JPY Trading Outlook Archive

USD/JPY Intraday: under pressure. Pivot: 115.85 Our preference: short positions below 115.85 with targets @ 114.20 & 113.55 in extension. Alternative scenario: above 115.85 look for further upside with 116.50 & 117.00 as targets. Comment: as long as 115.85 is resistance, look for choppy price… Read more

USD/JPY Intraday: under pressure. Pivot: 116.50 Our preference: short positions below 116.50 with targets @ 114.60 & 113.55 in extension. Alternative scenario: above 116.50 look for further upside with 117.00 & 117.50 as targets. Comment: the break below 116.50 is a negative signal that has… Read more

USD/JPY Intraday: under pressure. Pivot: 117.35 Our preference: short positions below 117.35 with targets @ 116.2 & 116 in extension. Alternative scenario: above 117.35 look for further upside with 117.7 & 118.25 as targets. Comment: the RSI is bearish and calls for further downside. Supports… Read more

USD/JPY Intraday: the downside prevails. Pivot: 119 Our preference: short positions below 119 with targets @ 116.7 & 116.2 in extension. Alternative scenario: above 119 look for further upside with 120 & 120.4 as targets. Comment: as long as 119 is resistance, look for choppy… Read more

USD/JPY Intraday: under pressure. Pivot: 120.9 Our preference: short positions below 120.9 with targets @ 119.6 & 119 in extension. Alternative scenario: above 120.9 look for further upside with 121.4 & 121.7 as targets. Comment: the RSI is bearish and calls for further decline. The… Read more

USD/JPY Intraday: consolidation in place. Pivot: 121.7 Our preference: short positions below 121.7 with targets @ 120.6 & 120.25 in extension. Alternative scenario: above 121.7 look for further upside with 122.2 & 122.7 as targets. Comment: as long as 121.7 is resistance, look for choppy… Read more

USD/JPY ST: rebound. Pivot: 116 Our preference: long positions above 116 with targets @ 123.8 & 126 in extension. Alternative scenario: below 116 look for further downside with 113.85 & 110 as targets. Comment: the RSI is well directed. Supports and resistances: 127.7 ** 126… Read more

USD/JPY Intraday: the bias remains bullish. Pivot: 118.35 Our preference: long positions above 118.35 with targets @ 119.1 & 119.5 in extension. Alternative scenario: below 118.35 look for further downside with 118 & 117.6 as targets. Comment: the RSI lacks downward momentum. Supports and resistances:… Read more

USD/JPY Intraday: bullish bias above 118.15. Pivot: 118.15 Our preference: long positions above 118.15 with targets @ 119.1 & 119.5 in extension. Alternative scenario: below 118.15 look for further downside with 117.6 & 117.2 as targets. Comment: the RSI is mixed to bullish. Supports and… Read more

USD/JPY Intraday: the upside prevails. Pivot: 117.5 Our preference: long positions above 117.5 with targets @ 118.85 & 119.2 in extension. Alternative scenario: below 117.5 look for further downside with 117.05 & 116.45 as targets. Comment: the RSI is well directed. Supports and resistances: 119.7… Read more