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USD/JPY
Member Since Oct 02, 2014
905 posts
Nov 27, 2016 at 07:34
Bearish here.
Positivity
Nov 30, 2016 at 12:36
Dollar / Yen attempted to push higher yesterday, formed a peak of 113.33 but closed lower at 112.38. The bias is neutral, possibly with slight bearish signals for testing the 111.50 support. A clear break and daily close below 111.50 could open a way for the Bears down to near 110.00. Intraday resistance at 112.80 whose breach could trigger further bullish pressure testing 113.30. Overall I remain in the camp of the bulls, but I need a clear break and consistent move at least above 112.80 - 113.30 for continuing the bullish scenario.
forex_trader_297176
Member Since Jan 10, 2016
5 posts
Dec 01, 2016 at 07:25
Surprise, surprise, it went higher. This is going back to 120.
Member Since Oct 02, 2014
905 posts
Dec 04, 2016 at 09:39
Bearish on the pair.
Positivity
Dec 06, 2016 at 16:12
I tentatively opened a long position due to the inverted hammer bar on the daily time frame above the support at 113.00. However, the pair has also formed double top at 114.80 so whether it will break above that level is uncertain at the moment.
Dec 08, 2016 at 07:10
(edited Dec 08, 2016 at 07:11)
The pair recorded moderate growth on Tuesday in a second consecutive positive session. The US dollar climbed by 17 pips to 113.98, having traded within the extreme values 114.18 and 113.49. USD/JPY continues to move over the rising moving averages, keeping positive attitudes, as RSI remains in neutral territory. A break of 112.90 will however change the short-term sentiment.
Dec 08, 2016 at 11:17
Dollar retreated moderately against the yen yesterday. The decline, which amounted 25 pips to 113.73, managed to erase gains from Tuesday. The final figures for the day were reached respectively at 114.39 and 113.41. RSI remains in neutral territory as the price continues to move in a narrow range over the 50-period average value. A break of 114.80 will resume the upward direction.
Member Since Oct 02, 2014
905 posts
Dec 11, 2016 at 14:42
Out of this pair for this week.
Positivity
