USDJPY Technical Levels

[AngieB]

USD/JPY dropped heavily after had the impressive high at 113.14 to a low at 112.81. Currently the pair is trading few pips below the 113.00 handle, but I think the short-term remains bullish as long as holds above 112.65.

 

[AngieB]

USD/JPY pushed above the 113.00 handle and the short trem outlook looks neutral to bullish. On the four hour time frame the price is developing above all its flat moving averages. RSI is slowly moving to north with current level 55. Stochastic is showing strong upward momentum above its mid-line. Next bullish target is seen at 113.40 (31st October’s high).

 

[AngieB]

USD/JPY closed the week at 113.18. For the upcoming week support sits at the 113.00 level, which is broken will bring next target at 112.50. In case of storng bearish sentiment the focus witjj turn to 112.00 and then lower towards 111.50. The upside offers first resistance at the 113.50 level. Above this one the attention will be turned to 114.00, and then we may expect a possible move towards the 114.50.

 

[fxstrategist]

The USDJPY consolidates just above the 113.00 level at the 113.21 from where it may head in any direction. To the upside, the 114.00 level may act as resistance. Below the 113.00 level, the 55 day EMA at the 112.39 level may act as support.

 

[AngieB]

USD/JPY is extending its sideways movement today and is hovering around 113.00 level. The upcoming day will bring sure direction for the pair, having ahead the critical midterm elections in the USA.

 

[AngieB]

USD/JPY is showing neutral to negative short term picture today. The pair bounced from the daily low at 112.94 and curretnly is trading around 113.40 level. On the four hour time frame the price is developing above its bullish, but slow moving averages. Technical indicators are located within negative areas with the Momentum heading lower. A break below 112.60 will turn into bearish mode and on the other hand above 113.40, the upside will look more constructive.

 

[AngieB]

The USD/JPY pair is on run,performing excellent today. The pair is nearing a 4-week high and currently is trading few pips below 114.00 handle. On the four hour time frame the price is showing strong bullish stance, having the development above its bullish moving averages. Technical indicators are standing well above their midlines and are showing good upward strength. The scale is leaned to the upside, with gains beyond 113.85 opening doors for an extension toward 114.54, October monthly high.

 

[izzy_63]

Usd/Jpy risk remains on the upside, next immediate resistance can be seen as last month high at 114.54, the pair is in the position of retesting the level.

 

[AngieB]

USD/JPY dropped to 113.70 as Wall Street suffered heavy losses and despite the broad-based greenback’s strength, the pair lost its traction in the second half of the day and fell below the 144.00 handle. Seems like the safe-haven flows helped the Japanese Yen finding some emand ahead of the weekend.

 

[AngieB]

USD/JPY closed with bearish tone at 113.80. The price remains above its bullish moving averages but stochasrich is showing strong bearish momentum and RSI has lost directional strength around its mid line. First support zone is located at 113.60 and next one is 113.45. The upside offers resistance at 114.08 and higher at 114.30.