Japanese Yen insight USDJPY for November 15, 2017
the US Dollar is trading at 113.73 against the Yen, 0.11% higher
Japan’s preliminary 3Q GDP data, set to release overnight.
Earlier, a weak signal was received to sell the Dollar/Yen
USDJPY -0.23% on the daily time frame seems to have entered a new downtrend. You can see that the lower range of the previous uptrend has been broken and its now forming waves of the new downtrend.
CURRENCY TRADERS The Japanese Yen insight Currency pair USD/JPY US Dollar to Japanese Yen is trading at 113.55. The pair is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in the Dollar/Yen pair. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 113.75, from which it is expected to attempt a rebound and continue the development of the downward trend with the target of falling near the level of 112.55.
Earlier, a weak signal was received for the sell of the Dollar/Yen pair, due to the crossing of signal lines at 114.15. The cancellation of the fall of the pair’s quotations will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 114.20, which indicates a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in USD/JPY quotes is at the breakdown of level 112.90.
This morning, at 10:40 GMT, the US Dollar is trading at 113.73 against the Yen, 0.11% higher from the New York close. Looking ahead, traders would closely monitor Japan’s preliminary 3Q GDP data, set to release overnight. During the session, the pair traded at a high of 113.91 and a low of 113.56. Yesterday, the US Dollar traded 0.26% higher against the Yen in the New York session and ended at 113.60. The pair is expected to its find support at 113.35 and its first resistance at 114.01.
|Jan 08, 2018||113.15||113.16||113.39||112.88||-0.01|
|Jan 07, 2018||113.16||113.14||113.18||113.03||0.07|
|Jan 05, 2018||113.08||112.75||113.32||112.72||0.29|
|Jan 04, 2018||112.75||112.50||112.87||112.46||0.22|
|Jan 03, 2018||112.50||112.30||112.61||112.17||0.18|
|Jan 02, 2018||112.30||112.67||112.80||112.06||-0.32|
|Jan 01, 2018||112.66||112.67||112.69||112.64||-0.03|
|Dec 29, 2017||112.69||112.88||112.98||112.47||-0.18|
|Dec 28, 2017||112.89||113.36||113.36||112.67||-0.41|
|Dec 27, 2017||113.36||113.25||113.39||113.14||0.11|
|Dec 26, 2017||113.23||113.28||113.36||113.12||-0.04|
|Dec 25, 2017||113.28||113.33||113.38||113.22||0.01|
|Dec 22, 2017||113.27||113.32||113.45||113.25||-0.05|
|Dec 21, 2017||113.33||113.41||113.64||113.20||-0.05|
|Dec 20, 2017||113.39||112.89||113.47||112.84||0.44|
|Dec 19, 2017||112.89||112.54||113.08||112.51||0.30|
|Dec 18, 2017||112.55||112.64||112.85||112.32||-0.03|
|Dec 15, 2017||112.58||112.39||112.75||112.03||0.17|
|Dec 14, 2017||112.39||112.53||112.88||112.06||-0.14|
|Dec 13, 2017||112.55||113.56||113.58||112.47||-0.88|
|Dec 12, 2017||113.55||113.58||113.75||113.38||-0.01|
|Dec 11, 2017||113.56||113.48||113.69||113.24||0.07|
|Chart | Calendar | TRADE NOW | FORCAST | cryptocurrency
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