USD/JPY Intraday: the downside prevails Pivot: 117.95 Our preference: short positions below 117.95 with targets @ 117.05 & 116.7 in extension. Alternative scenario: above 117.95 look for further upside with 118.8 & 119.3 as targets. Comment: as long as 117.95 is resistance, expect a return… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (12-01-2016)
January 12, 2016Japanese Yen (JPY) Trading Outlook (11-01-2016)
January 11, 2016USD/JPY Intraday: the upside prevails. Pivot: 117.35 Our preference: long positions above 117.35 with targets @ 118.8 & 119.3 in extension. Alternative scenario: below 117.35 look for further downside with 116.75 & 116.1 as targets. Comment: the RSI has just landed on a support around… Read more
Japanese Yen (JPY) Trading Outlook (08-01-2016)
January 8, 2016USD/JPY Intraday: the downside prevails. Pivot: 118.3 Our preference: short positions below 118.3 with targets @ 117.25 & 116.75 in extension. Alternative scenario: above 118.3 look for further upside with 118.8 & 119.3 as targets. Comment: a break below 117.25 would trigger a drop towards… Read more
Japanese Yen (JPY) Trading Outlook (07-01-2016)
January 7, 2016USD/JPY Intraday: capped by a negative trend line Pivot: 118.85 Our preference: short positions below 118.85 with targets @ 118.25 & 117.95 in extension. Alternative scenario: above 118.85 look for further upside with 119.3 & 119.7 as targets. Comment: the RSI lacks upward momentum. Supports… Read more
Japanese Yen (JPY) Trading Outlook (06-01-2016)
January 6, 2016USD/JPY Intraday: the downside prevails Pivot: 119.7 Our preference: short positions below 119.7 with targets @ 118.7 & 118.4 in extension. Alternative scenario: above 119.7 look for further upside with 119.95 & 120.45 as targets. Comment: the RSI is mixed to bearish. Supports and resistances:… Read more
Japanese Yen (JPY) Trading Outlook (05-01-2016)
January 5, 2016USD/JPY Intraday: caution. Pivot: 119.6 Our preference: short positions below 119.6 with targets @ 118.6 & 118 in extension. Alternative scenario: above 119.6 look for further upside with 119.95 & 120.45 as targets. Comment: the RSI is mixed and calls for caution. Supports and resistances:… Read more
Japanese Yen (JPY) Trading Outlook (04-01-2016)
January 4, 2016USD/JPY Intraday: key resistance at 120.45 Pivot: 120.45 Our preference: short positions below 120.45 with targets @ 119.95 & 119.8 in extension. Alternative scenario: above 120.45 look for further upside with 120.65 & 121 as targets. Comment: the upward potential is likely to be limited… Read more
Japanese Yen (JPY) Trading Outlook (31-12-2015)
December 31, 2015USD/JPY Intraday: key resistance at 120.75 Pivot: 120.75 Our preference: short positions below 120.75 with targets @ 120.2 & 120 in extension. Alternative scenario: above 120.75 look for further upside with 121 & 121.3 as targets. Comment: as long as the resistance at 120.75 is… Read more
Japanese Yen (JPY) Trading Outlook (30-12-2015)
December 30, 2015USD/JPY Intraday: under pressure Pivot: 120.75 Our preference: short positions below 120.75 with targets @ 120 & 119.8 in extension. Alternative scenario: above 120.75 look for further upside with 121 & 121.3 as targets. Comment: as long as 120.75 is resistance, look for choppy price… Read more
Japanese Yen (JPY) Trading Outlook (29-12-2015)
December 29, 2015USD/JPY Intraday: under pressure Pivot: 120.75 Our preference: short positions below 120.75 with targets @ 120 & 119.8 in extension. Alternative scenario: above 120.75 look for further upside with 121 & 121.3 as targets. Comment: as long as 120.75 is resistance, look for choppy price… Read more
