USD/JPY
Nov 13, 2018 at 19:25
USD/JPY pulled back from the daily highs and fell below 114.00. The pair closed the previous day with modest losses, and today gained some traction rising to a daily high of 114.15 before losing its bullish momentum. The initial for aligns at 114.20 ahead of 114.55 and 115.00 ( the psychological level). The downside offers supports at 113.60, 113.00 and 112.00 (the psychological level).
Nov 14, 2018 at 07:38
USD/JPY: The pair tried to rise up yesterday, reaching a peak of 114.20, but closed lower at 113.83. The views are neutral for now, probably with light bearish signals for testing 113.40 / 00. But as price stays above the trendline, I stay up and every downward pressure can be seen as a good opportunity for long positions. On the upside, 114.70 remains an important resistance. A clear break and daily closing over it can open the doors to 115.50 or higher.
Nov 14, 2018 at 20:28
The USD/JPY fell to 113.29 and reached a new weekly low. Currently is trading few pips above the level by the end of the US session. On the four hour time frame the pair is developing well above its 100 and 200 SMA, both around the 113.00 level and with the shortest advancing below the larger one as technical indicatorsresume their declines within negative levels, skewing the risk to the downside. Renewed selling interest below 113.20, now the immediate support should lead to a steeper decline, particularly if Asian shares follow the lead of their overseas counterparts.
Nov 15, 2018 at 20:02
USD/JPY is extending its slide toward 113.00 handle today despite the upbeat US retail sales data. On the four hour time frame the price is developing around the mild bullish 100-day SMA before bouncing and currently is trading around the daily highs. Technical indicators also recovered after nearing oversold readings, holding below their midlines but with an increased upward strength, indicating that the pair could continue recovering ground. The key will be stocks´ behavior as a mirror of the market's sentiment. Should equities continue recovering, the pair could regain the 114.00 level, although a turn to the worst in sentiment will likely see it back challenging the 113.00/10 support zone.
Mitglied seit Dec 10, 2017
210 Posts
Nov 16, 2018 at 05:53
Usd/jpy is under pressure due to stalling US - China trade deal. During the Asian session the pair fell to 113.32.
Mitglied seit Oct 26, 2018
10 Posts
Nov 16, 2018 at 14:09
I see this as short term pressure though. Longer term trend is still upwards for me. When price gets to 113 I will be looking to go long
Nov 16, 2018 at 15:55
USD/JPY is holding above the mild bullish 100-day SMA, currently at 112.95, which gains upward traction above the directionless 200-day SMA. Technical indicator on the four hour time frame resumed their declines after a failed attempt to regain the upside, now nearing weekly lows and skewing the risk to the downside.
Mitglied seit Dec 10, 2017
210 Posts
Nov 19, 2018 at 06:56
The US dollar declined against the Japanese yen on Monday. During the Asian session, USD / JPY was traded at 112.75, losing 0.06%. I believe that support is now at around 112.61, Monday is low, and resistance is likely at the level of 114.02 - the maximum of Wednesday.
Nov 19, 2018 at 19:06
USD/JPY is technically bearish as seen on the four hour time frame. The pair spent the day hovering around the Friday's close and below the 100-day and 200-day SMAs. Technicalindicators have stabilized with the stochastic holding near oversold readings and the RSI up from its lows but far into negative ground, indicating the absence of buying interest. The monthly low at 112.55 is the immediate support, with a break below the level opening doors for a steeper decline toward 111.80.
Nov 20, 2018 at 18:48
USD/JPY bulls have taken back control and the price is now much higher according to the daily lows. Technically, on the four hour time frame the price is below all of its moving averages. Technical indicators remains around oversold area, but lacking directional strength and leaning the risk to the downside. Currently the price is standing at around 112.80, the 20-day SMA and next bullish targets is seen at 112.95, which if broken will open doors for testing the psychological 113.00 level.
Nov 21, 2018 at 16:41
The short-term outlook for USD/JPY remains bullish, as the price has recovered above the directionless 200-day SMA and is developing below the 100-day SMA , which is heading north at around 113.35. Technical indicators on the four hour time frame have entered into positive area with the RSI advancing at 52 but the Momentum lacking directional strength. A firmer brake above the above mentioned 100-day SMA might bring additional gains, as long as the positive mood persists.
Nov 22, 2018 at 19:46
USD/JPY is trading between its 100-day and 200-day SMAs, with the shortest above the current level. Technical indicators on the four hour time frame turned to south within positive levels, but rather indicating the absence of buying interest than suggesting an upcoming decline. Little should be expected for today, although some risk headline could send it down to the 112.60 price zone, while to the upside, the main resistance is 113.35, with a bullish breakout of this last unlikely today.
Mitglied seit Dec 10, 2017
210 Posts
Nov 23, 2018 at 07:05
The US dollar rose against the Japanese yen on Friday to 112.98, adding 0.03%. I believe that support is now at 112.31, the low of Tuesday, and resistance is likely at the level of 113.14 - the maximum of Wednesday.
Nov 23, 2018 at 16:02
USD/JPY came under a modest selling pressure today and slumped to its lowest level of the day at 112.71 and currently is trading at 112.74. First support is seen at 112.60, ahead of 112.15 and 111.60. The upside offers resistances at 113.00 ,113.40 and 113.70.
Mitglied seit Nov 02, 2018
10 Posts
Nov 25, 2018 at 07:38
For me technicals are all pointing downwards. The move down over the last couple of days has been a struggle down but I expect a big push on monday
Mitglied seit Dec 10, 2017
210 Posts
Nov 26, 2018 at 07:43
The US dollar rose against the Japanese yen on Monday to 113.22, adding 0.22%. I believe that support is now at around 112.61, the low of Wednesday, and resistance is likely to be the level of 113.28 - the maximum of today's trading.
Nov 26, 2018 at 19:15
During the the majority of the day USD/JPY was trading within a relatively tight range around 113.20,but in the last hour the pair rose to its highest level in 10 days at 113.43., breaking above both the 50-day and 200-day SMAs. In addition Momentum is positive and the pair is trading alongside an uptrend channel. The 113.75 level holds USD/JPY down since mid-November and is a substantial resistance. The downside offers 113.00 level as support line and also holds the pair down since earlier November.
Nov 28, 2018 at 18:20
USD/JOY is technically neutral in the four hours chart with technical indicators having retreated from oversold readings but holding nearby, and the price developing above all of its moving averages. Beyond 114.05, the pair has room to extend its advance up to 114.54, October high, while bulls could give up only on a break below 113.20.
