Forex Trading: USDJPY trading around pivot area, topped out below 105

2014.01.23 13:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.01.23

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 104.294 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 104.834 while the low of day has reached to 104.199. The pair earlier today opened the Asian trading session higher than the daily pivot and has trended lower over the course of the day with action being found at the main pivot currently.

Daily Pivot Point: 104.345
— S1 – 104.122
— S2 – 103.740
— S3 – 103.517
— R1 – 104.727
— R2 – 104.950
— R3 – 105.332


Weekly Pivot Points: USDJPY

SC USDJPY 2014.01.23

Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has been on a modest bullish trend this week after opening the trading week slightly above the weekly pivot.

Weekly Pivot Point: 104.015
— S1 – 103.116
— S2 – 101.948
— S3 – 101.049
— R1 – 105.183
— R2 – 106.082
— R3 – 107.250


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