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deresel
Jul 28 2016 at 21:21
708 posts
The high degree of uncertainty around JPY indicate active currency fluctuations during yesterday's trading. Rising yen potential looks more limited than reduction perspectives, but all will depend on the decision of the Bank of Japan tomorrow.

idimitrov
Jul 30 2016 at 12:45
421 posts
The US dollar was down against the Japanese Yen on Friday. At the closing of trading session EUR USD / JPY has traded at 102.03, shedding 3.08%. I believe that the support is now located at the level of 101.97, the low of Friday's trading, and resistance is likely at level of 106.73 - a maximum of Monday.

paidsignal
Aug 03 2016 at 06:13
78 posts

As expected, the USDJPY continued its bearish momentum yesterday bottomed at 100.67. The bias remains bearish in nearest term testing 100.00 area. A clear break and daily close below that area could trigger further bearish pressure retesting 98.80 region. Immediate resistance is seen around 101.50. A clear break above that area could lead price to neutral zone in nearest term testing 102.00 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell .

deresel
Aug 03 2016 at 09:18
708 posts
The dollar recorded a losing session against the yen on Tuesday. The US currency continued the negative trend from last week and lost further ground against the yen. As a result, the support at 101.37 was pierced, and if bearish sentiment continues in the future, the pair will test the level at 98.36. The session started at a price of 102.38, the dollar lost 150 pips to the end of the session. Bottom of the day was struck at 100.68.

deresel
Aug 03 2016 at 09:29
708 posts
Key levels to watch for today:
Support: 101.37; 98.36;
Resistance: 106.02; 107.48.

idimitrov
Aug 03 2016 at 09:34
421 posts
As expected, the dollar/yen continued its bearish momentum yesterday, bottomed at 100.67. Trading signals remain down to test 100.00. A clear break and daily close below that area could trigger further bearish pressure testing to 98.80. Resistance for the day is 101.50. A clear break above that area could lead price to neutral zone testing 102.00 but overall I still prefer a bearish scenario.

idimitrov
Aug 03 2016 at 17:22
421 posts

On the 4-hour chart 50-SMA and the 100-SMA show a bearish crossover, and the price moves sufficiently below them and the downward trend line on the daily chart. Oscillator MACD also moves below both its zero and trigger lines suggest strong bearish momentum of prices for the next few hours. In addition, the RSI is oversold, suggesting recent bearish price sentiment. A successful attempt to pass below 100.70 opens the way to a strong support level at 100.00 and then to barrier 99.00.

rob559
Aug 03 2016 at 22:10
1916 posts
getting an clear idea of where the price will go within the next weeks or so




Ari Goldman (arigoldman)
Aug 06 2016 at 12:59
907 posts
Bearish on the pair.

alexforex007
Aug 09 2016 at 03:29
774 posts
The USDJPY may have finished with the current pullback and it may go back down to the 100.00 level.

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