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May 31 2017 at 05:56
421 posts
The dollar / yen was indecisive yesterday, but traded lower today, hitting 110.76. The signals are bearish in the near future for testing at 110.25 / 00. A clear breakthrough and daily closure under this zone should open the doors to 108.00 this week. Immediate resistance is at 111.30. A clear break above this level may take the price to a neutral region, but the longer the pair is in line with the resistance line and the key resistance of 112.00, I prefer the bearish scenario at this stage and any upward pressure should be seen as a good opportunity For sales.

May 31 2017 at 11:36
708 posts
The US dollar recorded a negative session against the yen on Tuesday. The currency pair opened at 111.24 and the dollar managed to break the first support at 111.00 twice. The pair finished at 110.83 and in case the bearish trend keeps, there will probably be a breakthrough on the next support at 109.50.

May 31 2017 at 11:39
708 posts
Key levels to watch for:
Support: 109.50;
Resistance: 111.00; 114.00; 115.40.

May 31 2017 at 17:02
823 posts
I shorted a while ago, I think USD/JPY will reach the local low at 110.20. Also, a breakout below that support could be the beginning of a drop to 109.50 or even 109.00.

StockPicks (StockPicks)
Jun 01 2017 at 11:58
3 posts
USDJPY currency pair is going on high 111.09JPY.

Jun 01 2017 at 15:18
823 posts
USD/JPY rebounded from 110.50 but I managed to close my short on time. I haven't opened a long position as I should have though. Now I am waiting for the next signal.

arigoldman (arigoldman)
Jun 02 2017 at 12:44
907 posts
USD/JPY at 110.85 down from 111.70 after the release of the US NFP and Jobs data.

systemafx (systemafx)
Jun 04 2017 at 06:21
200 posts
If USDJPY stay up 111 we need only to buy it. Infact the red kumo is our support.


Spread Trading on CFD and Forex
Jun 05 2017 at 16:39
823 posts
USD/JPY is stuck in a very tight range after the major drop last week. I think there might be a breakout below 110.20 but I will wait for that before I short again.

BaldoN (BaldoN)
Jun 06 2017 at 11:41
522 posts
USD/JPY - The dollar is loosing a bit more then a cent touching 109.28. Most likely we ma see some corrective movement up to 109.50, but still the down pressure is strong.

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