USD/JPY Technical Analysis: Greenback is challenging the 109.60 level

USD/JPY daily chart

  • USD/JPY is having a deep pullback below the 50, 100 and 200-period simple moving averages (SMAs).

USD/JPY 4-hour chart

  • USD/JPY is trading above the 50 and 100 SMA as bulls are challenging the 109.60 level.

USD/JPY 30-minute chart

  • As long as 109.80 caps prices USD/JPY is exposed to retrace to the 109.40 level and the 109.00 level.
  • Martin Luther King Day, will likely see limited movements in the forex market. 

Additional key levels 

USD/JPY

Overview:
    Today Last Price: 109.65
    Today Daily change: -0.10 pips
    Today Daily change %: -0.09%
    Today Daily Open: 109.75
Trends:
    Daily SMA20: 109.25
    Daily SMA50: 111.54
    Daily SMA100: 112.06
    Daily SMA200: 111.19
Levels:
    Previous Daily High: 109.9
    Previous Daily Low: 109.06
    Previous Weekly High: 109.9
    Previous Weekly Low: 107.99
    Previous Monthly High: 113.83
    Previous Monthly Low: 109.55
    Daily Fibonacci 38.2%: 109.57
    Daily Fibonacci 61.8%: 109.38
    Daily Pivot Point S1: 109.24
    Daily Pivot Point S2: 108.73
    Daily Pivot Point S3: 108.4
    Daily Pivot Point R1: 110.08
    Daily Pivot Point R2: 110.41
    Daily Pivot Point R3: 110.92

 

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