USD/JPY daily chart
- USD/JPY is in a bull trend above the 200-day simple moving average (SMA).
- USD/JPY found some support at the 100 SMA.
- Safe haven Yen was in demand as US indices are trading down.
USD/JPY 4-hour chart
- USD/JPY is trading below its main SMAs.
- USD/JPY is testing November lows at the 112.20 level.
USD/JPY 30-minute chart
- As USD/JPY created a 5-wave pattern, bulls might find support at 112.20.
- The next bullish target is seen at 112.60.
Additional key levels
USD/JPY
Overview:
Today Last Price: 112.36
Today Daily change: -86 pips
Today Daily change %: -0.760%
Today Daily Open: 113.22
Trends:
Previous Daily SMA20: 113.35
Previous Daily SMA50: 113.09
Previous Daily SMA100: 112.25
Previous Daily SMA200: 110.52
Levels:
Previous Daily High: 113.24
Previous Daily Low: 112.65
Previous Weekly High: 114.04
Previous Weekly Low: 112.88
Previous Monthly High: 114.25
Previous Monthly Low: 112.3
Previous Daily Fibonacci 38.2%: 113.02
Previous Daily Fibonacci 61.8%: 112.88
Previous Daily Pivot Point S1: 112.83
Previous Daily Pivot Point S2: 112.44
Previous Daily Pivot Point S3: 112.24
Previous Daily Pivot Point R1: 113.43
Previous Daily Pivot Point R2: 113.63
Previous Daily Pivot Point R3: 114.02
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended content
Editors’ Picks
EUR/USD falls back toward 1.1150 as US Dollar rebounds
EUR/USD is falling back toward 1.1150 in European trading on Friday, reversing early gains. Risk sentiment sours and lifts the haven demand for the US Dollar, fuelling a pullback in the pair. The focus now remains on the Fedspeak for fresh directives.
GBP/USD struggles near 1.3300 amid renewed US Dollar demand
GBP/USD is paring back gains to trade near 1.3300 in the European session. The data from the UK showed that Retail Sales rose at a stronger pace than expected in August, briefly supporting Pound Sterling but the US Dollar comeback checks the pair's upside. Fedspeak eyed.
Gold hits new highs on expectations of global cuts to interest rates
Gold (XAU/USD) breaks to a new record high near $2,610 on Friday on heightened expectations that global central banks will follow the Federal Reserve (Fed) in easing policy and slashing interest rates.
Pepe price forecast: Eyes for 30% rally
Pepe’s price broke and closed above the descending trendline on Thursday, eyeing for a rally. On-chain data hints at a bullish move as PEPE’s dormant wallets are active, and the long-to-short ratio is above one.
Bank of Japan set to keep rates on hold after July’s hike shocked markets
The Bank of Japan is expected to keep its short-term interest rate target between 0.15% and 0.25% on Friday, following the conclusion of its two-day monetary policy review. The decision is set to be announced during the early Asian session.
Moneta Markets review 2024: All you need to know
VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.