach 110.50 and 110.30 level in the coming sessions.
  • Resistance is  at 111.00 and  111.50 level.

Additional key levels:

USD/JPY

Overview:
       Today Last Price:  110.66
       Today Daily change:  -4  pips
       Today Daily change %:  -0.04%
       Today Daily Open:  110.7
Trends:
       Daily SMA20:  110.03
       Daily SMA50:  109.96
       Daily SMA100:  111.48
       Daily SMA200:  111.31
Levels:
       Previous Daily High:  110.91
       Previous Daily Low:  110.57
       Previous Weekly High:  111.13
       Previous Weekly Low:  109.7
       Previous Monthly High:  110
       Previous Monthly Low:  104.75
       Daily Fibonacci 38.2%:  110.7
       Daily Fibonacci 61.8%:  110.78
       Daily Pivot Point S1:  110.54
       Daily Pivot Point S2:  110.38
       Daily Pivot Point S3:  110.2
       Daily Pivot Point R1:  110.89
       Daily Pivot Point R2:  111.07
       Daily Pivot Point R3:  111.23

 

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.