Technicals

Add as a preferred source on Google

FxWirePro: Japanese Yen erases previous gain against US dollar, intraday bias remains neutral

USD/JPY is currently trading around 110.48 marks. It made intraday high at 110.56 and low at 110.23 levels. Intraday bias remains neutral for the moment. Pair slips below 110.00 marks for the first time since October 201…

1 min read
FxWirePro: Japanese Yen erases previous gain against US dollar, intraday bias remains neutral
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 110.48 marks.
     
  • It made intraday high at 110.56 and low at 110.23 levels.
     
  • Intraday bias remains neutral for the moment. 
     
  • Pair slips below 110.00 marks for the first time since October 2014 on the back of global uncertainties and increased demand as safe-haven asset.
     
  • A daily close below 109.94 will take the parity down towards 109.62, 108.36 and 107.43 levels.
     
  • On the top side, key resistance levels are seen at 111.23, 112.60, 113.43, 113.98 and 114.28 marks.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560