USD/JPY Technical Analysis: Greenback bears reverse daily gains

USD/JPY daily chart 

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

USD/JPY 4-hour chart

  • USD/JPY is trading below its 200 SMA.

USD/JPY 30-minute chart

  • USD/JPY is challenging the 109.40 support and the main SMAs. 
  • If bulls lose the 109.40 support then a drop to 109.00 can be on the cards. 

Additional key levels

USD/JPY

Overview:
    Today Last Price: 109.47
    Today Daily change: 6 pips
    Today Daily change %: 0.05%
    Today Daily Open: 109.41
Trends:
    Daily SMA20: 109.17
    Daily SMA50: 111.37
    Daily SMA100: 112.03
    Daily SMA200: 111.21
Levels:
    Previous Daily High: 109.7
    Previous Daily Low: 109.14
    Previous Weekly High: 109.9
    Previous Weekly Low: 107.99
    Previous Monthly High: 113.83
    Previous Monthly Low: 109.55
    Daily Fibonacci 38.2%: 109.36
    Daily Fibonacci 61.8%: 109.49
    Daily Pivot Point S1: 109.14
    Daily Pivot Point S2: 108.86
    Daily Pivot Point S3: 108.57
    Daily Pivot Point R1: 109.7
    Daily Pivot Point R2: 109.98
    Daily Pivot Point R3: 110.26

 

EUR/USD rebounds toward 1.14 amid broad-based USD weakness

After spending the majority of the day moving sideways in a tight range above the 1.3150 mark, the EUR/USD pair gained traction in the last couple of
Mehr darüber lesen Previous

Canada: Poor retail sales numbers - NBF

Data released hours ago showed that Canadian retail sales declined 0.9% in November. The drop was larger-than-expected, and the report included negati
Mehr darüber lesen Next