- USD/JPY is trapped in a tight 50-pip range since Monday.
- 108.55 seems to offer some short-term resistance.
USD/JPY daily chart
USD/JPY is trading in a bear leg below the main daily simple moving averages (DSMAs).
USD/JPY 4-hour chart
USD/JPY is consolidating above the 108.00 handle and the 50 SMA.
USD/JPY 30-minute chart
USD/JPY is trading in a range between 108.20 and 108.70. The market seems to have found decent resistance at 108.55. The next supports to the downside are seen at 108.40 and 108.20. A break above 108.55 can lead to 108.70.
|Today last price||108.48|
|Today Daily Change||-0.03|
|Today Daily Change %||-0.03|
|Today daily open||108.51|
|Previous Daily High||108.58|
|Previous Daily Low||108.22|
|Previous Weekly High||108.62|
|Previous Weekly Low||107.81|
|Previous Monthly High||111.71|
|Previous Monthly Low||108.23|
|Daily Fibonacci 38.2%||108.36|
|Daily Fibonacci 61.8%||108.44|
|Daily Pivot Point S1||108.29|
|Daily Pivot Point S2||108.07|
|Daily Pivot Point S3||107.92|
|Daily Pivot Point R1||108.66|
|Daily Pivot Point R2||108.81|
|Daily Pivot Point R3||109.03|
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