USD/JPY technical analysis: Greenback is staging a come back above the 109.00 figure price level


USD/JPY daily chart

USD/JPY has been trading in a bear leg below its main simple moving averages (SMAs).
USD/JPY has been consolidating above the 109.00 figure in the last two days.


USD/JPY 4-hour chart


USD/JPY is stabilizing above the 109.00 figure. 


USD/JPY 30-minute chart

Bulls will have to overcome 109.80 and the 110.06 resistance in order to move up towards 110.30 and 110.60 level.
Support is at 109.50/30 and the 109.00 round number. A break below 109.00 on a daily closing basis would invalidate the bullish scenario.


Additional key levels

USD/JPY

Overview
Today last price 109.59
Today Daily Change -0.03
Today Daily Change % -0.03
Today daily open 109.62
 
Trends
Daily SMA20 111.1
Daily SMA50 111.18
Daily SMA100 110.53
Daily SMA200 111.45
Levels
Previous Daily High 109.77
Previous Daily Low 109.14
Previous Weekly High 110.96
Previous Weekly Low 109.46
Previous Monthly High 112.4
Previous Monthly Low 110.8
Daily Fibonacci 38.2% 109.53
Daily Fibonacci 61.8% 109.38
Daily Pivot Point S1 109.25
Daily Pivot Point S2 108.88
Daily Pivot Point S3 108.62
Daily Pivot Point R1 109.88
Daily Pivot Point R2 110.14
Daily Pivot Point R3 110.51

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD surges above 1.1100 as Trump announces steps against China

EUR/USD is trading above 1.1100, up on the day. President Trump said he orders companies to search Chinese imports for drugs. Earlier he criticized Powell's lack of action. 

EUR/USD News

GBP/USD jumps above 1.2250 on USD weakness

GBP/USD is trading close to the monthly highs above 1.2250 as the US dollar falls following Powell's hint of cutting rates and Trump's angry response. 

GBP/USD News

USD/JPY plummets to ten-day lows below 106 as Trump goes berserk on Twitter

The USD/JPY came under strong selling pressure in the last hour and erased nearly 100 pips as US President Donald Trump's latest rant on Twitter forced investors to seek refuge and ramped up the demand for safe-haven JPY. 

USD/JPY News

Gold gains more than $30, eyes 2019 highs on Trump’s tweet

Gold continues to rise sharply amid concerns about the impact of the escalation in the US-China trade war. The demand for safe-haven assets emerged over the last hours, leading to a rally in the yellow metal. 

Gold News

Powell powerless against Trump's trade wars – US braces for recession, USD set to move

"The most powerful central banker in the world" – is how we and others characterize Fed Chair Jerome Powell. While that may be true – monetary policy is reaching its limits – especially in the face of a trade war.

Read more

MAJORS

Cryptocurrencies

Signatures


  •  
  •  
  •  
  •  
  •