USD/JPY bulls failed to regain the ground lost on Thursday. USD/JPY is losing momentum as it is trading below its daily 200-period simple moving average. If bears can keep USD/JPY below the 110.00 figure in the coming days, bulls can give up potentially opening the gates to further losses. USD/JPY 15-minute chart Spot rate: 109.94 Relative change: -0.04% High: 110.23 Low: 109.80 Trend: Neutral to bearish Resistance 1: 110.23-110.27 area, weekly 50-period SMA, daily 200-period SMA Resistance 2: 110.56 supply zone Resistance 3: 110.92-111.00 last week’s high and figure Resistance 4: 111.41 May 21 high Support 1: 109.84-110.00 area, daily 20-period SMA and figure Support 2: 109.55 June 19 low Support 3: 109.19 June 8 low 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 EUR/USD looks to end week in green above 1.16 as greenback fails to shake off bears FX Street 3 years USD/JPY bulls failed to regain the ground lost on Thursday. USD/JPY is losing momentum as it is trading below its daily 200-period simple moving average. If bears can keep USD/JPY below the 110.00 figure in the coming days, bulls can give up potentially opening the gates to further losses. USD/JPY 15-minute chart Spot rate: 109.94 Relative change: -0.04% High: 110.23 Low: … Top 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.
