US Dollar maintains bullish trend vs Japanese Yen, finds resistance at 105

2014.01.09 13:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.01.09

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 104.915 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 105.050 while the low of day reached to 104.733. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended modestly higher over the course of the day.

Daily Pivot Point: 104.841
— S1 – 104.566
— S2 – 104.300
— S3 – 104.025
— R1 – 105.107
— R2 – 105.382
— R3 – 105.648


Weekly Pivot Points: USDJPY

SC USDJPY 2014.01.09

Prices are currently trading above the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week just a touch above the weekly pivot and falling down to the S1 level before staging a bullish turnaround.

Weekly Pivot Point: 104.778
— S1 – 104.125
— S2 – 103.413
— S3 – 102.760
— R1 – 105.490
— R2 – 106.143
— R3 – 106.855


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