USD/JPY Technical Analysis: Greenback drops below 111.00 post-US data

USD/JPY 30-minute chart

  • USD/JPY dropped below the 111.00 figure and the 50 SMA. It is now testing the 100 SMA.  
  • The Retail Sales ex Autos (MoM) for December disappointed with -1.8% versus 0.1% expected by analysts.
  • The next supports are seen at 110.60 and 110.30. To the upside, resistance is seen at 111.00 and 111.20.

Additional key levels 

USD/JPY

Overview:
    Today Last Price: 111.02
    Today Daily change: 2 pips
    Today Daily change %: 0.02%
    Today Daily Open: 111
Trends:
    Daily SMA20: 109.71
    Daily SMA50: 110.26
    Daily SMA100: 111.67
    Daily SMA200: 111.29
Levels:
    Previous Daily High: 111.02
    Previous Daily Low: 110.41
    Previous Weekly High: 110.16
    Previous Weekly Low: 109.43
    Previous Monthly High: 110
    Previous Monthly Low: 104.75
    Daily Fibonacci 38.2%: 110.79
    Daily Fibonacci 61.8%: 110.64
    Daily Pivot Point S1: 110.6
    Daily Pivot Point S2: 110.2
    Daily Pivot Point S3: 110
    Daily Pivot Point R1: 111.21
    Daily Pivot Point R2: 111.42
    Daily Pivot Point R3: 111.81

 

Canada: Manufacturing sales decline 1.3% in December vs +0.2% expected

"Manufacturing sales declined for the third consecutive month, down 1.3% to $56.4 billion in December on lower sales of petroleum and coal products,"
Devamını oku Previous

China looking to increase chip purchases to resolve the trade dispute - WSJ

Citing officials familiar with the matter, The Wall Street Journal's Lingling Wei said that China is planning to boost purchases of U.S. semiconductor
Devamını oku Next