Home USD/JPY Technical Analysis: Stalemate just below the 113.00 figure
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USD/JPY Technical Analysis: Stalemate just below the 113.00 figure

  • USD/JPY is back into the 112.00-113.00 range as the market is ranging.
  • USD/JPY is just above the 200-period simple moving average and below the 113.00 level.  
  • If bulls can’t beak 113.00 then a retest of 112.55 level and possibly 112.00-112.17 zone can be in the making. The RSI is above 50, MACD is bearish while the Stochastic indicator is below the 50 line.  
  • A break back above 113.00 might invalidate the current bearish bias.  

USD/JPY 4-hour chart

Main trend:               Neutral

Resistance 1:    113.00 figure
Resistance 2:    113.55 October 2 low
Resistance 3:    114.00 figure
Resistance 4:    114.57 October high

Support 1:    112.55 September 27 low
Support 2:    112.00-112.17 zone, figure and August 1 swing high
Support 3:    111.00 figure
Support 4:    110.35 September Low
Support 5:    109.75 August low

 
Additional key levels at a glance:

USD/JPY

Overview:
       Last Price:  112.86
       Daily change:  15  pips
       Daily change:  0.133%
       Daily Open:  112.71
Trends:
       Daily SMA20:  112.55
       Daily SMA50:  112.3
       Daily SMA100:  111.67
       Daily SMA200:  109.91
Levels:
       Daily High:  113.06
       Daily Low:  112.6
       Weekly High:  112.9
       Weekly Low:  111.38
       Monthly High:  114.56
       Monthly Low:  111.38
       Daily Fibonacci 38.2%:  112.77
       Daily Fibonacci 61.8%:  112.88
       Daily Pivot Point S1:  112.52
       Daily Pivot Point S2:  112.32
       Daily Pivot Point S3:  112.05
       Daily Pivot Point R1:  112.98
       Daily Pivot Point R2:  113.26
       Daily Pivot Point R3:  113.45

 

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