USD/JPY
Medlem sedan Dec 11, 2017
229 inlägg
Sep 04, 2018 at 20:39
Better than expected US data made Usd/Jpy bounce back and find immediate resistance level at 111.530, the pair looks bullish short term, next important resistance lies at 111.82.
Medlem sedan Oct 02, 2014
909 inlägg
Sep 05, 2018 at 14:32
Above 111.80 I think it could continue with renewed strength to the upside. Let's see what this week's news bring.
Positivity
Medlem sedan Dec 06, 2017
256 inlägg
Sep 05, 2018 at 16:11
USD/JPY is quite hesitant around 111.50 although remians above its moving averages, whilch had lost directional strength. To bring back the bulls, the pair will need to push above the daily high with next target at 111.85.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 06, 2018 at 17:54
The USD/JPY pair fell below 111.00 handle and marked its lowest level since the last day of August at 110.70 amid weak risk appetite. The pair has lost upward strength and technical readings on the four hour time frame are showing that it may extend its decline during the upcoming hours. RSI and stochastic are aiming south and are nearing the negative territory. Support levels: 111.20, 110.85, 110.40. Resistance levels: 111.50, 111.80, 112.15.
forex_trader_436974
Medlem sedan Jun 13, 2017
49 inlägg
Sep 07, 2018 at 05:19
Thanks for these updates, the_who. Your latest isn't exactly what I wanted to hear, but that's Forex.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 07, 2018 at 13:59
USD/JPY recovered today but bulls stalled at 111.07, where currently the pair is located. A persistent upward potential might push bulls towards next resistance area around 111.30.
Medlem sedan Dec 10, 2017
210 inlägg
Sep 09, 2018 at 08:28
The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.03, adding 0.25%. I believe that support is now at the level of 110.38, the low of Friday's trading, and the resistance is likely at 111.76 - the maximum of Wednesday.
Medlem sedan Nov 16, 2015
708 inlägg
Sep 09, 2018 at 08:49
Justice1024 posted:Interesting levels to consider.
The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.03, adding 0.25%. I believe that support is now at the level of 110.38, the low of Friday's trading, and the resistance is likely at 111.76 - the maximum of Wednesday.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 10, 2018 at 16:19
At the beginning of the week teh USD/JPY pair is ranging around 111.00 figure, as the demand for safe-haven assets moderated. Technically the pair is showing neutral stance on the four hour time frame. The price is developing back and forth around horizontal and parallel 100-day and 200-day SMAs. RSI and stochastic started to recover but still are nortnot showing goodupward strength. Strong resistance area is located around 111.40 - 111.50 and in case bulls fight it, the pair might gain some upward traction. The downside is supported by the 110.85 level which if broken to below, would open doors for testing 110.40.
Medlem sedan Oct 11, 2013
775 inlägg
Sep 11, 2018 at 03:52
The consolidation continues on the USDJPY just above the 111.00 level. The 55 day EMA is very flat, indicating that there is no clear direction on the instrument. The boundaries are the 112.14 as resistance and the 110.00 level as support.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 11, 2018 at 19:33
The USD/JPY pair is moving back and forth alongside with equities but is going to close the day around the 111.60 region. The current advance might continue as the bulls keep pressuring the highs and advanced above the 100-day and 200-day SMAs, both staying flat around 111.05 ont he four hour time frame. Ont he same chart stochastic reached overbought area, but the RSI is extending its advance slowly and currently is located at 65, which support additional gains. The pair now is facing immediate resistance around 111.80 price area, ahead of 112.14 (the August high).
Medlem sedan Dec 11, 2017
229 inlägg
Sep 11, 2018 at 22:54
Usd/Jpy appears short-term bullish, but the upside seems limited to 111.80 level, the pair continues to trade within the range.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 12, 2018 at 19:55
The USD/JPY pair slumped today to 111.12 before retracing part of its losses and at the moment is trading around 111.25. Technically speaking the short term outlook remains bearish. On the four hour time frame the price is developing above its 100-day and 200-day SMAs, both converging within a tight 10 pips range. RSI and stochastic turned sharply lower and are supporting additional declines ahead. Immediate support is offered by the 110.90 level, which if broken will open doors for a steeper decline toward the 110.20 – 110.30 area.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 14, 2018 at 20:53
After marking its highest level in more than a month at 112.16, the USD/JPYpair eased down as the latest trade headlines weighed on the market sentiment and supported the Japanese Yen. On the four hour time frame the price is developing well above its 100-day and 200-day SMAs both showing good upward traction. RSI and stochastic keep retreating from their overbought readings, but still remain situated into the positive territory. This situation is showing the limits of the downside potential, at least as it holds above the 111.40 – 111.50 area, the former resistance. A break through 112.15 should lead to a steeper advance which can extend up to 113.17, the July's high.
Medlem sedan Dec 11, 2017
229 inlägg
Sep 16, 2018 at 20:57
The pair is appearing to be trading in the positive territory, but bullish trend yet needs to be confirmed. Immediate resistance can be found at 112.15/20 zone.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 17, 2018 at 16:02
USD/JPY pushed higher today and spent whole day hovering around the 112.00 hurdle. The momentum beyond this level is likely to be extended towards 112.60, where is located the first resistance before eventually bulls set next target at 113.00.
Medlem sedan Dec 11, 2017
229 inlägg
Sep 17, 2018 at 21:56
Usd/Jpy continues trading within the range while staying in positive territory. Upside seems to have lost its strength, but giving its holiday in Japan, I'm expecting the pair consolidation continues.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 18, 2018 at 18:23
USD/JPY gained good traction in the last hours today and marked its highest level since July 20 at 112.38 before retreating slightly. As of writing, the pair is trading at 112.35 and technical indicators on the hour hour time frame are supporting the upward strength. Next bullish target is seen around 112.50 -122.60 area.
Medlem sedan Dec 06, 2017
256 inlägg
Sep 19, 2018 at 18:14
USD/JPY is trading flat around 112.30 and is having difficulties to set its next short-term direction today. The pair is confined withing tight range since breaking the August high. On the four hour time frame the indicators have turned horizontal and are showing lack of directional strength, but yet remain within positive territory. The price is developing well above its moving averages, with the 100 SMA now some 100 pips below the current level, but all of them are aiming north. Should the bulls manage to extend its march, the next relevant target is seen at 113.17 (the July's high).
Medlem sedan Dec 06, 2017
256 inlägg
Sep 20, 2018 at 19:00
USD/JPY gained traction today and touched a fresh two-month high at 112.58. The pair moved into consolidation phase and currently is trading at 112.48. which is up with 0.2% for the day. Technically spekaing the short term outlook remains neutral to bullish stance, as ont he four hour time frame the price is developing well above its bullish moving averages. RSI is consolidationg around 60, while stochastic is showing strong bullish momentum. The 112.10 are comes as immediate support and resistances are seen at 112.50, 112.90 and 113.20.
