dianajs posted:
USD/JPY pulled back from 109.80 and for the moment is at the support at 109.30. I think the drop will continue at least to 109.00.
I think that under 108.80 we will see a new Strong Sell trend till 99!!!! of course long term view
Follow the momentum
USD/JPY is developing within a relatively tight a range between 108.60 and 109.80. I think that development will continue until Janet Yellen's speech tomorrow at Jackson Hole.
USD/JPY is testing the resistance of the range it is developing in at 109.80. Depending on the news a possible breakout could lead to a rally to 110.90 - 111.00.
Ari Goldman
(arigoldman)
เป็นสมาชิกตั้งแต่ Oct 02, 2014
909 โพสต์
Aug 25 2017 at 14:38
Very narrow trading this week. Hopefully a direction will be formed in the next one.
Positivity
The pair remains in the negative territory while continue showing no clear directional strength.
u-jpy < 200 dma, momentum directional bias is down. Then, where is good level to sell it? new selling signal on daily chart?
csc2009 posted:
The pair remains in the negative territory while continue showing no clear directional strength.
The news didn't cause the breakout I was expecting, but the pair did form a bullish spinning top bar on the W1 time frame at 108.60 so we might see a new move to the upside.
USD/JPY broke out below 108.60 after all. The pair continues depreciating and I think it will soon reach 108.00.
alexforex007
เป็นสมาชิกตั้งแต่ Oct 11, 2013
775 โพสต์
Aug 30 2017 at 01:02
The USDJPY is still finding it difficult to confirm a breakdown below the 109.00 level, but the pair may find some resistance around the 110.00 level or the 111.00 level where we can see the 200 day EMA.
Another 108 run, bounced up. Yen got weak due to Korea Missile passed Japan? More 108 run will go.
USD/JPY rebounded from 110.25 and is rallying to the upside. I think the closest target is at 111.00. If it breaks out above that level, however, the rally could accelerate.
USD/JPY - seems close to resistance. Still early to buy and early to sell - then will stay away :)
USD/JPY pulled back from 110.66, but the move to the upside may be renewed. That will depend on the NFP data that will be announced in less than two hours.
Ari Goldman
(arigoldman)
เป็นสมาชิกตั้งแต่ Oct 02, 2014
909 โพสต์
Sep 01 2017 at 20:47
Good move this week, interesting to see what the next one brings. I'm expecting a move down.
Positivity
till price will stay under 111.35 we need to think only for bearish trends.
Follow the momentum
North Korea weighed in, the pair has a big gap down.
csc2009 posted:
North Korea weighed in, the pair has a big gap down.
USD/JPY is range-bound below the gap but I think it may recover it in the following days.
Not only is USD/JPY not recovering the gap - so far at, at least - but it is still slowly depreciating. I think next target will be at 109.00.