USD/JPY Technical Analysis: The Dollar's declines seeing bullish challenges


  • The USD/JPY is trading cautiously near 112.75 in early Friday action after bouncing from the early day's bottom near 112.56, and the Dollar-Yen pairing is clipping back up today after dropping away from the 113.00 handle in the last twenty-four hours.

USD/JPY, M5

  • The Dollar-Yen pairing is beginning to float back into the 200-hour moving average near 112.52, and today's action is seeing constraint from the 50-hour moving average at 112.80.

USD/JPY, H1

  • This past week has seen the USD/JPY break out of recent consolidation, but the pair is drifting back into the top end of its previous zone, and a continued slide in the USD will see falling back into recent trappings.

USD/JPY, H4

USD/JPY

Overview:
    Last Price: 112.74
    Daily change: 3.0 pips
    Daily change: 0.0266%
    Daily Open: 112.71
Trends:
    Daily SMA20: 112.55
    Daily SMA50: 112.3
    Daily SMA100: 111.67
    Daily SMA200: 109.91
Levels:
    Daily High: 113.06
    Daily Low: 112.6
    Weekly High: 112.9
    Weekly Low: 111.38
    Monthly High: 114.56
    Monthly Low: 111.38
    Daily Fibonacci 38.2%: 112.77
    Daily Fibonacci 61.8%: 112.88
    Daily Pivot Point S1: 112.52
    Daily Pivot Point S2: 112.32
    Daily Pivot Point S3: 112.05
    Daily Pivot Point R1: 112.98
    Daily Pivot Point R2: 113.26
    Daily Pivot Point R3: 113.45

 

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