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idimitrov
Oct 11 2017 at 09:21
421 posts
The dollar / yen tried to lower yesterday, forming a bottom at 111.98, but closed slightly higher at 112.44. The signals are neutral so far, but the price is still in the bears phase after the downward pin bar formation at the key resistance of 113.20. Immediate support is seen at 111.65. A clear breakthrough and daily closure below this level will open the doors to 111.00 - 110.65.

idimitrov
Oct 12 2017 at 10:08
421 posts
The dollar / yen did not make a substantial move yesterday. There is no change in my technical predictions. Expectations remain neutral in the short term, but the price is still in the downstream phase after the formation of the bearish pin bar at the key resistance 113.20. Support for the day we have at 111.65. A clear breakthrough and daily closure below it will clear the way down to 111.00 - 110.65. Generally I remain neutral.

dianajs
Oct 12 2017 at 13:36
823 posts
USD/JPY is relatively bearish and the resistance at 113.40 is still holding. I think that if it falls below 112.00 it will continue depreciating at least to 111.20 - 111.00.

Ari Goldman (arigoldman)
Oct 13 2017 at 21:20
907 posts
Difficult to trade for the last week.

csc2009
Oct 16 2017 at 07:27
834 posts
Usd/Jpy has just recovered 112 level, as long as the pair trading above it's long term critical support level at 111.10, I believe the risk remains on the upside.

dianajs
Oct 16 2017 at 12:06
823 posts
The pair is at 111.70, for the moment it remains very bearish. I think it will break out below that level soon and keep falling to 111.00 or even to 110.40.

deresel
Oct 16 2017 at 17:36
708 posts
The US dollar recorded a decline against the Japanese yen on Friday. The currency pair opened at 112.27 and the dollar lost 40 pips. Graphics continued to grow below moving averages, while the relative strength index remained neutral. If the bearish mood continues, we can expect a first support test at 110.90.

deresel
Oct 16 2017 at 17:37
708 posts
Key levels to watch for:
Support: 110.90; 110.20; 108.80;
Resistance: 112.90; 114.30;

idimitrov
Oct 16 2017 at 18:33
421 posts
The dollar / yen had a bearish momentum last week, reaching a bottom of 111.68 after a fake breakthrough over key resistance 113.20 and the emergence of a bearish pin bar. The views are down to testing 111.65. Clear break below this level will open doors to support 111.00 - 110.65. Intraday resistance is at 112.35. A clear breakthrough over it could take the price to a neutral zone, but only a clear break above 113.20 will halt the current short-term downside outlook.

dianajs
Oct 18 2017 at 11:16
823 posts
111.70 proved to be a very strong support and USD/JPY rebounded from it. The pair remains bullish for the moment and I think it will reach 113.00 soon.

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