USD/JPY Today for Newbies need confirmation

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.

USD/JPY
Key levels to watch for:
Support: 111.20; 109.63; 108.30;
Resistance: 112.00; 114.25.

The dollar / yen tried to rise up yesterday, making a peak at 112.12, but collapsed down and closed at 111.48 after touching the trend line. Expectations are bearish for testing 110.85. Immediate resistance is around 112.00 / 12, which remains a good zone for placing short positions with narrow stops. A clear breakthrough over should erase the downtrend. Downwards, a clear break and a daily closing below 110.85 will open the doors to 110.00.

The US dollar was down against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.34, losing 0.44%. I believe that support is now at 110.84, Tuesday’s low, and the resistance is likely at 112.12 - the maximum of Wednesday.

Usd/Jpy is consolidating around 110/112 area, the pair is waiting for NFPs this week while lacking of directional strength.

The dollar / yen was indecisive yesterday, but traded lower today, hitting 110.76. The signals are bearish in the near future for testing at 110.25 / 00. A clear breakthrough and daily closure under this zone should open the doors to 108.00 this week. Immediate resistance is at 111.30. A clear break above this level may take the price to a neutral region, but the longer the pair is in line with the resistance line and the key resistance of 112.00, I prefer the bearish scenario at this stage and any upward pressure should be seen as a good opportunity For sales.

The US dollar recorded a negative session against the yen on Tuesday. The currency pair opened at 111.24 and the dollar managed to break the first support at 111.00 twice. The pair finished at 110.83 and in case the bearish trend keeps, there will probably be a breakthrough on the next support at 109.50.

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

Usd/Jpy fell sharply after London Bridge terror attack, the pair enter correction mood around 110.40/50 before another bearish breakout. Support can be found around 110.20.

USD/JPY will soon reach the support at 109.00. I think that it will continue depreciating toward the strong support visible on the weekly time frame at 108.60 – 108.00.

The pair is testing 110.00/10 resistance zone ahead of major Thursday events.

Yeah keep some shorts on Hotforex, target is at 108, elections, ECB and Comey will do the trick

The dollar again led the yen on Wednesday. During the day, the US currency added 41 pips to its assets. At the end of the session, one dollar swapped to 109.81 Japanese yen. The opening rate was 109.40 and the bottom of the day the rate was at level 109.11. Several times during the day the resistance at 109.63 was breached, but only the last one was confirmed with a daily peak of 109.87.

USD/JPY
Key levels to watch for:
Support: 109.63; 108.30; 106.44;
Resistance: 112.20; 112.75.

The US dollar recorded a significant increase against the Japanese yen Thursday. The session started at 109.55 and the dollar added 136 pips. Daytime extreme values ​​were reached at 109.26 and 110.97, respectively. If the direction goes up we can expect a resistance test at 110.00 levels.

The dollar / yen made a strong upward movement yesterday with a peak of 110.97 and hit 111.26 earlier this morning. The price breaks above the resistance trend line, as you can see in the four-hour chart, which should cancel out the downside. I’m still not in the Bulls camp, but short-term alerts are bullish with targets in the 111.70 - 112.15 area. The closest support is at 110.80. A clear break below it could take the price to a neutral trading area, but only a clear break below 110.35 will halt the current short-term bullish prospects.

USD/JPY
Key levels to watch for:
Support: 109.50; 108.40;
Resistance: 111.00; 114.00; 115.40.