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USD/JPY
Medlem sedan Dec 09, 2015
823 inlägg
Apr 07, 2016 at 06:22
If it breaks below 110.00 we might see it fall even lower than 108.00, towards 104.50 - 104.00.
Medlem sedan Nov 14, 2015
315 inlägg
Apr 07, 2016 at 16:15
I must admit I was in a bit of a shock when I saw the pair break below 108. Poor export sector when the pair have strengthen about 12% this year.
Medlem sedan Apr 09, 2014
832 inlägg
Apr 07, 2016 at 22:21
A pull back before further downside movement, eyes on 107.00 level.
Medlem sedan Aug 26, 2014
23 inlägg
Apr 08, 2016 at 07:07
it may be down to 107 level but surely will back up test 110 before testing 100 .
I start buy right now and TP at 110 before heavy sell to 100 .
Good luck .
I start buy right now and TP at 110 before heavy sell to 100 .
Good luck .
Medlem sedan Mar 28, 2016
94 inlägg
Apr 08, 2016 at 07:12
The USDJPY continued its bearish momentum yesterday bottomed at 107.66 but traded higher earlier today hit 108.83. The bias remains bearish in nearest term testing 107.00 region. Immediate resistance is seen around 109.15/30. A clear break above that area could lead price to neutral zone in nearest term but as long as stays below 110.96 I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.
Medlem sedan Sep 28, 2015
34 inlägg
Apr 09, 2016 at 06:07
Last time USD/JPY short time upside rally rejected at 109.90 & also passing the key support (also intraday support ) 108.50. It heading towards 107.66 range. The downside pressure still very going on as there is not yet any strong indication of intervention from Japanese Government & Fed also not in way to push up dollar yet. In this scenario if clear pass 107.66 then it might lead to the downside target at 106.60 near the historical support at 106.50. If USD/JPY push further then look at 104.64 - 105.88 range. It might stabilize at 105.88 range if it sell off further and no intervention case.
Medlem sedan Dec 09, 2015
823 inlägg
Apr 09, 2016 at 10:37
I think that the pair will reach 107.00 soon. And I also think that next week it will likely continue towards 105.00 - 103.00
Medlem sedan Sep 28, 2015
34 inlägg
Apr 10, 2016 at 03:51
Next week there are key events but it might not be a quick remarkable reversal. Main focus is on China GDP q/y. If it positive it will boost dollar. A contrary move above 109.30 & 110.90 resistance areas are first warning signs. Its move to 107.66 will indicate whether downside major levels can hit or not.
Medlem sedan Sep 28, 2015
34 inlägg
Apr 11, 2016 at 09:46
(redigerad Apr 11, 2016 at 09:47)
This morning post Tokyo session it hits a new trend low at 107.62 as we know that. After that there were some verbal threats from Japanese side. It's like they are very frustrated to see as it tries to break through that level. There are not yet any obvious strong reaction yet against the overall trend. Since the move is overextended so much as we understand so need caution also.
At 4 hour chart a harami forms giving some break and price still struggles to break above 5 & 8 EMA resistance.
As long price under 107.60 stronger the bearish bias as well as key break of 107.50.
At 4 hour chart a harami forms giving some break and price still struggles to break above 5 & 8 EMA resistance.
As long price under 107.60 stronger the bearish bias as well as key break of 107.50.
Medlem sedan Dec 09, 2015
823 inlägg
Apr 12, 2016 at 15:00
I just noticed the double bottom that has formed on the four-hour time frame. I think the pair will continue retracing, especially considering that double bottom, and its first target would be around 109.00.
Medlem sedan Sep 14, 2015
4 inlägg
Apr 13, 2016 at 06:13
Got in at 107.897, letting it ride.
Medlem sedan Apr 09, 2014
832 inlägg
Apr 15, 2016 at 23:54
Downward pressure remains, next immediate support level can be found around 118.50 zone, break below would lead to further decline.
Medlem sedan Dec 09, 2015
823 inlägg
Apr 16, 2016 at 17:03
The pair might be retracing back to 109.10 - 109.20, but I think the move to the downside will continue until the pair reaches 108.40 or even below that level.
Medlem sedan Sep 14, 2015
4 inlägg
Apr 16, 2016 at 18:35
csc2009 posted:
Downward pressure remains, next immediate support level can be found around 118.50 zone, break below would lead to further decline.
Its not going anywhere near that area, its going to rise back up to mid 109 - mid 110 area then drop back down
Medlem sedan Oct 02, 2014
905 inlägg
Apr 17, 2016 at 19:34
Kind of recovered last week.
Positivity
Apr 29, 2016 at 06:28
Fed interest rate yesterday lead the usdjpy back to downtrend moves its probably will lead to test again the lower sides and even lower ,we can see there is more room for going down follows strong moves by the expectation,
don't surprise if we will see usdjpy going lower over the last lows, if usdjpy will find support on 106.70 so it can be a good point to test some long but if it will not we need to expect even stronger moves the lower side for downtrend for 104 area
don't surprise if we will see usdjpy going lower over the last lows, if usdjpy will find support on 106.70 so it can be a good point to test some long but if it will not we need to expect even stronger moves the lower side for downtrend for 104 area
Bilagor:
Medlem sedan Oct 02, 2014
905 inlägg
Apr 30, 2016 at 15:06
Interesting move last week!
Positivity
Medlem sedan Apr 09, 2014
832 inlägg
May 01, 2016 at 23:36
The unstoppable bearish trend seems has a little pull back, but downside pressure remains.
