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USD/JPY
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.
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.
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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 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.
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.
