USD/JPY Technical Analysis: Greenback fairly stable near 109.50 against Japanese Yen

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 daily chart

  • USD/JPY is trading below the 200 SMA.

USD/JPY 30-minute chart

  • USD/JPY has been trading the all week in a tight range. 
  • USD/JPY bulls might be running out of steam and a break below 109.40 would likely lead to a drop to the 109.00 figure.

Additional key levels

USD/JPY

Overview:
    Today Last Price: 109.57
    Today Daily change: -4 pips
    Today Daily change %: -0.04%
    Today Daily Open: 109.61
Trends:
    Daily SMA20: 109.02
    Daily SMA50: 111.21
    Daily SMA100: 112
    Daily SMA200: 111.24
Levels:
    Previous Daily High: 109.8
    Previous Daily Low: 109.42
    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%: 109.66
    Daily Pivot Point S1: 109.42
    Daily Pivot Point S2: 109.23
    Daily Pivot Point S3: 109.04
    Daily Pivot Point R1: 109.8
    Daily Pivot Point R2: 109.99
    Daily Pivot Point R3: 110.18

 

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