USDJPY Forex Trading Pivot Point Levels for 2014.05.08

2014.05.08 12:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.05.08

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 101.774 price level and virtually on top of the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 101.948 while the low of day has reached to 101.696. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower so far today.

Daily Pivot Point: 101.768
— S1 – 101.543
— S2 – 101.197
— S3 – 100.972
— R1 – 102.114
— R2 – 102.339
— R3 – 102.685


Weekly Pivot Points: USDJPY

SC USDJPY 2014.05.08

Prices are currently trading under the weekly pivot point and right around the S1 support level at time of writing. The USDJPY has been on an overall bearish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 102.399
— S1 – 101.793
— S2 – 101.414
— S3 – 100.808
— R1 – 102.778
— R2 – 103.384
— R3 – 103.763


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