USD/JPY
Uczestnik z Oct 11, 2013
775 postów
Oct 02, 2018 at 02:22
Rally continues on the USD/JPY. On the daily chart of the USD/JPY we can see a very sustainable and organized rally on the pair, since it last visited its 200 day EMA (blue line). On its way up, the pair has made some pullbacks, but that has contributed to keeping the momentum on the bullish trend. The pair reaches the 114.00 level, which could act as resistance. In case of a bearish bounce from the 114.00 level, the 113.00 level could act as support, which acted as resistance in the past. On the other hand, if the USD/JPY continues rallying, then the 114.77 level could act as resistance.
Załączniki:
Uczestnik z Dec 06, 2017
256 postów
Oct 02, 2018 at 18:06
USD/JPY failed to extend gains above the 114.00 level today and currently is suffering some modest losses around 113.77. Looking to the upside, a potential decisive break above 114 (daily high), will bring next bullish target at 114.70, followed by 115.00 (the psychological level). The downside offers supports at 113.60 (the daily low), 112.55 and 111.60.
Uczestnik z Nov 16, 2015
708 postów
Oct 03, 2018 at 07:10
USD/JPY is approaching the strong level of 114.00. There is a big chance for downwards correction.
Uczestnik z Dec 06, 2017
256 postów
Oct 03, 2018 at 17:56
USD/JPY moved out from the consolidation phase and extened its positive momentum further beyond the 114.00 mark. Currently the pair is trading around 114.40 and retains good bullish stance. I expect test of the resistance at 114.75.
forex_trader_436974
Uczestnik z Jun 13, 2017
49 postów
Oct 04, 2018 at 07:48
I'm still bullish on USDJPY too. I thought yesterday might be the end of the run, but today it's pushing upward again.
Uczestnik z Dec 06, 2017
256 postów
Oct 04, 2018 at 18:25
After marking its highest daily close in more than year and a half at 114.53, the USD/JPY pair plumetted and fell to its lowest level for the day at 113.64.On the four hour time frame the price crossed to below the 20-day SMA, which has turned to south, but meanwhile is staying above the bullish 50-day and 100-day SMAs. RSI is looking for direction around its mid-line and stochastic is showing strong bearish momentum. First bearish target is seen at 113.35 and the upside offers immediate resistance at 114.75.
Uczestnik z Dec 06, 2017
256 postów
Oct 05, 2018 at 17:00
USD/JPY recovered today and found some fresh buying interest around the 113.60 area. But bulls will need much more power to conquer again the 114.00 hurdle.
Uczestnik z Dec 10, 2017
210 postów
Oct 07, 2018 at 08:57
The US dollar fell against the Japanese yen on Friday. By the close of US trading, USD / JPY is trading at 113.72, losing 0.15%. I believe that support is now at around 113.51, Tuesday’s low, and resistance is likely at 114.56, high on Thursday.
Uczestnik z Dec 10, 2017
210 postów
Oct 07, 2018 at 22:04
The wave is slowing down on USD/JPY.
Uczestnik z Dec 06, 2017
256 postów
Oct 08, 2018 at 18:49
USD/JPY came under a renewed selling pressure durign the last hours and is marking its lowest level in two weeks. The pair broke the 113.00 and how bears are aiming 122.55.
Uczestnik z Dec 06, 2017
256 postów
Oct 09, 2018 at 19:46
USD/JPY dipped below 113.00 today, but reversed and started to retrace its losses. Now the pair is again below this level and indicators on the four hour time frame had lost directional strength. The price is developing below its moving averages and first resistance is provided by the flat 100-day SMA at 113.06.
Uczestnik z Dec 06, 2017
256 postów
Oct 10, 2018 at 18:29
As seen on the four hour time frame, the USD/JPY pair is struggling to preserve its early gains. The price is now looking for direction around the flat 100-day SMA and the bearish 20-day SMA. RSI and stochastic remain within negative territories, but both are directionless. There are no obvious signs for upcoming steeper recovery, as the pair will have to accelerate through 113.60 in order to enter into bullish ground, while a break below 112.75 would enlarge the risk toward the downside.
Uczestnik z Dec 06, 2017
256 postów
Oct 11, 2018 at 18:11
USD/JPY broke below the 100-day and 200-day SMAs, as seen on the four hour time frame and the last one is providing immediate resistance around 112.30 area, as bulls were unbale unable to advance beyond it. RSI and stochastic have corrected from extremely negative territories, but quickly resumed declines and still are developing in oversold territory, keeping the risk towards the downside.
Uczestnik z Dec 11, 2017
229 postów
Oct 11, 2018 at 21:38
Usd/Jpy is trading in a narrow range just above 112.00 level while the risk remains to the downside. The immediate support handle 111.80/90 seem strong, on the upside, resistance can be found around 112.50/60.
Uczestnik z Dec 10, 2017
210 postów
Oct 12, 2018 at 17:12
The last day of the week the dollar recovered from the recent weakness and tries to hold 112.00 level with usd/jpy.
Uczestnik z Dec 06, 2017
256 postów
Oct 12, 2018 at 19:27
The short-term outlook for USD/JPY remains bearish. On the four hour time frame the price is hovering around the 200-day SMA, but unable to fight it. RSI and stochastic corrected from their extreme oversold territories before resuming their declines, and are back into the seep. A strong recovery above 112.60 would bring back the positive bias, but while staying undecisive around 112.00, the risk leans towards the downside.
