Usd/Jpy is in search of direction, the pair is almost trading flat, range narrow to 110.30 to 110.80.
The pair had a little bounce, but bullish is not over yet, resistance is around 112.80 level, a breakthrough would further upside movement.
Usd/Jpy seems has turned from bearish to neutral short term, found support level at 110.75, but maybe it is too soon to say the bearish trend is over.
Usd/Jpy is consolidating within the range between 110.56 to 111.50 ahead of BoJ this week. Only break out will determine the direction of the pair.
Usd/Jpy is trading almost flat around 111.20, I expect the pair would stay neutral as long as it stays above the immediate support level at 110.59.
The pair opens the week with a small gap down, the risk remains on the downside and found support level at 110.10.
The pair has found immediate support level at 110.10, break below would trigger a further decline. Focus turns to China-US meeting in Washington next week.
The pair broke below 110.10 level, opens door to further decline, the bearish trend found support zone around 109.10/20.
Bulls seem unstoppable, immediate resistance around 111.40/50, break above it, further upward movement are expected.
Better than expected US data made Usd/Jpy bounce back and find immediate resistance level at 111.530, the pair looks bullish short term, next important resistance lies at 111.82.
Usd/Jpy appears short-term bullish, but the upside seems limited to 111.80 level, the pair continues to trade within the range.
The USDJPY rallies to the 112.14 resistance zone where it stalls momentarily. A breakout above the 112.14 level could accelerate the bullish momentum to the 113.00 level. To the downside, the 111.00 level where we can find the 55 day EMA could act as a good support.
The pair is appearing to be trading in the positive territory, but bullish trend yet needs to be confirmed. Immediate resistance can be found at 112.15/20 zone.
Usd/Jpy continues trading within the range while staying in positive territory. Upside seems to have lost its strength, but giving its holiday in Japan, I’m expecting the pair consolidation continues.
Very good resistance on the USDJPY at the 112.14 level, possible double top formation. Above the 112.14 level, its next resistance could be the 113.00 level. To the bottom, the 111.00 level may act as support.
The pair seems to enter correction mood just below 112.60 level, appears no clear directional strength short-term. Immediate support can be found at 112.15 and resistance at 112.85.
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News day, ‘‘safe haven’’ Yen reacted and remain bullish. The pair is consolidating its gains at the end of the day, immediate resistance can be found at 112.86. I’m looking at critical 113.00 handle on the upside.
Usd/Jpy bullish trend is still going strong, even though the pair is consolidating its gains for now. Next target is at 113.20 and I don’t see any sign bulls giving up.
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