USD/JPY Today for Newbies need confirmation

USD/JPY
Key levels to watch for:
Support: 109.79; 109.00;
Resistance: 112.84; 113.47.

The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 111.10, adding 0.26%. I believe that support is now at around 110.13, the low of Friday’s trading, and the resistance is likely at 111.61, Monday’s high.

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 108.65, losing 0.40%. I believe that support is now at around 108.55, the low of Friday’s trading, and the resistance is likely at 111.58, Monday’s high.

The US dollar recorded a rise against the Japanese yen on Wednesday. The currency pair opened at 108.41 and ended 44 pips higher. Daytime extreme values ​​were reached at 108.37 and 109.17, respectively. In case the price continues to rise the pair will move to the first resistance at 109.50.

USD/JPY
Key levels to watch for:
Support: 107.70;
Resistance: 109.50; 111.00; 114.00;

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 109.10, losing 0.20%. I believe that support is now at around 108.11, Monday’s low, and resistance is likely at 109.49, Thursday’s high.

The dollar/yen had a strong upside momentum yesterday, reaching a peak of 111.18 and hit 111.42 earlier today during the Asian session. Trade signals are bullish. The price breaks above the resistance trend line, suggesting potential short-term retesting prospects of 112.20. The closest support is 110.85 (the daily EMA 200), whose breakthrough can take the price to a neutral zone and the direction will become obscure.

Dynamic trade recorded the dollar against the yen on Wednesday. Bulls again prevailed in the opening hours, continuing the positive momentum of Tuesday. So the start was set at a price of 111.07 and the resistance at 111.55 was broken after the pair reached a peak for the day at 111.77. Immediately afterwards, however, the trend changed sharply and the finish line was at a rate of 111.05.

USD/JPY
Key levels to watch for:
Support: 108.28; 107.73;
Resistance: 111.55; 112.20;

The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 112.72, gaining 0.22%.
I believe that support is now at 111.18, Monday’s low, and resistance is likely at 113.05 - Thursday’s high.

The dollar rose against the yen on Friday: the pair USD / JPY rose by 0.22% to 112.71 close to the seven-week high of Thursday - 113.04 after a good NFP report. Still, the dollar remains under pressure and, in my opinion, a decline from recent levels is seen - 108.50, followed by 106 levels.

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY is trading at 113.38, losing 0.43%. I believe that support is now at 112.36, Monday’s low, and resistance is likely to come in at 114.39, Thursday’s high.

USD/JPY
Key levels to watch for:
Support: 111.00; 109.50;
Resistance: 114.00; 115.40.

The US dollar fell against the basket of other major currencies on Friday after the publication of weak economic reports in the US on inflation and retail sales. Against the backdrop of these reports, the probability of an increase in the Fed’s interest rate has declined.
The dollar rate fell to a minimum in two weeks against the yen. The pair USD / JPY fell 0.43% to 113.37. On Thursday, the dollar reached a two-month high against the yen 114.36.

Political risk has taken a big toll on the USDJPY and the pair drops rapidly to the 111.21 level, which is a 50% retracement of the latest rally on the daily chart.

The dollar / yen had a strong bearish momentum yesterday, forming a bottom at 110.78 and hit 110.51 earlier this morning. The price fell back below the trend line, as shown in the four-hour chart, which suggests a downside scenario for a false breakthrough. The views are down for testing at 110.00. A clear breakthrough and daily closing below this level will open the doors to 108.13. The closest resistance is seen at 111.25, whose breakthrough can take the price to a neutral zone, but the longer the pair stays below 112.00, I prefer the scenario down in this phase.

The dollar collapsed against the yen on Wednesday. The US currency has completely lost the positions accumulated over the last few sessions. Thus the pair broke the two supports, respectively at 112.34 and 111.85. If the bearish sentiment continues in the future, the key level at 110.08 will be tested. Trading was open at a price of 113.10, while the bearish moods prevailed all the time. The bottom of the day was hit at 110.78, and the final was just two pips higher.

USD/JPY
Key levels to watch for:
Support: 112.34; 111.85; 110.08;
Resistance: 114.37; 115.51.

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.26, losing 0.20%. I believe that support is now at around 110.21, Thursday’s low, and resistance is likely at 113.86, Monday’s high.

The Japanese currency lost 48 pips against the dollar on Tuesday. The opening rate was 111.29, and for most of the day the currency pair moved around the first support at 111.20. In the early hours of the day a bottom was recorded at 110.85, and at night the course climbed to a peak of 111.85. The last quote for the day was 111.77.