The US dollar recorded a rise against the Japanese yen on Monday. The currency pair opened at 109.15 and ended 45 pips higher. Graphics continued to grow below moving averages, while the relative strength index remained neutral. In case the upward movement continues we can expect a test of the second resistance at 111.00.
The US dollar recorded a significant rise against the Japanese yen on Tuesday. The session started at 109.60 and the dollar added 107 pips. If the direction continues upward, we can expect an attempt to test the first resistance at 111.00. Otherwise, in the downward direction, the pair will head to the first support at 109.50.
The US dollar recorded a decline against the Japanese yen on Thursday. Session started at 110.18 and after a volatile session the currency pair lost 63 pips. Short-term outlook remains neutral. Breaking the psychological limit at 109.50 is likely to direct the pair to 108.40.
The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 109.19, losing 0.36%. I believe that support is now at around $ 108.60, the low of Friday's trading, and the resistance is likely at 110.95 - the maximum of Wednesday.
The US dollar recorded a fall against the Japanese yen on Friday. The session started at 109.55 and the currency pair fell 40 pips. Daytime extreme values were reached at 108.59 and 109.59, respectively. At the end of the session one dollar was exchanged for 109.15 Japanese yen.
The US dollar lost another 40 pips against the Japanese yen during the Monday session. The day was opened at an exchange rate of 109.36, and at the end of the session it was 108.96. Daytime extreme values were reached at 109.41 and 108.63, respectively.
The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 110.84, adding 0.52%. I believe that support is now at around 108.14, Monday's low, and resistance is likely at 111.33, the high of Friday's trading.
The US dollar was down against the Japanese yen on Friday. During Asian trading, USD/JPY was trading at 112.45, losing 0.02%. I believe that support is now at 110.88, Monday's low, and resistance is likely at 112.72, Thursday's high.
The US dollar was down against the Japanese yen on Friday. During Asian trading, USD/JPY was trading at 112.45, losing 0.02%. I believe that support is now at 110.88, Monday's low, and resistance is likely at 112.72, Thursday's high.
The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.99, losing 0.43%. I believe that support is now at 110.88, Monday's low, and resistance is likely at 112.72, Thursday's high.
The US dollar recorded a rise against the Japanese yen on Tuesday. The session started at 111.72 and finished 50 pips higher. Graphics continued to grow above the moving averages, while the relative strength index remained neutral. In the short term, positive attitudes prevail, with levels at 110.90 and 112.90 continuing to play a key role in the upcoming direction.
The US dollar recorded a decline against the Japanese yen on Thursday. The session started at 112.81 and the price managed to double the resistance at 112.90. After all, the dollar ended at 112.33 and in case the price continued to fall, the dollar would head to the first support at 110.90.
The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 112.50, adding 0.18%. I believe that the support is now located at around 111.47, Monday's low, and resistance is likely at 113.27 - the maximum of Wednesday.
i recently went to a trading seminar and the guy said: - u can either trade using tech analysis or fundamental analysis. - either way u only need to concentrate on one and NOT both. is that really true when it comes to forex?
Ignored
Hogwash in all trading not just Forex imho. Why would you restrict yourself from anything that might give you an edge?
I live entirely from the growth of my personal trading account
On Monday, the currency pair dollar/yen recorded a volatile session. The day was opened at 112.62, and at the end of the day the pair reached 112.75. The rate repeatedly resisted the resistance at 112.90, but failed to establish itself above it. This brought a peak for the bulls at 113.05, and the bears only reached the bottom at 112.44.
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.
