Usd/Jpy pulled back and consolidating short term, but long term the pair still appear to be bullish. Break below the support level around 108.63 could signal a deeper pullback.
Usd/Jpy has failed twice to break above the resistance at 110.04, currently trading sideways around 109.40, showing no clear direction.
Bulls are still in control, fresh acceleration push Usd/Jpy is trading above 111.00 level after the US-China trade war is on hold. Next important resistance is at 112.
The pair recovered from the opening bullish gap, lost it upward momentum, consolidation may continue around 109.40 level.
Important resistance level can be found at 110.00 level, only if break above the pair could continue its bullish trend.
Dollar regains its bullish momentum ahead of Trump-Kim summit on Tuesday, there is room to extend to 110.20, break above next target would be around 111.20 level.
Quiet Monday, the pair bullish trend taking a short break, resistance can be found at 110.90/111.00, and immediate support lies at 110.16.
Resulting from fear of the trade war escalating push the pair down below 110.00 level, immediate support is around 109.10/20 zone.
Usd/Jpy has a brief moment of consolidation around 110.70, the pair would test 110.50/60 zone, break below next target will be 110.20.
The USDJPY keeps a good bullish momentum, but it may lose some strength at the 111.39 peak. The 110.00 level may act as support to the downside.
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.
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