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Leng Kai (lengkai)
Aug 09 2017 at 19:39
67 posts
I believe the pair will continue it's downward course as the North Korean tension escalate. Awaits up coming Asian market data to decide it's faith. Current short position at 109.986.

Strive to archive more.
dianajs
Aug 10 2017 at 10:49
823 posts
Despite the brief correction yesterday USD/JPY is moving to the downside again. I still have a short position open and I don't intend to close it for now.

idimitrov
Aug 10 2017 at 11:36
421 posts
The dollar / yen tried to lower yesterday, making the bottom at 109.55, but closing higher at 110.05. The first resistance is seen at 110.35 (yesterday's peak). A clear break above this level could lead to future upward pressure testing for 110.80 - 111.00 or higher. On the downside, a clear breakthrough and daily closure under the trendline support line and 109.50 / 00 will trigger the bearish pattern.

deresel
Aug 10 2017 at 12:43
708 posts
The dollar recorded a second consecutive loss against the yen on Wednesday. The US currency continued its losing session and as a result the first support at 109.62 was broken. However, short-term expectations are in favor of the dollar. Wednesday's trading was open at a rate of 110.30. The trend was volatile, but ultimately the bears prevailed and the pair hit the bottom at 109.55. The final line was cut at 110.05.

deresel
Aug 10 2017 at 12:45
708 posts
USD/JPY
Key levels to watch for:
Support: 109.62; 108.80;
Resistance: 111.78; 112.18;

alexforex007
Aug 11 2017 at 01:13
774 posts
The USDJPY finally reaches the 109.00 level, but the zone has been a very strong support in the past, therefore, unless risk aversion continues or the Dollar suddenly goes back to its bearish trend, the pair may bounce to the upside from the 109.00 level. A breakdown of the 109.00 level may take the pair to the 108.13 low. To the upside, the most relevant resistance is at the 111.00 level.

Howard95
Aug 11 2017 at 08:48
2 posts
some resistance at 109.25 too

dianajs
Aug 11 2017 at 09:50
823 posts
USD/JPY dropped to 108.90 and although it has formed a double bottom at that level on the H1 time frame which could lead to a temporary correction I think the overall bearish trend is far from over.

Ari Goldman (arigoldman)
Aug 11 2017 at 09:51
907 posts
The Japanese Yen broke the support in the preopening hours of the European session. Bears might increase their positions.

WeTrading (systemafx)
Aug 13 2017 at 06:32
200 posts
this is my personal view on USDJPY.

under 108.80 we can see a strong sell markets till 99!!!

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