USD/JPY Technical Analysis: Greenback sliding below 111.00 ahead of Fed’s Powell

USD/JPY daily chart

  • USD/JPY is trading just below the 200-day simple moving average (SMA). US Federal Reserve Chairman, Jerome Powell will be testifying at 14.45 GMT.
  • US Federal Reserve Chairman, Jerome Powell will be testifying at 14.45 GMT. 

USD/JPY 4-hour chart

  • USD/JPY is trading above its main SMAs suggesting bullish momentum in the medium-term.

USD/JPY 30-minute chart

  • USD/JPY is trading below its main SMAs suggesting bearish momentum in the short-term. 
  • Bears will try to reach 110.51 and 109.30 to the downside. 
  • Resistance is at 111.00 and 111.23 level.

 

Additional key levels 

USD/JPY

Overview:
    Today Last Price: 110.75
    Today Daily change: 28 pips
    Today Daily change %: -0.25%
    Today Daily Open: 111.03
Trends:
    Daily SMA20: 110.17
    Daily SMA50: 109.87
    Daily SMA100: 111.43
    Daily SMA200: 111.31
Levels:
    Previous Daily High: 111.24
    Previous Daily Low: 110.58
    Previous Weekly High: 110.96
    Previous Weekly Low: 110.42
    Previous Monthly High: 110
    Previous Monthly Low: 104.75
    Daily Fibonacci 38.2%: 110.99
    Daily Fibonacci 61.8%: 110.83
    Daily Pivot Point S1: 110.66
    Daily Pivot Point S2: 110.29
    Daily Pivot Point S3: 110.01
    Daily Pivot Point R1: 111.32
    Daily Pivot Point R2: 111.61
    Daily Pivot Point R3: 111.98

 

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