USD/JPY Technical Analysis: The 113.00 figure is still on the bears radar
- USD/JPY is trading in a bull trend above the 200-period simple on the 4-hour chart.
- USD/JPY tried to break above 113.50 but was not able to close above the level. The MACD is decelerating suggesting that the trend is weakening.
- Targets to the downside are likely located near 113.00 level and 112.55 September 27 low.
USD/JPY 4-hour chart
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Main trend: Bullish
Resistance 1: 113.55 October 2 low
Resistance 2: 114.00 figure
Resistance 3: 114.57 October high
Support 1: 113.00 figure
Support 2: 112.55 September 27 low
Support 3: 112.00-112.17 zone, figure and August 1 swing high
Support 4: 111.00 figure
Support 5: 110.35 September Low
Support 6: 109.75 August low
Additional key levels at a glance:
USD/JPY
Overview:
Last Price: 113.31
Daily change: -15 pips
Daily change: -0.132%
Daily Open: 113.46
Trends:
Daily SMA20: 112.55
Daily SMA50: 112.43
Daily SMA100: 111.76
Daily SMA200: 109.97
Levels:
Daily High: 113.51
Daily Low: 113.1
Weekly High: 113.4
Weekly Low: 111.78
Monthly High: 114.56
Monthly Low: 111.38
Daily Fibonacci 38.2%: 113.35
Daily Fibonacci 61.8%: 113.25
Daily Pivot Point S1: 113.2
Daily Pivot Point S2: 112.94
Daily Pivot Point S3: 112.79
Daily Pivot Point R1: 113.62
Daily Pivot Point R2: 113.77
Daily Pivot Point R3: 114.03