1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Trading Outlook – USD/JPY

Discussion in 'Jarratt Davis- Trading Signals' started by Jarratt Davis, Dec 19, 2014.

  1. deresel

    deresel Sergeant

    Joined:
    Nov 16, 2015
    Messages:
    705
    Likes Received:
    3
    USD/JPY: Bullish for now. Next target: 110.70.
     
  2. deresel

    deresel Sergeant

    Joined:
    Nov 16, 2015
    Messages:
    705
    Likes Received:
    3
    Bearish with USD/JPY. Next target: 110.00.
     
  3. deresel

    deresel Sergeant

    Joined:
    Nov 16, 2015
    Messages:
    705
    Likes Received:
    3
    USD/JPY: Market loves round numbers. 110.00 is a good target.
     
  4. idimitrov

    idimitrov Master Sergeant

    Joined:
    Apr 9, 2016
    Messages:
    611
    Likes Received:
    6
    The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.03, adding 0.25%. I believe that support is now at the level of 110.38, the low of Friday's trading, and the resistance is likely at 111.76 - the maximum of Wednesday.
     
  5. deresel

    deresel Sergeant

    Joined:
    Nov 16, 2015
    Messages:
    705
    Likes Received:
    3
    Interesting levels to consider.
     
  6. idimitrov

    idimitrov Master Sergeant

    Joined:
    Apr 9, 2016
    Messages:
    611
    Likes Received:
    6
    The US dollar was up against the Japanese yen on Friday. By the close of US trading, USD/JPY was trading at 113.70, gaining 0.28%. I believe that support is now at 112.28, Monday's low, and resistance is likely at 113.70, the high of Friday's trading.
     
  7. deresel

    deresel Sergeant

    Joined:
    Nov 16, 2015
    Messages:
    705
    Likes Received:
    3
    USD/JPY is approaching the strong level of 114.00. There is a big chance for downwards correction.
     
    Joh likes this.
  8. idimitrov

    idimitrov Master Sergeant

    Joined:
    Apr 9, 2016
    Messages:
    611
    Likes Received:
    6
    The US dollar fell against the Japanese yen on Friday. By the close of US trading, USD / JPY is trading at 113.72, losing 0.15%. I believe that support is now at around 113.51, Tuesday’s low, and resistance is likely at 114.56, high on Thursday.
     
  9. idimitrov

    idimitrov Master Sergeant

    Joined:
    Apr 9, 2016
    Messages:
    611
    Likes Received:
    6
    The wave is slowing down on USD/JPY.
     
  10. idimitrov

    idimitrov Master Sergeant

    Joined:
    Apr 9, 2016
    Messages:
    611
    Likes Received:
    6
    The last day of the week the dollar recovered from the recent weakness and tries to hold 112.00 level with usd/jpy.
     

Share This Page