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14/08/2018

The US dollar is rising against the yen on Tuesday. The exchange rate rose till 111.15 during European early morning and now, at 08h00 UTC trades 5 pips below the high of the session, so far.
If the motion north persists, the next target may lie at 111.48, where the weekly R1 is located at. The weekly PP stands at 110.99. On the other hand, a relaxation would prompt the exchange rate to test the weekly S1 located at 110.44.
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ABOZAHRA74 14 Aug.

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31/07/2018

The US dollar is rising against the yen on Tuesday morning European session.
The exchange rate trades at 0640 UTC near the 111.15 area, slightly below the upper boundary of the hourly Bollinger bands (111.20).
The hourly RSI ticks at 70 and signals that a correction is likely during this session. Note that the 20, 55 and 100-hour SMAs are all positioned near the 111.05 area. The weekly PP is located at 111.07. If the previous mentioned area within 111.05/07 is breached, the next target may lie o…
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13/07/2018

The US dollar is flat against the yen on Friday morning European session.
The exchange rate moved higher during the Asian session and reached the 112.70/80 area. Though, at 0715 UTC it is struggling to move above there.
Note that the weekly R3 is located at 111.84 and the exchange rate seems to be consolidating above the 112 level.
The previous close above the 112 level opens the door till the 113 level.
The hourly RSI ticks at 68.22 and before the next move higher occurs, the exchange rate will…
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19/06/2018

The US dollar is easing against the yen on Tuesday morning European session.
The exchange rate trades at 109.70 (at 0840 UTC) above the lower boundary of the hourly Bollinger bands, which is located near 109.45.
The 20-hour SMA is positioned at 110.18 and may offer short-term resistance. Above it, a cluster formed by 55 and 100-hours SMA located within 110.39/45 may hinder any significant surge during today's session if any will occur.
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23/03/2018

The US dollar is easing against the yen on Friday.
The exchange rate dipped below the 105 twice (yesterday at the end of the session and today in late Asian turnover). Both falls were hindered at the weekly S2 (104.61).
The lower boundary of the hourly Bollinger bands is located at 104.50 and at 0815 GMT the exchange rate trades near the 105.10 level. The 20-hour SMA is located at 105.15 and the weekly S1 is positioned at 105.31.
The upper boundary of the hourly Bollinger bands combined with the…
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08/03/2018

The US dollar is trading above the 106 level at 1025 GMT on Thursday.
The exchange rate rose yesterday after the beginning of the North American session towards the above mentioned level. That from the 105.50/60 area.
To reconquer the 107 level, the exchange rate needs first to overcome the weekly pivot point located at 106.23. There, at the 106.20 area also lies the upper boundary of the hourly Bollinger bands.
The breakout scenario seems more likely as strong support is now offered by several …
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22/02/2018

The US dollar is easing against the yen on Thursday after Wednesday' surge.
The exchange rate rose yesterday twice towards the 107.90 level, though resistance imposed at that level deterred it from testing the weekly R1 (108.33).
At 1120 GMT, the exchange rate is gravitating around the 107.30 and beneath the previous mentioned level lies the lower boundary of the hourly Bollinger bands at 107.17.
The upper boundary of the hourly Bollinger bands emerges at 107.85, which is positioned at the same …
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21/02/2018

The US dollar rose against the yen in early Asian session turnover. The exchange rate peaked at 107.90.
At the beginning of the European session gains are being consolidated near the 107.50 area, where the 20-hour SMA is located at (107.49).
Another push lower would likely lead the exchange rate towards the 107 - 107.20 area, where the 55-hour SMA and the lower boundary of the hourly Bollinger bands are both located at. Slightly below the previous mentioned range, lies a more significant rationa…
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14/02/2018

The US dollar eased against the yen on Wednesday during the Asian session.
Losses are now being consolidated at the beginning of the European session. The exchange rate has fallen till the 106.80 area, where it found the support of the weekly S2 (106.79).
At 0855 GMT, the exchange rate trades above the 107 level, more precisely at 107.35, below the 20-hour SMA located at 107.52.
The hourly RSI ticks near the 40 area, which prompts the recognition that the consolidation wave is done, until anothe…
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13/02/2018

The US dollar is easing against the yen on Tuesday.
The exchange rate has fallen below the weekly R1 (107.79) during the Asian session and remains below it at 0855 GMT.
If the exchange recovers the inflicted losses, the next target may lie on the 20-hour SMA somewhere in the 108.50 area. The hourly RSI ticks below 20.
The weekly pivot point is located at 109.05 and the weekly S2 at 106.79.
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