USD/JPY Technical Analysis: Greenback reaches 114.00 figure ahead of Fed's Powell speech
USD/JPY daily chart
- USD/JPY is trading in a bull trend above the main simple moving averages (SMAs).
- USD/JPY is now very close to the October and November highs.
- Fed’s Powell is delivering a speech at 17.00 GMT which can cause volatility in the forex market.
USD/JPY 4-hour chart
- USD/JPY bulls next objective is to reclaim the 114.22 resistance (October high).
USD/JPY 30-minute chart
- USD/JPY is up for the fourth consecutive day.
- USD/JPY bulls should reach 114.22 as all indicates that further bullishness is on the cards.
Additional key levels
USD/JPY
Overview:
Today Last Price: 113.94
Today Daily change: 16 pips
Today Daily change %: 0.141%
Today Daily Open: 113.78
Trends:
Previous Daily SMA20: 113.29
Previous Daily SMA50: 113
Previous Daily SMA100: 112.2
Previous Daily SMA200: 110.33
Levels:
Previous Daily High: 113.84
Previous Daily Low: 113.41
Previous Weekly High: 113.24
Previous Weekly Low: 112.3
Previous Monthly High: 114.56
Previous Monthly Low: 111.38
Previous Daily Fibonacci 38.2%: 113.68
Previous Daily Fibonacci 61.8%: 113.58
Previous Daily Pivot Point S1: 113.51
Previous Daily Pivot Point S2: 113.24
Previous Daily Pivot Point S3: 113.08
Previous Daily Pivot Point R1: 113.94
Previous Daily Pivot Point R2: 114.11
Previous Daily Pivot Point R3: 114.38