USD/JPY analysis

[sammy17]

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.

 

[fxstrategist]

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.

 

[sammy17]

The pair will face the Daily resistance level at 112.80, so bearish retracement may start

 

[Blackened]

After marking its highest level in more than a month at 112.16, the USD/JPYpair eased down as the latest trade headlines weighed on the market sentiment and supported the Japanese Yen. On the four hour time frame the price is developing well above its 100-day and 200-day SMAs both showing good upward traction. RSI and stochastic keep retreating from their overbought readings, but still remain situated into the positive territory. This situation is showing the limits of the downside potential, at least as it holds above the 111.40 – 111.50 area, the former resistance. A break through 112.15 should lead to a steeper advance which can extend up to 113.17, the July's high.

 

[Poppyseed]

The pair is appearing to be trading in the positive territory, but bullish trend yet needs to be confirmed. Immediate resistance can be found at 112.15/20 zone.

 

[Blackened]

USD/JPY pushed higher today and spent whole day hovering around the 112.00 hurdle. The momentum beyond this level is likely to be extended towards 112.60, where is located the first resistance before eventually bulls set next target at 113.00.

 

[Poppyseed]

Usd/Jpy continues trading within the range while staying in positive territory. Upside seems to have lost its strength, but giving its holiday in Japan, I'm expecting the pair consolidation continues.

 

[Wilson80]

This currency pair seems very choppy for now. I think is because of the US trade wars and tomorrow we have the BoJ Monetary Policy Statement that can also shake the USD/JPY.

 

[Blackened]

USD/JPY gained good traction in the last hours today and marked its highest level since July 20 at 112.38 before retreating slightly. As of writing, the pair is trading at 112.35 and technical indicators on the hour hour time frame are supporting the upward strength. Next bullish target is seen around 112.50 -122.60 area.

 

[Blackened]

USD/JPY is trading flat around 112.30 and is having difficulties to set its next short-term direction today. The pair is confined withing tight range since breaking the August high. On the four hour time frame the indicators have turned horizontal and are showing lack of directional strength, but yet remain within positive territory. The price is developing well above its moving averages, with the 100 SMA now some 100 pips below the current level, but all of them are aiming north. Should the bulls manage to extend its march, the next relevant target is seen at 113.17 (the July's high).

 

[Blackened]

USD/JPY gained traction today and touched a fresh two-month high at 112.58. The pair moved into consolidation phase and currently is trading at 112.48. which is up with 0.2% for the day. Technically spekaing the short term outlook remains neutral to bullish stance, as ont he four hour time frame the price is developing well above its bullish moving averages. RSI is consolidationg around 60, while stochastic is showing strong bullish momentum. The 112.10 are comes as immediate support and resistances are seen at 112.50, 112.90 and 113.20.

 

[fxstrategist]

The USDJPY keeps its bullish trend

The USDJPY rallies again and it may reach the 113.00 level where it could find a resistance again. In case of a pullback, the 112.14 level may act as support.

 

[Wilson80]

The pair seems unstoppable, still pushing upward, however, I see strong resistance near 113.176 (major swing high) and 113.386 (2018 high).

 

[Blackened]

USD/JPY is strading around 112.60 and a downward correction is expected in case of breaking this level. On the four hour time frame the price remains well above its bullish 100-day and 200-day SMAs, while technical indicators are losing directional strength, but yet remain well above their mid-lines and this is suggesting limited selling interest.

 

[Poppyseed]

The pair seems to enter correction mood just below 112.60 level, appears no clear directional strength short-term. Immediate support can be found at 112.15 and resistance at 112.85.

 

[hatemypips]

Good job, going to sell yen more next week, BoJ was extremely dovish and probably didn't live up to any bullish hope

 

[sho39]

usdjpy is going to hit 113 level but may be sellers again take control on that level and take it down to 109.......

 

[Blackened]

USD/JPY keeps the positive tone above mid 112s. On the four hour time frame the price is developing well above its bullish moving averages. Stochastic extends its bounce from its mid-line, heading higher, while RSI has lost directional strength around 60 level. at around last week's high. The pair, however, would need to clear 112.85. First support is seen at 112.45, next at 112.15 and lower at 111.80. Resistances levels are 112.85, 113.20 and 113.50.

 

[Poppyseed]

News day, ''safe haven'' Yen reacted and remain bullish. The pair is consolidating its gains at the end of the day, immediate resistance can be found at 112.86. I'm looking at critical 113.00 handle on the upside.

 

[sho39]

hiii guys, i think usdjpy is that pair which can give you consistent profits and its losses are also very bearable....
as it always move in range so if analyse carefully you can understand it move....