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KzakSerik
Oct 19 2018 at 05:37
10 posts
A firm drop on the hourly. I expect that if price falls below 112 we will get down to 111.65

the_who
Oct 19 2018 at 18:53
256 posts
USD/JPY enfoled strong recovery gains around mid-112.00s, but only a convincing break above 112.73 would bring continuation of the rally towards 113.20.

SarahDW
Oct 19 2018 at 21:21
229 posts
The pair is consolidating, I'm expecting a further continuation on the upside if Usd/Jpy break above the immediate resistance at 112.73.

Justice1024
Oct 22 2018 at 05:40
210 posts
USD / JPY rose to 112.62 during the Asian session, adding 0.06%. I believe that support is now at 111.97, the low of Thursday, and resistance is at the level of 112.73 - the high of Thursday.

deresel
Oct 23 2018 at 06:04
708 posts
USD/JPY: The pair failed to break the key resistance at 112,87 and is now heading to 122,40. The next support level is 112,34, followed by 112,00. On the flip side, if the pair manages to break 112,87, the next support is at 113.20.

the_who
Oct 23 2018 at 18:56
256 posts
USD/JPY recovered some ground and currently is trading around 112.20, but keeping levels below the short-term ascendant channel formed by 111.62 and the trend line that marks base figures around 112.40. On the four hour time frame the price is developing below its 100-day and 200-day SMAs, while technical indicators have settled within negative areas and confirming that the risk towards downsides is still actual. Breaking the 111.60 level would be good reason for further declines with next bearish target at 110.37.

the_who
Oct 24 2018 at 19:17
256 posts
On the four hout time frame the USD/JPY pair remans limited on the upside, as the 100-day SMA is heading towards south, while technical indicators are hovering around their midlines with no directional strength. The top of the week at 111.89 comes as immediate resistance as the pair also has the above mentioned 100-day SMA around it. Given this positive tone of equities, a steeper decline would seem unlikely today and moreover if the bulls keep above the 112.10/20 price area.

ShamrockEire
Oct 25 2018 at 12:23
9 posts
In general is a confusing picture on USDJPY. I am waiting for a break up or down before entering the market. Too choppy for me right now

the_who
Oct 25 2018 at 18:41
256 posts
USD/JPY remains on negative ground, despite the limited downward potential. On the four hour time frame the price is developing below a congestion of moving averages, all of them lacking of clear direction. RSI and stochastic are located within bearish territory. Currently the pair is trading around around 112.60 and in order to return to the bullish mode, will need to surpass the weekly highs below 112.90. On the other hand, a renewed selling interest below 111.85 would open doors for a further decline toward the 111.00 area.


the_who
Oct 26 2018 at 16:15
256 posts
Having the intraday technical readings, the USD/JPY pair favors a downward extension. On the four hour time frame the price is developing well below its 100-day and 200-day SMAs, with both crossing each other. RSI and stochastic are heading very strong towards south. We may expect further declines , espacially if breaking below the 111.62 level.

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