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USD/JPY
Member Since Oct 11, 2013
769 posts
Jun 14, 2018 at 05:59
The USDJPY continues heading higher and it may reach the 111.39 high from where it may bounce to the downside. On the other hand, if the price falls back down, then the 110.00 level may act as support.
Member Since Dec 10, 2017
210 posts
Jun 15, 2018 at 12:39
The dollar / yen made an attempt to lower yesterday with a bottom of 109.91, but turned up, closed higher at 110.62 and hit 110.87 earlier today. Views are bullish for testing 111.00 in a short time. A clear break above this level may cause upward pressure to test the top line of the bearish canal in the 112.00 area. This area is a good place to sell. Immediate support we have at 110.45 (current bottom). A clear break below it can take the price to a neutral zone with testing 110.00.
Member Since Oct 02, 2014
905 posts
Jun 15, 2018 at 13:44
Strong resistance at 111.50. If it breaks, the dollar could dominate again.
Positivity
Member Since Dec 10, 2017
210 posts
Jun 24, 2018 at 12:40
Next week is not full of trend-changing events. So I say, let's trade USD/CHF in range.
Jun 28, 2018 at 22:17
USD/JPY moved above the 110.45 level but bulls are hesitating. The pair is holding around the weekly high and is keeping neutral to positive stance. Indicators are losing directional strength and showing lack of stability around the positive area.
Member Since Oct 02, 2014
905 posts
Jun 29, 2018 at 17:57
Good opportunity to go short i think.
Positivity
forex_trader_535230
Member Since Jun 29, 2018
27 posts
Jul 01, 2018 at 06:28
Of all the yen pairs that rallied, USD/JPY's rise was the most modest. Like the Kiwi, it lagged severely behind. Might be a concern for USD/JPY bulls.
forex_trader_535230
Member Since Jun 29, 2018
27 posts
Jul 02, 2018 at 10:55
SarahDW posted:
Usd/Jpy has a brief moment of consolidation around 110.70, the pair would test 110.50/60 zone, break below next target will be 110.20.
It has appeared to be the most resilient yen pair today, the only one yet to go red. Would be interesting to see if New York dumps it hard.
Jul 05, 2018 at 11:58
The US dollar recorded a decline against the Japanese yen on Wednesday. The currency pair lost only 11 pips at a closing price of 110.47. The chart continued to grow above the moving averages, while the relative strength index remained neutral. Technically, the bulls remain in the lead, and immediate support is 109.90.
forex_trader_522388
Member Since May 17, 2018
1 posts
Jul 06, 2018 at 06:41
This pair bounced off the 110.25 level breaking intraday resistance at 110.55 to the upside, price has now retraced to retest breakout level at 110.55 area, thus presenting a good opportunity to go long from a technical perspective... stops should be just below 110.25 with first target at 111.10 level. Be cautious as significant news release is lined up tomorrow which can easily push market in any direction.
