TipTVFinance

USD/JPY - Eyes daily 5-SMA

FX:USDJPY   U.S. Dollar/Japanese Yen
Pair's failure to take out 110.34 (23.6% of 125.856-105.549) followed by a failure to stay above daily 50-SMA of 110.13 has opened doors for a test of support at 109.63 and 109.38 (daily 5-SMA).

The pace of drop to daily 5-SMA could be quick if US weekly initial jobless claims show weakness in labor market. On the higher side, resistance at 110.34 needs to be breached if the pair has to continue its bullish move.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out