USD/JPY

USD/JPY - it seems the dollar finds solid demand around 110.10 and I expect this market to continue rising during next week with targets 111.410/50

USD/JPY continues to trade sideways, CMP 110.74. The JPY news this week could not make enough impact. Eyes are on the event next week.

The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 111.10, adding 0.26%. I believe that support is now at around 110.13, the low of Friday's trading, and the resistance is likely at 111.61, Monday's high.

USD/JPY is gaining 0.15% at 111.27 with the initial hurdle at 111.58 (high Apr.10) ahead of 112.20 (high Mar.31) and then 112.80 (50% Fibo of March drop). On the other hand, a drop below 110.11 (low Apr.7) would open the door to 110.09 (2017 low Mar.27) and finally 108.64 (200-day sma).

I shorted after the pair formed the strong daily hammer bar under the resistance at 111.60. I think first target will be at 110.00, but it could eventually drop to 108.50.

USD/JPY - It seems the JPY is still pushing. Most likely to see another test at 110.10 shortly.

USD/JPY broke out below 110.00 and I think the daily bar will close below that level too. A drop to 108.50 is almost inevitable, in my opinion.

Yes I agree waiting on 108 to go long

Looking for strong support arround 108.45 - 108.85 and rebound to the north after

Immediate resistance is seen near 109.40 level (yesterday's high), above which the pair is likely to accelerate the recovery towards 109.85 intermediate resistance ahead of the key 110.00 psychological mark.

USD/JPY is trading to the downside now as the US dollar is losing steam. CMP 108.88, first support 108.30.

USD/JPY finally fell to 108.50. I think it will rebound from this level or from 108.30 and climb back to 109.50 - 109.60.

USDJPY is faces the first support at 108.55 (Nov. 17 low) followed by 107.60 (Nov. 15 low) and 107. To the upside, resistances could be seen at 109, 109.40 (Apr. 13 high) and finally 110.

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 108.65, losing 0.40%. I believe that support is now at around 108.55, the low of Friday's trading, and the resistance is likely at 111.58, Monday's high.

I opened a long position at 108.20 and my target is at 109.00 as I thought the pair would rebound from that support. Considering the bullish spinning top bar on the H4 time frame at that level, it probably will.

Well done Dianajs, your position has been filled.

Thank you. I closed my long at 109.00 as I intended to and then I shorted after the pair formed the bearish spinning top bar on the H4 time frame below 109.20. I think next target is 108.20 again.

Bullist

It rebounded from 108.30. I managed to close my short relatively on time, but I haven't opened another long. While the pair is bearish, I suspect that it will begin a sideways consolidation above 108.20 - 108.30.