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USD/JPY Technical Analysis: Challenging 114.00 in fresh Dollar-up plays

  • The Dollar-Yen pairing's early Monday action has the pair setting up for a rejection from the 114.00 handle unless Greenback buyers can find the momentum to mount and hold the critical technical handle.

USD/JPY M5

  • The past week has seen the USD/JPY maintain a bullish lean, with frequent bounces into the 200-period moving average, keeping the pair close to major averages.

USD/JPY M30

  • Hourly candles see the Dollar beginning to run away with the game against the Japanese Yen, pulling away from the key 200-hour moving average which currently sits near 113.30, and the 50-hour moving average at 113.80 is providing near-term support for a move higher.

USD/JPY H1

USD/JPY

Overview:
    Last Price: 113.98
    Daily change: 19 pips
    Daily change: 0.167%
    Daily Open: 113.79
Trends:
    Daily SMA20: 112.78
    Daily SMA50: 112.58
    Daily SMA100: 111.87
    Daily SMA200: 110.04
Levels:
    Daily High: 114.1
    Daily Low: 113.64
    Weekly High: 114.1
    Weekly Low: 112.94
    Monthly High: 114.56
    Monthly Low: 111.38
    Daily Fibonacci 38.2%: 113.82
    Daily Fibonacci 61.8%: 113.92
    Daily Pivot Point S1: 113.59
    Daily Pivot Point S2: 113.38
    Daily Pivot Point S3: 113.13
    Daily Pivot Point R1: 114.05
    Daily Pivot Point R2: 114.3
    Daily Pivot Point R3: 114.51

 

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