“¢ The pair extended its sideways consolidative price action through the early European session, with 200-hour EMA protecting the immediate downside amid the prevalent risk-on mood. “¢ Neutral technical indicators on hourly charts haven’t been supportive of any firm intraday direction, though bullish oscillators on the daily chart point to further near-term positive move. USD/JPY 1-hourly chart “¢ Bulls, however, seemed to wait for a sustained move beyond the 111.00 handle before positioning for a further up-move towards challenging 100-day SMA barrier near the 111.50 region. “¢ A follow-through buying has the potential to lift the pair further towards reclaiming the 112.00 handle, coinciding with near two-month-old ascending trend-channel on the daily chart. Daily chart USD/JPY Overview: Today Last Price: 110.68 Today Daily change %: 0.00% Today Daily Open: 110.68 Trends: Daily SMA20: 110.09 Daily SMA50: 109.9 Daily SMA100: 111.45 Daily SMA200: 111.31 Levels: Previous Daily High: 110.91 Previous Daily Low: 110.55 Previous Weekly High: 110.96 Previous Weekly Low: 110.42 Previous Monthly High: 110 Previous Monthly Low: 104.75 Daily Fibonacci 38.2%: 110.69 Daily Fibonacci 61.8%: 110.77 Daily Pivot Point S1: 110.52 Daily Pivot Point S2: 110.36 Daily Pivot Point S3: 110.17 Daily Pivot Point R1: 110.87 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. View All Post By FX Street FXStreet News share Read Next Central Banks: Shift in policy settings not sufficient to be a strong tailwind – ABN AMRO FX Street 4 years "¢ The pair extended its sideways consolidative price action through the early European session, with 200-hour EMA protecting the immediate downside amid the prevalent risk-on mood. "¢ Neutral technical indicators on hourly charts haven't been supportive of any firm intraday direction, though bullish oscillators on the daily chart point to further near-term positive move. USD/JPY 1-hourly chart "¢ Bulls, however, seemed to wait for a sustained move beyond the 111.00 handle before positioning for a further up-move towards challenging 100-day SMA barrier near the 111.50 region. "¢ A follow-through buying has the… 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.
