6 Feb 2014
USD/JPY extends advance above 102.00
FXStreet (San Francisco) - The USD/JPY is joining the risk appetite environment on Thursday and after rising around 30 pips in the last hour from 101.90, the pair is extending its advance above 102.00.
The Dollar reached a fresh daily high at 102.16 against the Japanese Yen; now the pair is attempting to consolidate gains above the 200-hour MA at 102.05.
USD/JPY sentiment
The USD/JPY is currently trading at 102.05, 0.65% positive in the day. The pair is slightly bullish according to the FXSTreet trend index in the a5-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
Resistances are around 102.20, 102.40 and 102.70. On the downside, supports are at 101.60, 101.30 and 100.75.
The Dollar reached a fresh daily high at 102.16 against the Japanese Yen; now the pair is attempting to consolidate gains above the 200-hour MA at 102.05.
USD/JPY sentiment
The USD/JPY is currently trading at 102.05, 0.65% positive in the day. The pair is slightly bullish according to the FXSTreet trend index in the a5-minute chart. MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
Resistances are around 102.20, 102.40 and 102.70. On the downside, supports are at 101.60, 101.30 and 100.75.