USD/JPY

Usd/Jpy seems has turned from bearish to neutral short term, found support level at 110.75, but maybe it is too soon to say the bearish trend is over.

The USDJPY attempted to push lower yesterday bottomed at 110.75 but closed higher at 111.33, printed a bullish pin bar on daily chart as you can see on my daily chart below. The bias is neutral in nearest term. Immediate resistance is seen around 111.60 area. A clear break above that area could trigger further bullish pressure testing 112.00 area and give the bullish scenario another chance. Immediate support is seen around 110.75. A clear break and daily close below that area would invalidate the bullish pin bar scenario and resume the bearish run testing 110.00 area or lower.

Currently the pair is consolidating aorun 61.8% Fibonacci retracement od its latest bullish run and according to technical indicators on h4 the chances for steeper advance are limited. The upside is still capped by 111.45 where the 100-day SMA is developing while the donwside remains supported by the 110.80 – 110.70 zone.

113.40 looks good to take a short.

Bearish for the next week. Good opportunity for long at 109.80.

The USDJPY had another indecisive movement yesterday but slipped below the low of the mother bar (110.75) as you can see on my daily chart below. This fact not only creates a bearish signal but also invalidates the bullish pin bar scenario. The bias is bearish in nearest term testing 110.00 region (daily EMA 200). Immediate resistance is seen around 111.15. A clear break above that area could lead price to neutral zone in nearest term testing 111.55 area.

USD/JPY closed little changed around 110.00. Fist support the pair will meet at 110.70 ahead of the 110.00 handle. The upside provides initial resistance at 111.55 and higher at 112.20.

Usd/Jpy is consolidating within the range between 110.56 to 111.50 ahead of BoJ this week. Only break out will determine the direction of the pair.

The USDJPY was indecisive last week but overall still able to maintain its bearish phase following a failure to break above 113.00 level as you can see on my daily chart below. The bias is neutral in nearest term. The inside bar bearish scenario triggered by a move below 110.75 also remains valid and can only be invalidated by a move above 111.55, with nearest bearish target seen around 110.00 region.

USD/JPY is trading around 112.00 amind mixed US ecomonic data and eyeing Fed. Yet the 112.20 remains immediate resistance, while the dowside is supported by 110.60.

USD/JPY rallied this morning to 111.80 but currently is hovering around 111.70. Whether the pair will keep its direction depends ot the NFP outcome today.

Usd/Jpy is trading almost flat around 111.20, I expect the pair would stay neutral as long as it stays above the immediate support level at 110.59.

USD/JPY is trading well above 111.00 as the greenback is still influenced by the economic fundamentals from last week. Now first resistance is seen at 111.85 region, above which the pair is likely to test the 112.00 handle.

The pair is almost back into the downward trading channel. I expect more to the downside.

USD/JPY is trading flat for the day, around 111.00 figure. Technical indicators on the H4 are pushing higher, but not enough to reach the resistance at 111.20.

The pair opens the week with a small gap down, the risk remains on the downside and found support level at 110.10.

It's appreciating now, but I'm bearish. Below 110.00 the bearish continuation should be confirmed.

Dollar / yen made a bullish momentum yesterday, forming a peak at 111.31 and hit 111.43 earlier this morning after the rebound from EMA 200. Views are bullish in a short time for testing 111.55 - 112.00. Intrady support is 111.00. A clear break below it can take the price to a neutral trading area with testing at 110.75 or below.

USD/JPY is developing around its moving averages on the H4, but yet is unable to surpass them. RSI and stochastic are turning to north and bulls might conquer soon the 111.00 level.