USD/JPY is ending the week sidelined above the 108.50 level. The level to beat for bulls is the 108.73 resistance. USD/JPY daily chart USD/JPY is holding above the 108.00 handle and the 50-day simple moving average (DMA) on the daily chart. In the last 2.5 months, the market has been gradually appreciating. USD/JPY four-hour chart USD/JPY is trading above the 108.50 support level near the 200 SMA. A break above the 108.73 level can drive the market towards the 108.94/109.05 resistance zone, according to the Technical Confluences Indicator. USD/JPY 30-minute chart USD/JPY is trapped in a range near flat SMAs on the 30-minute chart. Support is seen at the 108.50 and 108.27 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 US: Markit Manufacturing PMI in November (preliminary) improves to 52.2 vs. 51.5 expected FX Street 3 years USD/JPY is ending the week sidelined above the 108.50 level. The level to beat for bulls is the 108.73 resistance. USD/JPY daily chart USD/JPY is holding above the 108.00 handle and the 50-day simple moving average (DMA) on the daily chart. In the last 2.5 months, the market has been gradually appreciating. USD/JPY four-hour chart USD/JPY is trading above the 108.50 support level near the 200 SMA. A break above the 108.73 level can drive the market towards the 108.94/109.05 resistance zone, according to the Technical Confluences Indicator. USD/JPY 30-minute chart USD/JPY… 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.
