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USD/JPY
Jul 03, 2017 at 05:41
The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 112.41, gaining 0.20%. I believe that support is now at around 111.10, Monday's low, and resistance is likely at 112.93, Thursday's high.
Jul 04, 2017 at 16:27
The US dollar recorded a significant rise against the Japanese yen on Monday. The currency pair added 129 pips at a closing price of 113.37. The chart continued to grow above the creeping mean, while the relative strength index remained neutral. If the direction continues, the pair will probably break the resistance at 114.00.
Member Since Apr 04, 2017
6 posts
Jul 05, 2017 at 11:41
Devhuti posted:
The USDJPY had a bearish momentum yesterday bottomed at 120.15. The bias remains bearish in nearest term testing 119.50 as a part of the false breakout (above 121.30)bearish scenario. Immediate resistance is seen around 120.55. A clear break above that area could lead price to neutral zone in nearest term retesting 121.30 key resistance which remains a good place to sell with a tight stop loss. Fundamental focus will be on the FOMC statement which expected to be a market catalyst
Over 2 year, USD/JPY come back 112-113, i think in this year usd/jpy maybe rebought in 115-116.
Member Since Oct 02, 2014
905 posts
Jul 08, 2017 at 16:05
Good breakout to the upside. Expecting more this week.
Positivity
Jul 08, 2017 at 20:10
The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 113.91, gaining 0.61%. I believe that support is now at the level of 111.92, Monday's low, and the resistance is likely at 114.18 - the maximum of Friday's trading.
Jul 09, 2017 at 07:23
The USDJPY had another indecisive movement yesterday but traded higher earlier today in Asian session hit 113.83. The bias remains bullish in nearest term testing 114.30. Immediate support is seen around 113.20. A clear break below that area could lead price to neutral zone in nearest term testing 112.75 support area which is a good place to buy. On the upside, a clear break and daily/weekly close above 114.30 would expose 115.50 region or higher next week. Fundamental focus today will be on the US NFP number.
Top Forex Robot
Member Since Oct 02, 2014
905 posts
Jul 10, 2017 at 17:30
USD/JPY is now slightly above 114. Resistance is expected at 114.35.
Positivity
Jul 14, 2017 at 17:24
On Thursday, the yen lost 11 pips of its asset. The day was opened at 113.16, and the top of the day was recorded in the first trading hours at 113.52. Bearing players recorded a bottom at 112.85. And for the last one dollar was worth 113.27 yen.
