USDJPY Technical Levels

USD/JPY is struggling around 112.50 and downside is favored. With US macro data and BoJ this week the pair will get fresh directional impetus.
 
USD/JPY is showing limited, but persistant upward potential. The pair is aiming the resistance at 113.35 now and in case of breaking it, doos are opened for testing 113.75.
 
The USDJPY stays above the 113.00 level and it may try to reach the 114.00 level. To the downside, the 200 day EMA at the 111.92 level may act as support.
 
USD/JPY is flat and the short term outlook remains neutral to bearish. Indicators on the H4 chart has lost directional strength, although the price is moving above its 100-day and 200-day SMAs, but both meanwhile are limiting the risk of a bearish development.
 
USD/JPY is trading lower in the final session of the year hovering around mid 112s. I think the pair will revisit the 112.40 level.
 
The pair is consolidating in the negative territory, further downside extension can be expected if usd/jpy breaks below 112.45.
 
USD/JPY jupmed to 112.50 after the upbeat US macro data, but retreated to currently trade at 112.30. All eyes on FOMC minutes, that might boost the pair.
 
The pair is not showing a very clear directional strength, immediate resistance can be found around 113.310/15, follow by 113.65, break above would open door to 114 level.
 
Back
Top