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USD/JPY
Feb 17, 2017 at 13:15
Miembro desde Dec 09, 2015
posts 823
BaldoN posted:
Hello,
USD/JPY - it looks forming continuation model on 1H chart. If the price brakes down and confirms, then bears may push the pair down to 112.50/60.
Considering how bearish the pair is I have almost no doubts that it will reach 112.50. In fact, I think it will break out below that level and eventually reach 111.60.
Feb 18, 2017 at 11:45
Miembro desde Apr 09, 2016
posts 419
The US dollar was down against the Japanese Yen on Friday. By the closing of the American session USD/JPY was trading at 112.84, shedding 0.36%. I believe that the support is now located at the level of 112.62, the low of Friday's trading, and resistance is likely at the level of 114.97 - the maximum of Wednesday.
Miembro desde Oct 02, 2014
posts 905
Miembro desde Jul 27, 2016
posts 21
Feb 21, 2017 at 10:40
Miembro desde Apr 09, 2016
posts 419
Dollar/yen had a bullish momentum earlier today, hitting 113.70. Trade signals are up for testing 114.00/30 in the near future. But overall I still prefer a bearish scenario at this phase and any upward pressure should be seen as a good opportunity to short positions. The nearest support is at 113.35. A clear break below that area could lead price to neutral trading zone testing 112.65.
Feb 21, 2017 at 15:33
Miembro desde Dec 31, 2014
posts 102
The USDJPY had a bullish momentum earlier today in Asian session hit 113.69. The bias is bullish in nearest term testing 114.00/30 area but overall I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell. Immediate support is seen around 113.35. A clear break below that area could lead price to neutral zone in nearest term testing 112.65 area.
Top Forex Robot
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posts 905
Feb 24, 2017 at 17:45
Miembro desde Nov 16, 2015
posts 708
The dollar recorded a second consecutive loss against the yen on Thursday. The US currency continued the negative trend from the previous session and reached the lowest level for this week. However, the pair is trading above support at 115.56. The launch on Thursday was given at a price of 113.29 by early trend was neutral. Around noon bearish sentiment prevailed and currencies hit bottom at 112.54. The finale was put 6 pips higher.

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