USD/JPY Technical Analysis: Seeing fresh bidding, climbing over key Fibo level
- USD/JPY is pinning into Friday highs in early trading, clipping 108.40 as the Greenback recovers against the safe haven Yen.
USD/JPY, 5-Minute
- Despite Friday's continued recovery from Thursday's risk-off plunge, the Dollar-Yen pairing remains firmly bearish in the near-term, holding below key levels with declining resistance from the 200-period moving average near 109.20.
USD/JPY, 30-Minute
- In the medium-term, USD/JPY has lifted past the 38.2% Fibo level, and now sits ready for a run into the 61.8% Fibo level at 110.26, a confluence level with the pair's last swing low.
USD/JPY, 4-Hour
USD/JPY
Overview:
Today Last Price: 108.39
Today Daily change: 87 pips
Today Daily change %: 0.809%
Today Daily Open: 107.52
Trends:
Previous Daily SMA20: 111.45
Previous Daily SMA50: 112.5
Previous Daily SMA100: 112.3
Previous Daily SMA200: 111.09
Levels:
Previous Daily High: 109.12
Previous Daily Low: 104.75
Previous Weekly High: 111.41
Previous Weekly Low: 110
Previous Monthly High: 113.83
Previous Monthly Low: 109.55
Previous Daily Fibonacci 38.2%: 106.42
Previous Daily Fibonacci 61.8%: 107.45
Previous Daily Pivot Point S1: 105.14
Previous Daily Pivot Point S2: 102.75
Previous Daily Pivot Point S3: 100.76
Previous Daily Pivot Point R1: 109.52
Previous Daily Pivot Point R2: 111.51
Previous Daily Pivot Point R3: 113.89