Trading Outlook – USD/JPY

idimitrov

Master Sergeant
Messages
611
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.
 

deresel

Sergeant
Messages
705
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.
Interesting levels to consider.
 

idimitrov

Master Sergeant
Messages
611
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.
 

deresel

Sergeant
Messages
705
USD/JPY is approaching the strong level of 114.00. There is a big chance for downwards correction.
 
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idimitrov

Master Sergeant
Messages
611
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.
 

idimitrov

Master Sergeant
Messages
611
The last day of the week the dollar recovered from the recent weakness and tries to hold 112.00 level with usd/jpy.
 
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