Risk sentiment stalls USD/JPY upside breakthrough

  • Regular
  • FX Market
  • 10 months ago
  • 146

USD/JPY did not take advantage to push the upside past 113.50 yet again, holding firm at 6-day tops while the bulls turn cautious as European equities and Treasury yields turn negative.

The weakness in the Treasury yields is holding the greenback down while most markets await the announcements of the ECB’s policies today which will make the yen seem more like a safe haven.


USD/JPY technical levels

    Today Last Price: 113.44
    Today Daily change: 25 pips
    Today Daily change %: 0.221%
    Today Daily Open: 113.19

    Previous Daily SMA20: 113.17
    Previous Daily SMA50: 113.01
    Previous Daily SMA100: 112.33
    Previous Daily SMA200: 110.69

    Previous Daily High: 113.52
    Previous Daily Low: 113.14

    Previous Weekly High: 113.83
    Previous Weekly Low: 112.23

    Previous Monthly High: 114.25
    Previous Monthly Low: 112.3

    Previous Daily Fibonacci 38.2%: 113.28
    Previous Daily Fibonacci 61.8%: 113.37

    Previous Daily Pivot Point S1: 113.04
    Previous Daily Pivot Point S2: 112.9
    Previous Daily Pivot Point S3: 112.66
    Previous Daily Pivot Point R1: 113.43



Source: Smart Trend Team