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dianajs
Mar 28 2017 at 12:10
823 posts
I agree. Yesterday the pair rebounded from 110.10, but it looks like today there will be another attempt to break out below 110.10 - 110.00.
Baldo (BaldoN)
Mar 28 2017 at 12:18
522 posts
USD/JPY - I expect test on the bottom at 110.10. Break below will led to acceleration of the down trend.
bestools
besttools
Mar 29 2017 at 08:46
898 posts

The major finds immediate resistance at 111.40/50 (10-DMA/ psychological levels). A break above the last, the major could test 111.91 (classic R2/ Fib R3) and 112.79 (20-DMA) beyond the last. While to the downside, the immediate support is seen at 110.98/84 (5-DMA/ daily pivot) next at 110.50/46 (classic S1) and below that at 110.18/00 (Fib S2/ zero figure).
Devhuti
Mar 30 2017 at 04:37
94 posts
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. The “hammer” bullish reversal scenario remains valid and any sustained movement back above 111.30 could create a nice bullish run testing 112.00 – 113.00 region or higher. On the downside, key support remains at 110.10. A clear break below that area would cancel the “hammer” bullish reversal scenario.
Baldo (BaldoN)
Mar 30 2017 at 08:50
522 posts
USD/JPY - I expect short term price movement and test at 111.55/60.
deresel
Mar 30 2017 at 10:55
708 posts
The US dollar recorded a modest decline against the yen on Wednesday. The pair lost only 10 pips at a closing price of 111.03. The graphics continue to evolve under moving averages, while the index of relative strength remained on neutral territory. Keeping the current levels will contribute to positive attitudes.
deresel
Mar 30 2017 at 10:57
708 posts
USD/JPY
Key levels to watch for:
Support: 111.00; 109.50;
Resistance: 114.00; 116.45.
dianajs
Mar 30 2017 at 11:14
823 posts
The pair is very range-bound between 110.80 and 111.40 but I think that once that range ends it will continue falling. We need a breakout below 110.10 for a confirmation.
bestools
besttools
Mar 30 2017 at 12:45
898 posts

USD traded mostly sideways after touching a high of 111.31 (target indicated at 111.50 was not met). The undertone still seems positive and another attempt to move towards 111.50 is expected. That said, a sustained break above this level seems unlikely for now (next resistance at 111.85). Support is at 110.75 but the stronger level is closer to 110.55.While USD closed largely unchanged yesterday, the recent downward pressure has eased further. However, only a daily closing above 111.50 would indicate that a short-term low is in place (and the start of a sustained recovery to 112.30). This appears to be a likely scenario unless USD was to drop back below 110.55 within these few days.
Ari Goldman (arigoldman)
Mar 31 2017 at 14:33
909 posts
USD/JPY reached a high of 112.20 yesterday and is now trading at 111.60. The pair could not get over the resistance and bears took control. First support is now seen at 111.20.
idimitrov
Mar 31 2017 at 16:44
421 posts
Dollar/yen had a bullish momentum yesterday, topped at 111.94 and hit 112.19 earlier this morning. The bias remains for up to test 112.85 as part of the bullish scenario hammer formation. Immediate support is near 111.30. A clear break below could bring price to neutral trade zone.
bestools
besttools
Mar 31 2017 at 17:58
898 posts
To the downside, support levels might be located at 111.30 (Mar 29 high), 110.90 (Mar 30 low) and 110.60 (Mar 23 & 24 low). On the upside, resistance might be seen at 111.85 (20-hour moving average), 112.20 (daily high) and 112.45 (Mar 20 low).
idimitrov
Mar 31 2017 at 22:12
421 posts
The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY is trading at 111.40, losing 0.47%. I believe that support is now at around 110.09, Monday's low, and resistance is likely to come in at 112.20, the high of today's trading.
csc2009
Apr 03 2017 at 03:55
834 posts
The pair is consolidation in a narrow range short term, but well within negative territory, break below 111.00 level would like lead to further decline.
Devhuti
Apr 03 2017 at 10:08
94 posts
The USDJPY was indecisive last week. The “hammer” bullish reversal signal remains valid although we haven’t seen a convincing and strong/consistent movement above 111.30 key level area so far. The bias is neutral in nearest term. Immediate support is seen around 111.00. A clear break below that area could trigger further bearish pressure testing 110.70/50 area but key support remains at 110.10. Immediate resistance is seen around 111.60. A clear break above that area could trigger further bullish pressure testing 112.00 or higher.
dianajs
Apr 03 2017 at 14:40
823 posts
It's forming a barbed wire pattern on the H4 time frame. I will short if it breaks out below 111.10, I don't want to risk it while it's so range-bound.
Devhuti
Apr 04 2017 at 08:58
94 posts
The USDJPY had a bearish momentum yesterday bottomed at 110.85 and hit 110.55 earlier today in Asian session. The bias is bearish in nearest term testing 110.10 key support. A clear break and daily close below that area would expose 108.50 region this week and establish a longer term bearish trend with 111.30 – 112.00 as key resistance. Immediate resistance is seen around 111.30. A clear break and daily close back above that area would keep the “hammer” bullish reversal scenario remains alive and kicking testing 112.00 or higher
deresel
Apr 05 2017 at 09:32
708 posts
The dollar registered a volatile session against the yen on Tuesday. Although the trend varies widely, eventually opening price was close to that of closing, respectively, 110.89 and 110.73. In the early hours of the trade the trend was bearish in nature and so the pair hit bottom at 110.26, but later the dollar offset losses. If the negative momentum of the last two days continued, USD/JPY will test the support at 109.79.
deresel
Apr 05 2017 at 09:35
708 posts
USD/JPY
Key levels to watch for:
Support: 109.79; 109.00;
Resistance: 112.84; 113.47.
David791 (david791)
Apr 06 2017 at 10:33
44 posts

Yes, 109.79 is strong level
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