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USD/JPY Technical Analysis: Greenback bulls en route towards 111.00 the figure

USD/JPY daily chart

  • USD/JPY is trading below its 100 and 200-day simple moving averages (SMAs) suggesting bearish momentum.

USD/JPY 4-hour chart
  • USD/JPY is trading below its 100 and 200 SMAs suggesting a bearish bias in the medium-term.

USD/JPY 30-minute chart
  • USD/JPY is trading above its main SMAs suggesting bullish momentum in the short-term.
  • The ongoing bull strength should lead to a move up to 111.00 resistance.
  • Looking down, support is at 110.40 and 110.85 level.

Additional key levels

USD/JPY

Overview
Today last price110.73
Today Daily Change0.22
Today Daily Change %0.20
Today daily open110.51
 
Trends
Daily SMA20111.19
Daily SMA50110.5
Daily SMA100111.11
Daily SMA200111.45
 
Levels
Previous Daily High110.72
Previous Daily Low110.23
Previous Weekly High111.7
Previous Weekly Low109.74
Previous Monthly High111.5
Previous Monthly Low108.73
Daily Fibonacci 38.2%110.42
Daily Fibonacci 61.8%110.53
Daily Pivot Point S1110.26
Daily Pivot Point S2110.01
Daily Pivot Point S3109.78
Daily Pivot Point R1110.74
Daily Pivot Point R2110.97
Daily Pivot Point R3111.22

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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