USD/JPY analysis

fxstrategist

Active member
Apr 10, 2014
558
15
28
Usdjpy

There could be a long entry opportunity on the USDJPY above the 113.00 level, but the pair has failed to confirm a breakout above that level, I think it would be wise to wait for confirmation of the breakout and go long on the pullback to the same 113.00 level.
 
Dec 9, 2015
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My short position reached the target at 112.60 but I haven't closed it. Instead I opened another one, both with target 112.00.
 

fxstrategist

Active member
Apr 10, 2014
558
15
28
Usdjpy

The USDJPY bounces again to the downside from the 113.00 level, but it is consolidating. The 112.00 level is still its nearest support.
 
Jun 30, 2017
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Thursday was fourth consecutive volatile day for the dollar-yen currency pair. The day brought 7 pips to the US dollar assets. Its start was set at 112.74 and its end came at 112.81. During the day the bulls broke the first resistance to record a peak at 112.91 and the bears took their bottom at 112.41.
 
Jun 30, 2017
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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 112.62, losing 0.17%. I believe that support is now at around 112.33, Wednesday's low, and the resistance is at 113.44, the maximum of Friday's trading.
 
Jul 8, 2017
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The dollar recorded a volatile session against the yen on Tuesday. Ultimately, the final was put in favor of the Asian currency. Trading started at a rate of 112.67, with early bearish mood dominating. As a result, the two supports at 112.30 and 112.12 were punctured after the pair hit bottom at 111.98. The dollar then recovered some of the losses.
 
Jul 8, 2017
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Key levels to watch for:
Support: 112.30; 112.12;
Resistance: 113.47; 113.84;
 
Jun 30, 2017
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The dollar / yen tried to lower yesterday, forming a bottom at 111.98, but closed slightly higher at 112.44. The signals are neutral so far, but the price is still in the bears phase after the downward pin bar formation at the key resistance of 113.20. Immediate support is seen at 111.65. A clear breakthrough and daily closure below this level will open the doors to 111.00 - 110.65.
 
Jun 30, 2017
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The dollar / yen did not make a substantial move yesterday. There is no change in my technical predictions. Expectations remain neutral in the short term, but the price is still in the downstream phase after the formation of the bearish pin bar at the key resistance 113.20. Support for the day we have at 111.65. A clear breakthrough and daily closure below it will clear the way down to 111.00 - 110.65. Generally I remain neutral.
 
Dec 9, 2015
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USD/JPY is relatively bearish and the resistance at 113.40 is still holding. I think that if it falls below 112.00 it will continue depreciating at least to 111.20 - 111.00.
 
Apr 8, 2014
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Usd/Jpy has just recovered 112 level, as long as the pair trading above it's long term critical support level at 111.10, I believe the risk remains on the upside.