USD/JPY analysis

[csc2009]

Usd/Jpy has recovered from the bearish gap after Italy's ''no'' referendum vote, the pair is back to around 113.80 level. I'm expecting short term consolidation between 113.80 to 114.84.

 

[dianajs]

I tentatively opened a long position due to the inverted hammer bar on the daily time frame above the support at 113.00. However, the pair has also formed double top at 114.80 so whether it will break above that level is uncertain at the moment.

 

[fxstrategist]

Usdjpy

The bullish trend on the USDJPY is still on, even though at the moment the pair is consolidating around the 114.00 level. A breakout of the 114.80 level is possible.

 

[dianajs]

The pair is consolidating sideways. I think that if it breaks out below 114.00 it will drop towards 113.20 again.

 

[deresel]

The pair recorded moderate growth on Tuesday in a second consecutive positive session. The US dollar climbed by 17 pips to 113.98, having traded within the extreme values ​​114.18 and 113.49. USD/JPY continues to move over the rising moving averages, keeping positive attitudes, as RSI remains in neutral territory. A break of 112.90 will however change the short-term sentiment.

 

[deresel]

Key levels to watch for:
Support: 112.90; 111.45; 109.75;
Resistance: 114.80; 115.90; 117.20.

 

[marketwizard123]

In fact i am watching this increase its falls by the second now: http://www.stock-trkr.co.uk/live-charts/forex/usd_jpy_live_chart

 

[idimitrov]

Dollar retreated moderately against the yen yesterday. The decline, which amounted 25 pips to 113.73, managed to erase gains from Tuesday. The final figures for the day were reached respectively at 114.39 and 113.41. RSI remains in neutral territory as the price continues to move in a narrow range over the 50-period average value. A break of 114.80 will resume the upward direction.

 

[dianajs]

I have a long on this pair, my TP is at 114.50. Sideways consolidation continues for the moment.

 

[csc2009]

The pair upward momentum remains strong, but I'm expecting some correction movement until Wednesday Fed's interest rate decision.

 

[dianajs]

USD/JPY is trading flat in preparation for the FED interest rate decision. In my opinion, the news will cause a drop, but whether that will happen will become clear in a few hours.

 

[idimitrov]

A day before the announcement of the lifting of the US base rate by the Fed, the dollar marked a slight increase against most currencies. USD/JPY closed Tuesday with a decline to 115.18.

 

[deresel]

Slight increase noted the dollar against the Japanese yen on Tuesday. Short-term expectations remain in favor of the US currency. In this case the couple can make a new test of resistance at 116.12. The session was opened to a rate of 115.01 and the dollar gained almost 17 pips to the finish. The trade was volatile, with the highest value for the day had reached the level of 115.47.

 

[deresel]

Key levels to watch for:
Support: 113.08; 112.52;
Resistance: 116.12; 117.48.

 

[idimitrov]

The US Federal Reserve raised its key rate to a range of 0,50-0,75 per cent per annum, and said that it is waiting for three increases in 2017.
By 20.00 GMT USD/JPY rose by 104 pips to 116,36.

 

[deresel]

The dollar recordеd a successful session against the yen at the end of the week. The pair broke the first resistance at 117.48, while short-term expectations remain in favor of the US currency. In this case, the pair may test the key level at 118.84 soon. Trading was closed at a rate of 117.91.

 

[deresel]

Key levels to watch for:
Support: 115.28; 113.08; 112.52;
Resistance: 118.84; 121.45.

 

[Unique Forex]

I'm watching the 116.12 figure for a dip buy...

 

[csc2009]

The pair probably will continue its consolidation movement as long as support level 117.00 still holds.

 

[dianajs]

The pair rebounded from 116.54 after forming a spinning top bar on the 30M time frame. I think the move to the upside will continue towards the previous high at 118.65.