Technicals

Add as a preferred source on Google

FxWirePro: USD/JPY back above 106 mark, intraday bias remains neutral

USD/JPY is currently trading around 106.15 marks. It made intraday high at 106.27 and low at 105.93 levels. Intraday bias remains neutral for the moment. A daily close above 107.38 is required to take the parity higher t…

1 min read
FxWirePro: USD/JPY back above 106 mark, intraday bias remains neutral
Image from the original EconoTimes article

Read the original article

  • USD/JPY is currently trading around 106.15 marks.
     
  • It made intraday high at 106.27 and low at 105.93 levels.
     
  • Intraday bias remains neutral for the moment.  
     
  • A daily close above 107.38 is required to take the parity higher towards key resistances around 107.90, 110.44, 112.60 (55D EMA) and 113.42 levels respectively.
     
  • On the other side, a sustained close below 106.00 will drag the parity down towards key supports at 105.62, 105.19 (October 15, 2014 low) and 104.55 levels respectively.

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