USD/JPY Technical Analysis: Make-or-Break situation as the Greenback trades in a 40 pip range against JPY

USD/JPY daily chart

  • USD/JPY is trading in a deep pullback below the 50, 100 and 200-day simple moving averages (SMAs).

USD/JPY 4-hour chart

  • USD/JPY is trading below its 200 SMA but above a rising 50 SMA and a flat 100 SMA. 

USD/JPY 30-minute chart

  • USD/JPY is trading in a sideways trend as the SMAs are coiled together. 
  • It is a make-or-break situation where bulls would need a break above 109.80 resistance and bears a break below the 109.40 support. 
  • A break below 109.40 could lead to a move down to the 109.00 figure. 

Additional key levels

USD/JPY

Overview:
    Today Last Price: 109.58
    Today Daily change: -3 pips
    Today Daily change %: -0.03%
    Today Daily Open: 109.61
Trends:
    Daily SMA20: 109.09
    Daily SMA50: 111.29
    Daily SMA100: 112.01
    Daily SMA200: 111.23
Levels:
    Previous Daily High: 110
    Previous Daily Low: 109.32
    Previous Weekly High: 109.9
    Previous Weekly Low: 107.99
    Previous Monthly High: 113.83
    Previous Monthly Low: 109.55
    Daily Fibonacci 38.2%: 109.74
    Daily Fibonacci 61.8%: 109.58
    Daily Pivot Point S1: 109.29
    Daily Pivot Point S2: 108.97
    Daily Pivot Point S3: 108.61
    Daily Pivot Point R1: 109.97
    Daily Pivot Point R2: 110.33
    Daily Pivot Point R3: 110.65

 

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