- 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