USD/JPY
Medlem sedan Apr 09, 2016
421 inlägg
Jul 14, 2017 at 17:29
The dollar / yen tried to lower yesterday, making a bottom at 112.85, but closed higher at 113.28 and hit 113.57 earlier today. We have an upward pin bar near the 112.75 support, as can be seen on the daily chart, which suggests that the price is likely to be up for the upward rally after adjusting down from 114.50 on Tuesday. Traffic signals are bullish for testing at 114.00 - 114.50. On the downside, a clear break and a daily closing below 112.75 will activate my neutral model with short-term downside views.
Medlem sedan Nov 16, 2015
708 inlägg
Jul 14, 2017 at 17:33
USD/JPY
Key levels to watch for:
Support: 112.75; 111.20; 109.63;
Resistance: 114.50; 115.50;
Key levels to watch for:
Support: 112.75; 111.20; 109.63;
Resistance: 114.50; 115.50;
Medlem sedan Apr 09, 2016
421 inlägg
Jul 15, 2017 at 08:46
The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 112.54, losing 0.65%. I believe that support is now at 112.28, the low of Friday's trading, and resistance is likely at 114.51 - Tuesday's high.
Medlem sedan Apr 09, 2014
834 inlägg
Jul 17, 2017 at 06:49
It seems bears still in control, while the pair pullback enter consolidation mood, found support at 112.25.
Medlem sedan Dec 09, 2015
823 inlägg
Jul 18, 2017 at 09:56
I think the pair will continue falling. USD/JPY finally dropped to 112.00 and although the pair is still testing that support level I think that a breakout is possible and it could lead the pair to 111.50.
Medlem sedan Dec 09, 2015
823 inlägg
Jul 19, 2017 at 09:10
USD/JPY found support at 111.66 and despite the hammer bar that formed on the H4 time frame I do not think this is the end of the move to the downside. Today and tomorrow there will be BoJ news, I think the drop will depend on them.
Medlem sedan Dec 09, 2015
823 inlägg
Jul 20, 2017 at 10:48
USD/JPY finally rebounded more decisively from 111.54. I think next target to the upside will be around 112.65 - 112.70.
Medlem sedan Dec 09, 2015
823 inlägg
Jul 21, 2017 at 08:51
USD/JPY reached 112.40 before it renewed its move to the downside although it still hasn't broken out below 111.50. I think I will refrain from new shorts before a breakout.
Medlem sedan Oct 02, 2014
909 inlägg
Jul 21, 2017 at 17:33
The pair broke the immediate support at 111.50. Next stop i think is 110.
Positivity
Jul 23, 2017 at 06:42
arigoldman posted:Maybe, this is right, lemme check...
The pair broke the immediate support at 111.50. Next stop i think is 110.
Reverse Pattern can't be validated. and there's possibility in bearish continuation.
i think you have a point there.😉
Medlem sedan Apr 09, 2016
421 inlägg
Jul 23, 2017 at 18:03
The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY is trading at 111.12, losing 0.71%. I believe that support is now at 111.02, the low of Friday's trading, and the resistance is likely at 112.88, Monday's high.
Medlem sedan Apr 09, 2014
834 inlägg
Jul 24, 2017 at 06:52
The pair remains strong bearish tone, immeidate support can be found around 110.70 zone, further decline is expected.
Medlem sedan Dec 09, 2015
823 inlägg
Jul 24, 2017 at 10:09
USD/JPY broke out below 111.50. The trend remains very bearish and I think the drop will last at least until the pair reached 109.50 - 109.30.
Jul 25, 2017 at 06:15
I have monthly support at 110.564 and I feel may reverse from here.
Leaving a nice wick to the down side says there's bulls in this area and price may ride back up to my weekly
Resistance at 111.641
Leaving a nice wick to the down side says there's bulls in this area and price may ride back up to my weekly
Resistance at 111.641
You will never go broke taking profit.
Medlem sedan Dec 09, 2015
823 inlägg
Jul 25, 2017 at 10:36
USD/JPY rebounded from 110.60 after all and it formed a spinning top bar on the daily time frame. I don't think that the move to the downside is over in the long term, but for the moment we could see some retracement.
Medlem sedan Nov 16, 2015
708 inlägg
Jul 25, 2017 at 15:01
The US dollar recorded a volatile session against the Japanese yen on Monday. The currency pair opened at 111.08 and the price managed to break the first support at 111.00 twice. Eventually, the pair finished at 111.08 and if the bear trend continues, we can expect a new test of the first support level at 111,000.
Medlem sedan Nov 16, 2015
708 inlägg
Jul 25, 2017 at 15:03
USD/JPY
Key levels to watch for:
Support: 111.00; 109.50; 108.40;
Resistance: 114.00; 115.40.
Key levels to watch for:
Support: 111.00; 109.50; 108.40;
Resistance: 114.00; 115.40.
