USD/JPY Technical Analysis: Greenback losing steam below 114.00 against the Japanese Yen as 113.55 level can be next
- USD/JPY is trading in a bull trend above the 200-period simple on the 4-hour chart.
- USD/JPY rejected the 114.00 level and is now consolidating the recent advances below the level.
- Technical indicators are also decelerating suggesting that a pullback down to 11.55 can be on the cards.
USD/JPY 4-hour chart
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Main trend: Bullish
Resistance 1: 114.00 figure
Resistance 2: 114.57 October high
Resistance 3: 115.00 figure
Support 1: 113.55 October 2 low
Support 2: 113.00 figure
Support 3: 112.55 September 27 low
Support 4: 112.00-112.17 zone, figure and August 1 swing high
Support 5: 111.00 figure
Support 6: 110.35 September Low
Support 7: 109.75 August low
Additional key levels at a glance:
USD/JPY
Overview:
Last Price: 113.78
Daily change: -1.0 pips
Daily change: -0.00879%
Daily Open: 113.79
Trends:
Daily SMA20: 112.78
Daily SMA50: 112.58
Daily SMA100: 111.87
Daily SMA200: 110.04
Levels:
Daily High: 114.1
Daily Low: 113.64
Weekly High: 114.1
Weekly Low: 112.94
Monthly High: 114.56
Monthly Low: 111.38
Daily Fibonacci 38.2%: 113.82
Daily Fibonacci 61.8%: 113.92
Daily Pivot Point S1: 113.59
Daily Pivot Point S2: 113.38
Daily Pivot Point S3: 113.13
Daily Pivot Point R1: 114.05
Daily Pivot Point R2: 114.3
Daily Pivot Point R3: 114.51