USD/JPY
Mitglied seit Oct 02, 2014
909 Posts
Feb 02, 2018 at 16:39
Good move to the upside, healthy looking to go above 111 next week!
Positivity
Feb 07, 2018 at 09:35
The dollar recovered positions against the yen on Tuesday. The US currency broke off the negative momentum and returned to last week's levels. The session began at a price of 109.07 and the finale was set at a rate of 109.55. In the early hours the trend was bearish and the first support at 108.71 was broken after the bottom was hit at 108.45. Short-term expectations remain in favor of the dollar.
forex_trader_202857
Mitglied seit Aug 07, 2014
129 Posts
Feb 07, 2018 at 15:31
i'm about to carry this to 110.35
Mitglied seit Oct 02, 2014
909 Posts
Feb 09, 2018 at 10:52
Got in and got out, the US mess could expand and people could flock to JPY instead of USD.
Positivity
Mitglied seit Dec 10, 2017
210 Posts
Feb 09, 2018 at 14:50
The dollar/yen was indecisive yesterday. Views are neutral in the near future. The closest resistance is seen at 109.70. A clear break above this level may take the price to a neutral zone with testing at 110.15 - 110.65. The intraday support is 108.90. A clear breakthrough under it could cause further downward pressure on testing support 108.50-107.50, which remains a good place for long positions.
Mitglied seit Dec 10, 2017
210 Posts
Feb 11, 2018 at 07:00
On Friday, the US dollar moved to growth against other major currencies after the US Congress voted for an agreement on the parameters of the federal budget for the next two years, ending a short suspension of the government.
The yen has changed insignificantly: the pair USD/JPY was trading around 108.75.
The yen has changed insignificantly: the pair USD/JPY was trading around 108.75.
Mitglied seit Oct 02, 2014
909 Posts
Feb 12, 2018 at 10:57
Too tough to trade now with the looming stock market disaster.
Positivity
Feb 14, 2018 at 13:54
Yesterday the USD/JPY marked a 15-month low at 106.84 from where now is pulling back. Indicators on the daily chart remain in negative terriroty and had lost directional strength. Despite today’s bounce, below 108.05 the bearish bias prevails.
Feb 16, 2018 at 15:30
The Japanese bulls continue to gain positive traction and USD/JPY hit a multi month low at 105.54 today. Although the short term outlook remains bearish according to indicators on the H4, the price bounced just ahead of US opening, having a patch of macro releases to define the further movement.
Feb 16, 2018 at 15:31
The dollar recorded another sharp decline against the Japanese yen on Thursday. The session started at 107.00 and the day closed at 106.12. Once the bottom was hit at 106.03 and approached the support at 106.00, in the event of a break we would expect a test at 105.45. If it turns, the dollar will target the first resistance at 107.44.
