USD/JPY is trading in a bull trend above the 200-period simple moving average. USD/JPY broke above the 113.00 figure which acted as strong resistance in the last weeks of trading. Now the next bulls objective is to break above 113.55 resistance. The RSI and MACD indicators are in positive territories while the Stochastic is in the overbought zone. All suggesting a decent bullish bias. On the flip side, a break below 113.00 on a daily closing basis might pause the current bullish momentum and lead to a retracement to 112.55 support. USD/JPY 4-hour chart Main trend: Bullish Resistance 1: 113.55 October 2 low Resistance 2: 114.00 figure Resistance 3: 114.57 October high Support 1: 113.00 figure Support 2: 112.55 September 27 low Support 3: 112.00-112.17 zone, figure and August 1 swing high Support 4: 111.00 figure Support 5: 110.35 September Low Support 6: 109.75 August low Additional key levels at a glance: USD/JPY Overview: Last Price: 113.37 Daily change: 24 pips Daily change: 0.212% Daily Open: 113.13 Trends: Daily SMA20: 112.69 Daily SMA50: 112.23 Daily SMA100: 111.63 Daily SMA200: 109.88 Levels: Daily High: 113.13 Daily Low: 112.3 Weekly High: 112.9 Weekly Low: 111.38 Monthly High: 113.71 Monthly Low: 110.38 Daily Fibonacci 38.2%: 112.81 Daily Fibonacci 61.8%: 112.62 Daily Pivot Point S1: 112.57 Daily Pivot Point S2: 112.01 Daily Pivot Point S3: 111.73 Daily Pivot Point R1: 113.41 Daily Pivot Point R2: 113.69 Daily Pivot Point R3: 114.25 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 Fed unveils set of proposed rules to lower regulator barriers for smaller banks FX Street 4 years USD/JPY is trading in a bull trend above the 200-period simple moving average. USD/JPY broke above the 113.00 figure which acted as strong resistance in the last weeks of trading. Now the next bulls objective is to break above 113.55 resistance. The RSI and MACD indicators are in positive territories while the Stochastic is in the overbought zone. All suggesting a decent bullish bias. On the flip side, a break below 113.00 on a daily closing basis might pause the current bullish momentum and lead to a retracement to 112.55 support. USD/JPY 4-hour chart Main trend: … 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.
