• USD/JPY holds on to modest intraday gains this Monday.
  • The levels to beat for bulls is the 170.25 resistance, according to the Technical Confluences Indicator.

USD/JPY daily chart

USD/JPY is trading in a bear trend below the main daily simple moving averages (DSMAs). The market is testing the 107.00 figure and the 50 SMA on the daily time-frame. 

USD/JPY 4-hour chart

USD/JPY is trading above the main SMAs, suggesting bullish momentum in the medium term. Bulls’s objective is to break beyond 107.25 resistance on a daily closing basis. Further up resistances are seen at 107.53 and 108.20 price levels, according to the Technical Confluences Indicator

USD/JPY 30-minute chart

Dollar/Yen is trading above its main SMAs, suggesting bullish momentum in the near term. Support is seen at 106.62. However, a daily close below that level would be seen as negative for USD/JPY. Further down lies 106.40 support, according to the Technical Confluences Indicator. 

Additional key levels


Today last price 107.05
Today Daily Change 0.13
Today Daily Change % 0.12
Today daily open 106.92
Daily SMA20 106.25
Daily SMA50 107.18
Daily SMA100 108.32
Daily SMA200 109.56
Previous Daily High 107.1
Previous Daily Low 106.62
Previous Weekly High 107.23
Previous Weekly Low 105.74
Previous Monthly High 109.32
Previous Monthly Low 104.45
Daily Fibonacci 38.2% 106.81
Daily Fibonacci 61.8% 106.92
Daily Pivot Point S1 106.66
Daily Pivot Point S2 106.4
Daily Pivot Point S3 106.17
Daily Pivot Point R1 107.14
Daily Pivot Point R2 107.37
Daily Pivot Point R3 107.63



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