USD/JPY is trading at daily lows after the London close this Friday. The level to beat for bears is the 108.49 level. USD/JPY daily chart USD/JPY is ranging just below the 109.00 handle and the 200-day simple moving average (DMA) on the daily time frame. In both September and November, the market has been accelerating to the upside. USD/JPY four-hour chart USD/JPY dropped this Monday rejecting the 109.00 handle as well as the 50 and 100 SMAs. If the bears overcome the 108.49 support and the 200 SMA, the market might continue to decline towards the November lows and the 108.27, 108.00, 107.75 and 107.59 support levels. USD/JPY 30-minute chart USD/JPY is trading below the main SMAs on the 30-minute chart. Resistance can be found near 108.75, 108.94, 109.05 and 109.35 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 Gold steadies above $1,470 following the risk-off rally FX Street 3 years USD/JPY is trading at daily lows after the London close this Friday. The level to beat for bears is the 108.49 level. USD/JPY daily chart USD/JPY is ranging just below the 109.00 handle and the 200-day simple moving average (DMA) on the daily time frame. In both September and November, the market has been accelerating to the upside. USD/JPY four-hour chart USD/JPY dropped this Monday rejecting the 109.00 handle as well as the 50 and 100 SMAs. If the bears overcome the 108.49 support and the 200 SMA, the market might continue to… 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.
