Forex - USD/JPY may test 112.00 after French election - General

Alizafar 2017.04.22 11:22 #171

108.13 and next 106.55

Ari Goldman 2017.04.23 14:37 #172

USD/JPY is having a time of consolidation as price continues to trade sideways.

csc2009 2017.04.24 01:06 #173

A huge gap up has closed a bit after the first round of French election result, but rally still intact and the pair stay above 110 level. The gap could be fully closed, focus stay on French election.

Eurusd/gbpusd Stocks in French Election Registration for the MetaQuotes-Demo

Diana Jackson 2017.04.24 19:16 #174

I think that for the moment USD/JPY will attempt to recover the bullish gap. I opened a short position with target 109.30.

Taras Slobodyanik 2017.04.24 20:02 #175

Diana Jackson:

I think that for the moment USD/JPY will attempt to recover the bullish gap. I opened a short position with target 109.30.

~109.48

m15

fxtelegram_ 2017.04.25 13:13 #176

Diana Jackson 2017.04.27 14:35 #177

The pair recovered the gap only partway before rebounding from 109.59. It is still rallying and I think it will test 112.00 next.

Ari Goldman 2017.04.30 11:31 #178

USD/JPY seems to have consolidated around the weekly close at 111.50. The pair need to break either 111 or 112 in order for one of the camps to take control.

Saleh Albahussain 2017.04.30 21:55 #179

it is nice try

csc2009 2017.05.01 02:49 #180

Ari Goldman:
USD/JPY seems to have consolidated around the weekly close at 111.50. The pair need to break either 111 or 112 in order for one of the camps to take control.

I agree, the pair is showing no clear directional strength, how Usd/Jpy will develop its direction depend on Fed's monetary policy outcome this Wednesday.

USD/JPY Analysis - page 18