25 Jun 2014
USD/JPY keeps familiar levels
FXStreet (Bali) - USD/JPY is trading at 101.90, down -0.07% on the day, having posted a daily high at 102.00 and low at 101.86.
How strong has the move been?
USD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish. RSI is in neutral territory at 49.33, up from it’s last hourly close at 45.69, while ADX is ranging above 30 at 21.08, down from 30.84 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 48.33. The 200 SMA is currently at 101.93, down from 101.96 at the last period close, and declining on the hourly USD/JPY chart.
What price levels and patterns have to be considered?
With spot trading at 101.90, we can see next resistance ahead at 101.92 (Weekly Low), 101.94 (Hourly 100 SMA), 101.94 (Hourly 20 EMA),101.96 (Hourly 200 SMA) and 101.97 (Daily Open).Support below can be found at 101.86 (Daily Low), 101.82 (Yesterday's Low), 101.80 (Daily Classic S1), 101.73 (Weekly Classic S1) and 101.70(Monthly Low).
How strong has the move been?
USD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish. RSI is in neutral territory at 49.33, up from it’s last hourly close at 45.69, while ADX is ranging above 30 at 21.08, down from 30.84 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 48.33. The 200 SMA is currently at 101.93, down from 101.96 at the last period close, and declining on the hourly USD/JPY chart.
What price levels and patterns have to be considered?
With spot trading at 101.90, we can see next resistance ahead at 101.92 (Weekly Low), 101.94 (Hourly 100 SMA), 101.94 (Hourly 20 EMA),101.96 (Hourly 200 SMA) and 101.97 (Daily Open).Support below can be found at 101.86 (Daily Low), 101.82 (Yesterday's Low), 101.80 (Daily Classic S1), 101.73 (Weekly Classic S1) and 101.70(Monthly Low).