Dollar surging against the Japanese Yen as traders ramp up the Greenback, looking to mark in a fresh high for 2018 and erase the first half’s bearish tone. Resistance levels above the 114.00 major handle represent significant challenges for buyers. The bullish trend from 2018’s bottom at 104.60 has been decidedly bullish as the USD continues to shake off major institutional calls for a further-weakening Dollar in 2018. USD/JPY Chart, 15-Minute Spot rate: 112.99 Relative change: 0.13% High: 113.07 Low: 112.82 Trend: Bullish Support 1: 112.21 (previous day low) Support 2: 111.64 (61.8% Fibo retracement level) Support 3: 110.76 (July 11th swing low) Resistance 1: 113.07 (current week high) Resistance 2: 113.38 (2018 high) Resistance 3: 114.72 (November 2017 high) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNY projection: 6.6935 – Nomura FX Street 5 years Dollar surging against the Japanese Yen as traders ramp up the Greenback, looking to mark in a fresh high for 2018 and erase the first half's bearish tone. Resistance levels above the 114.00 major handle represent significant challenges for buyers. The bullish trend from 2018's bottom at 104.60 has been decidedly bullish as the USD continues to shake off major institutional calls for a further-weakening Dollar in 2018. USD/JPY Chart, 15-Minute Spot rate: 112.99 Relative change: 0.13% High: 113.07 Low: 112.82 Trend: Bullish Support 1: 112.21 (previous day low) Support… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
