USD/JPY analysis

This is a discussion on USD/JPY analysis within the Forex forums, part of the Markets category; The dollar advanced against the yen on Tuesday. The US currency justified the positive expectations and so the pair approached ...

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Old Nov 29, 2017, 1:39pm   #537
Joined Jun 2017
The dollar advanced against the yen on Tuesday. The US currency justified the positive expectations and so the pair approached the resistance at 111.87. If the bullish sentiment continues in the future, it will be pierced. The session started at 111.08 and the trend was volatile. Peak for the day was reached at 111.63, and the final line was truncated 17 pips down.
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Old Nov 30, 2017, 8:28pm   #538
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The pair made a move to the upside today, despite depreciation of the US dollar.
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Old Nov 30, 2017, 9:04pm   #539
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Very strong bullish correction on the Daily timeframe
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Old Dec 2, 2017, 10:02am   #540
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The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 112.19, losing 0.30%. I believe that support is now at 110.83, Monday's low, and resistance is likely at 112.88, the maximum of Friday's trading.
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Old Dec 2, 2017, 11:31am   #541
Joined Nov 2017
The trend on the H1 timeframe reversed and it's bearish now, so it coincides with the Daily trend, that's why the price mark of 111.07 can be considered as the first primary target when selling.
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Old Dec 6, 2017, 10:03pm   #542
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Usdjpy

The USDJPY has been very volatile lately and it bounces from the 113.00 level to the downside. The pair has been socillating around the 55 day EMA at the 112.42 level, but it may fall to the 200 day EMA at the 111.79 level.
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Old Dec 7, 2017, 9:51am   #543
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The pair will face the Daily resistance level at 112.80, so bearish retracement may start
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