USD/JPY is trading at daily highs into the London close this Friday. The level to beat for bulls is the 108.90/109.03 resistance zone. USD/JPY daily chart USD/JPY is trading just below the 109.00 handle and the 200-day simple moving average (DMA) on the daily time frame. In the last two months, the market has been gaining considerable ground. USD/JPY four-hour chart USD/JPY is rebounding from the November lows while trading above the 100 and 200 SMAs. The market is approaching the 108.90/109.03 resistance zone near the 50 SMA. A break above it can lead to further gains towards the 109.33/109.47 resistance zone. USD/JPY 30-minute chart USD/JPY is challenging the 200 SMA on the 30-minute chart. Support can be found near the 108.72 and 108.47 levels, according to the Technical Confluences Indicator. 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 Atlanta Fed’s GDPNow slumped to 0.3% for Q4 from 1% FX Street 3 years USD/JPY is trading at daily highs into the London close this Friday. The level to beat for bulls is the 108.90/109.03 resistance zone. USD/JPY daily chart USD/JPY is trading just below the 109.00 handle and the 200-day simple moving average (DMA) on the daily time frame. In the last two months, the market has been gaining considerable ground. USD/JPY four-hour chart USD/JPY is rebounding from the November lows while trading above the 100 and 200 SMAs. The market is approaching the 108.90/109.03 resistance zone near the 50 SMA. A break above it can lead… 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.
