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15 May 2014
USD/JPY - farewell to 102.00 area
FXStreet (Moscow) - USD/JPY is trading at 101.85, down -0.03% on the day, having posted a daily high at 102.13 and low at 101.66.
The pair is back to the roots
After initial attempt to nest above 102.00 on broad USD demand the pair retreated back to 101.80 area, although the other pairs still show the buck strength. USD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. RSI is in neutral territory at 45.36, down from it’s last hourly close at 48.25, while ADX is ranging above 30 at 20.28, up from 18.83 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 45.03. The 200 SMA is currently at 102.04, up from 101.91 at the last period close, and climbing on the hourly USD/JPY chart. Moving with a rangebound trend, the exponential average closing price is 102.14.
What are today’s key USD/JPY levels?
Today's central pivot point can be found at 101.97, with support below at 101.64, 101.39 and 101.06 with resistance above at 102.22, 102.55, and 102.80. Hourly Moving Averages are mixed, with the 200SMA at 101.92 and the daily 20EMA at 102.14. Hourly RSI is bearish at 44.
The pair is back to the roots
After initial attempt to nest above 102.00 on broad USD demand the pair retreated back to 101.80 area, although the other pairs still show the buck strength. USD/JPY spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish. RSI is in neutral territory at 45.36, down from it’s last hourly close at 48.25, while ADX is ranging above 30 at 20.28, up from 18.83 at the last hourly close. Looking to a daily chart, we see that RSI is neutral at 45.03. The 200 SMA is currently at 102.04, up from 101.91 at the last period close, and climbing on the hourly USD/JPY chart. Moving with a rangebound trend, the exponential average closing price is 102.14.
What are today’s key USD/JPY levels?
Today's central pivot point can be found at 101.97, with support below at 101.64, 101.39 and 101.06 with resistance above at 102.22, 102.55, and 102.80. Hourly Moving Averages are mixed, with the 200SMA at 101.92 and the daily 20EMA at 102.14. Hourly RSI is bearish at 44.