Good breakout to the upside. Expecting more this week.
I agree, strong bullish tone remains, I set my 1st target at 114.40.
USD/JPY is now slightly above 114. Resistance is expected at 114.35.
The USD/JPY pair after the NFP report on Friday started a sharp bullish move breaking the 113.70 barrier. Currently, it paused its run near the profitable target.
The pair broke the immediate support at 111.50. Next stop i think is 110.
I noticed the daily chart is ranging (currently to the downside). Thinking about buying at the next bounce off of support
I agree, The pair remains strong bearish tone, further decline expected.
USD/JPY appears weak and further depreciation can be expected.
Support is expected at around 109.20. I’m thinking about going bullish if it gets there.
USD/JPY has been trading choppy recently as price is fluctuating around 110. Neutrality now could be the best strategy.
The Japanese Yen broke the support in the preopening hours of the European session. Bears might increase their positions.
Very narrow trading this week. Hopefully a direction will be formed in the next one.
The pair remains in the negative territory while continue showing no clear directional strength.
Good move this week, interesting to see what the next one brings. I’m expecting a move down.
Neutral at the moment. I’m waiting at the sideline to enter long.
React on North Korea did not launch any missile on the weekend, Usd/Jpy has a gap up in H4 chart.
Undecided at the moment, what are you thoughts, guys?
USD/JPY had an upward movement the last two days after the sell-off until the 107.30 level. The pair is still moving in a trading range with upper band the 114.40 level and lower band the 108.25 level, while next week the daily session ended below the latter level. However, the price entered again into the range. Neutral bias at the moment, awaiting an exit from the sideways channel.
Usd/Jpy started the week with a bullish gap, and consolidating further push the resistance level to around 111.30/40 zone.
Good move last week. Let’s see if it continues. JPY is depreciating rapidly.