USD/JPY

Devhuti
Devhuti
Oct 28, 2015 at 13:48
32,437 Views
1,340 Replies
arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Feb 11, 2016 at 11:13
Waiting to go long!
Positivity
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mlawson71
mlawson71
Member Since Dec 11, 2015   1487 posts
Feb 12, 2016 at 11:35
arigoldman posted:
Waiting to go long!

I did too, as I think it will rise back to 113.10. On the other hand the trend is still very much bearish so I am keeping my eyes peeled for any reversals.
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bbabareza
bbabareza
Member Since Feb 11, 2016   2 posts
Feb 12, 2016 at 11:40
Next Target 109
Final 90
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Feb 14, 2016 at 07:28
I think I might short next week, 113.20 is a considerable resistance level.
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Soyo24
forex_trader_300882
Member Since Jan 25, 2016   14 posts
Feb 14, 2016 at 07:31
1.10 is my first target then bounce.
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Soyo24
forex_trader_300882
Member Since Jan 25, 2016   14 posts
Feb 14, 2016 at 07:31
I meant 110.
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daytrade
daytrade
Member Since Sep 20, 2012   9 posts
Feb 14, 2016 at 07:48
Breaking area down from 114.30 to 80 pair, will lead to a strong descending process, the next support is located only at 106 area. Move in the future, may give a strong boost to Markets Exchanges a strong move downward
now we can bearish butterfly

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Soyo24
forex_trader_300882
Member Since Jan 25, 2016   14 posts
Feb 15, 2016 at 07:24
daytrade posted:
Breaking area down from 114.30 to 80 pair, will lead to a strong descending process, the next support is located only at 106 area. Move in the future, may give a strong boost to Markets Exchanges a strong move downward
now we can bearish butterfly



I don't know who's right about the next support level but so far the pairs biggest run is this one and 1.10 is over 300 more pips away. I guess it depends on how much it bounces after friday's positive close.
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
Feb 17, 2016 at 03:27
Nice bullish bounce from the 111.00 level on the USDJPY. The price retraces to the 115.00 zone and drops to the 114.00. Possible bearish continuation.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Feb 19, 2016 at 19:12
There are two hammer candlesticks above the support at 112.80, I think the pair will rise towards 114 at least.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Feb 20, 2016 at 19:30
Good move last week.
Positivity
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Feb 26, 2016 at 17:09
Bullish.
Positivity
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Feb 28, 2016 at 11:00
arigoldman posted:
Bullish.

I agree, there's a double bottom on the daily time frame.
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mlawson71
mlawson71
Member Since Dec 11, 2015   1487 posts
Feb 29, 2016 at 09:58
It looks like the pair will test that double bottom again.
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dianajs
dianajs
Member Since Dec 09, 2015   823 posts
Mar 01, 2016 at 16:06
I think we might be be looking at the beginning of a long consolidation.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Mar 01, 2016 at 16:14
Expecting a correction.
Positivity
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mlawson71
mlawson71
Member Since Dec 11, 2015   1487 posts
Mar 06, 2016 at 10:03
I agree, it didn't even test the double bottom when it fell. Next week there'll be a correction.
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alexforex007
alexforex007
Member Since Oct 11, 2013   775 posts
Mar 08, 2016 at 06:12
The USDJPY may continue finding some support at the 113.00 level, the 114.00 could be resistance.
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csc2009
csc2009
Member Since Apr 09, 2014   834 posts
Mar 08, 2016 at 14:38
The pair bounced off around 113.00 level, bearish mood may extend to next support level around 112.70 zone.
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arigoldman
arigoldman
Member Since Oct 02, 2014   909 posts
Mar 09, 2016 at 09:19
Still consolidating...
Positivity
Message
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