USD/JPY Technical Analysis: Greenback in a tight range awaiting directional move

Flavio Tosti Independent Analyst

USD/JPY daily chart

USD/JPY is trading in a deep pullback below the 200-day simple moving averages (SMAs) on the daily chart.

USD/JPY 4-hour chart

USD/JPY is trading above its main SMAs suggesting bullish momentum.

USD/JPY 30-minute chart

USD/JPY is trading in a tight range just above the 100 SMA.
Bulls will need to break above 110.15 resistance while bears need a break below 109.80 support.

Additional key levels

USD/JPY

Overview:
    Today Last Price: 109.86
Today Daily Open: 109.94
Trends:
    Daily SMA20: 109.13
    Daily SMA50: 110.71
    Daily SMA100: 111.84
    Daily SMA200: 111.26
Levels:
    Previous Daily High: 110.16
    Previous Daily Low: 109.43
    Previous Weekly High: 109.74
    Previous Weekly Low: 108.5
    Previous Monthly High: 110
    Previous Monthly Low: 104.75
    Daily Fibonacci 38.2%: 109.88
    Daily Fibonacci 61.8%: 109.71
    Daily Pivot Point S1: 109.52
    Daily Pivot Point S2: 109.11
    Daily Pivot Point S3: 108.79
    Daily Pivot Point R1: 110.26
    Daily Pivot Point R2: 110.58
    Daily Pivot Point R3: 110.99

Author

Flavio Tosti

Independent Analyst

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