USD/JPY analysis

This is a discussion on USD/JPY analysis within the Forex forums, part of the Markets category; The US dollar was down against the Japanese Yen on Friday. By the end of trading session USD/JPY was traded ...

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Old Aug 14, 2016, 9:01am   #31
Joined Apr 2016
The US dollar was down against the Japanese Yen on Friday. By the end of trading session USD/JPY was traded at 101.27, shedding 0.68%. I believe that the support is now located at the level of 100.85, the low of Friday's trading, and resistance is likely to be at the level of 102.67 - a maximum of Monday.
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Old Aug 14, 2016, 1:33pm   #32
Joined Oct 2014
Bearish on this pair.
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Old Aug 14, 2016, 6:49pm   #33
Joined Nov 2015
Key levels to watch for:
Support: 100.65; 100.15; 98.90;
Resistance: 103.05; 105.30; 107.90.
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Old Aug 22, 2016, 12:19am   #34
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The US dollar rose against the Japanese Yen on Friday. By the close of trading USD/JPY is traded at 100.21, gaining 0.32%. I believe that support is now at around 99.53, Tuesday's low, and resistance is likely to be at 101.47 - a maximum of Monday.
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Old Aug 22, 2016, 12:43am   #35
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The Japanese yen is trading at maximum value against the US dollar since the 20th of June. For the whole week it hasn't resolved the issue of the circular level 100. What is the cause? The main reason I highlight, is coming from the authorities, that if the yen fluctuations become too harsh, the Ministry of Finance will have to take drastic measures, and that the probability of easing of monetary policy in the next month, September, is more than 50%. From my point of view, now it can act as sufficiently important reason to start purchases.
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Old Aug 22, 2016, 2:02pm   #36
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Key levels to watch for:
Support: 99.51; 98.96;
Resistance: 102.65; 105.08.
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Old Aug 22, 2016, 2:18pm   #37
Joined Nov 2015
Dollar/yen continued downward momentum last week, bottomed at 99.53. The pair was traded higher earlier this morning and hit 100.92. The signals are up for testing 101.15/50 in the near future. A clear break above that area could trigger further bullish pressure testing 102.00, but basically I still prefer a bearish scenario. Immediate support is at 100.30, whose breakthrough could lead the price to neutral zone for testing 90.50.
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Old Aug 25, 2016, 8:52am   #38
Joined Apr 2016
The yen fell on Thursday during the Asian trading session, after the Corporate Services data showed a larger-than-expected increase, and the market keeps cautious ahead of tomorrow's speech the Fed chairman. USD/JPY was trading at 100.48, gaining 0.03%
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Old Aug 25, 2016, 6:03pm   #39
Joined Nov 2015
Key levels to watch for:
Support: 99.51; 98.96;
Resistance: 101.16; 102.65.
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Old Aug 26, 2016, 9:42am   #40
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The dollar registered a neutral session against the yen on Thursday. The pair traded in a narrow range, the difference between the highest and lowest value for the day was only 32 pips. Trade was open by a rate of 100.43, and the finish line was crossed at a price of 100.53, if the positive momentum from Wednesday continues in future, the couple will overcome the resistance at 101.16.
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Old Aug 26, 2016, 10:05am   #41
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The US dollar was down against the Japanese Yen on Friday. By the end of the trading session USD/JPY was traded at 100.45, shedding 0.08%.
I believe that support is now at around 99.91, Tuesday's low, and resistance will be at the level of 100.94 - a maximum of Monday.
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Old Aug 27, 2016, 1:21pm   #42
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Bullish on the pair.
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Old Aug 29, 2016, 12:24am   #43
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The risk remains on the upside, but on the downside critical support level can be seen around 101.00 level.
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Old Sep 2, 2016, 7:35am   #44
Joined Apr 2016
The US dollar was down against the Japanese Yen on Friday. By the close of Asian session USD/JPY was trading at 103.21, shedding 0.01%.
I believe that the support is now located at around 101.73, Tuesday's low, and resistance is at the level of 104,00 - the maximum of Thursday.
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Old Sep 2, 2016, 8:27am   #45
Joined Nov 2015
USD/JPY
The pair broke a two-day positive series on Thursday after failing to overcome the psychological barrier at 104.00. The US dollar fell by about 20 pips to a closing price of 103.22 but managed to remain profitable since the beginning of the week. The bottom of the session was reached at 103.05. The price remains above the rising moving averages, but RSI lost positions, putting the Bulls to the test.
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