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deresel
Feb 24 2017 at 17:47
708 posts
USD/JPY
Key levels to watch for:
Support: 111.56; 110.93;
Resistance: 114.95; 115.60.
Samir
Samil
Feb 25 2017 at 18:31
2 posts
deresel posted:
The dollar recorded a second consecutive loss against the yen on Thursday. The US currency continued the negative trend from the previous session and reached the lowest level for this week. However, the pair is trading above support at 115.56. The launch on Thursday was given at a price of 113.29 by early trend was neutral. Around noon bearish sentiment prevailed and currencies hit bottom at 112.54. The finale was put 6 pips higher.


I think this pair is giving us work these weeks. I just hope to have some good winnings there 😄
idimitrov
Feb 26 2017 at 19:11
421 posts
The US dollar was down against the Japanese Yen on Friday. By the close of US trading USD/JPY шаs trading at 112.16, shedding by 0.40%. I believe that the support is now located at the level of 111.94, the low of Friday's trading, and resistance is likely at the level of 113.78 - the maximum of Tuesday.
csc2009
Feb 27 2017 at 02:31
834 posts
Usd/Jpy remain bearish, break support level at 111.90 might lead to further decline.
Baldo (BaldoN)
Feb 27 2017 at 10:03
522 posts
Hello,
USD/JPY - I am also expecting the pair to fell down with first target last night bottom at 111.92/112.00.
Magixs (Magiic)
Feb 27 2017 at 10:42
435 posts
Big rebound to 115-118 is likely. :) Just a thought.
bestools
besttools
Feb 27 2017 at 13:46
898 posts

While we indicated that a test of 112.30 would not be surprising, the ease of which this strong support was taken out was unexpected (low of 111.91 on Friday). The pressure is still on the downside and there is room for the current weakness to extend lower towards the major 111.55/60 support (low seen earlier this month). Stabilization is only upon a move back above 113.00.
dianajs
Feb 27 2017 at 17:54
823 posts
The pair is consolidating above 112.00. I think it will continue falling, but the news tomorrow will be a catalyst for that.
Jean-Pierre P. Aznavour II (eNyComics)
Feb 28 2017 at 07:43
36 posts
The JPY is bullish!
"If you are makeing less than 500% a month you aren't doing it right!"
FXstreet (GrepardoFX)
Feb 28 2017 at 07:45
6 posts
besttools posted:

While we indicated that a test of 112.30 would not be surprising, the ease of which this strong support was taken out was unexpected (low of 111.91 on Friday). The pressure is still on the downside and there is room for the current weakness to extend lower towards the major 111.55/60 support (low seen earlier this month). Stabilization is only upon a move back above 113.00.

Why all copy from FXstreet? I do not see any advertising for FXstreet.

https://www.fxstreet.com/news/usd-jpy-room-for-a-test-of-11155-60-uob-201702271253
FxRetrance (FxRetrance)
Feb 28 2017 at 08:07
21 posts
Magiic posted:
Big rebound to 115-118 is likely. :) Just a thought.

Im expecting the same too..
Re-Writing The Art Of Trading
Baldo (BaldoN)
Feb 28 2017 at 10:25
522 posts
Hello,
USD/JPY - USD may rise. I am expecting this market to rise up to 112.85/90
bestools
besttools
Feb 28 2017 at 19:54
898 posts
USDJPY short-term technicals neutral-bearish USD/JPY is hovering just above its 100 day MA (111.91) and the February 7multi month low at 111.63. Signals are bearish with a sub-50 RSI and confirmation from both the DMI and the short-term MA’s.The swift late 2016 rally provides for little in terms of support ahead of the 200 day MA at 107.71. Resistance is expected in the 112.80-113 area.
Baldo (BaldoN)
Mar 01 2017 at 09:54
522 posts
Hello,
USD/JPY - I would try to fine entry from the long side, but not from current levels - most likely after some pullback and if we see 113.10/20.
Magixs (Magiic)
Mar 01 2017 at 12:27
435 posts
FxRetrance posted:
Magiic posted:
Big rebound to 115-118 is likely. :) Just a thought.

Im expecting the same too..


Good start to the thought. Let's see how the US data and fed chatter pans out. Lots of room to the upside.
bestools
besttools
Mar 01 2017 at 14:00
898 posts

The low of 111.67 did not quite reach the major support near 111.55/60. The subsequent strong rebound suggests that the recent short-term downward has eased and USD has likely moved back into a consolidation range, likely between 112.00 and 114.20.
alexforex007
Mar 01 2017 at 20:21
775 posts
The USDJPY takes off during today's session but once it got to the 114.00 level, it stalls there. The 114.00 level may act as resistance, but a breakout of that level may take the pair to the 116.00 zone.
Magixs (Magiic)
Mar 02 2017 at 06:53
435 posts
alexforex007 posted:
The USDJPY takes off during today's session but once it got to the 114.00 level, it stalls there. The 114.00 level may act as resistance, but a breakout of that level may take the pair to the 116.00 zone.


16 pips above it, lets see 116 :)
FxRetrance (FxRetrance)
Mar 02 2017 at 08:15
21 posts
My next resistance is at 114,75.

If UJ breaks successfully then im looking at 116 too,,
Re-Writing The Art Of Trading
FxRetrance (FxRetrance)
Mar 02 2017 at 08:16
21 posts
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