USD/JPY Technical Analysis: Greenback boosted - Hits 114.00 figure post-FOMC
- USD/JPY is trading in a bull trend above the 200-period simple on the 4-hour chart
- USD/JPY hit the 114.00 figure following the FOMC statement. Technical indicators are in positive territories suggesting continued bullish momentum in the coming sessions on a break above the level.
- The next targets to the upside are likely seen near 114.57 (October high) and 115.00 figure.
USD/JPY 4-hour chart
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Main trend: Bullish
Resistance 1: 114.00 figure
Resistance 2: 114.57 October high
Resistance 3: 115.00 figure
Support 1: 113.55 October 2 low
Support 2: 113.00 figure
Support 3: 112.55 September 27 low
Support 4: 112.00-112.17 zone, figure and August 1 swing high
Support 5: 111.00 figure
Support 6: 110.35 September Low
Support 7: 109.75 August low
Additional key levels at a glance:
USD/JPY
Overview:
Last Price: 113.99
Daily change: 47 pips
Daily change: 0.414%
Daily Open: 113.52
Trends:
Daily SMA20: 112.61
Daily SMA50: 112.47
Daily SMA100: 111.79
Daily SMA200: 109.99
Levels:
Daily High: 113.83
Daily Low: 112.94
Weekly High: 113.4
Weekly Low: 111.78
Monthly High: 114.56
Monthly Low: 111.38
Daily Fibonacci 38.2%: 113.49
Daily Fibonacci 61.8%: 113.28
Daily Pivot Point S1: 113.04
Daily Pivot Point S2: 112.55
Daily Pivot Point S3: 112.15
Daily Pivot Point R1: 113.92
Daily Pivot Point R2: 114.32
Daily Pivot Point R3: 114.81