USD/JPY Analysis - page 47

 
Good move to the upside, healthy looking to go above 111 next week!
 
Usd/Jpy short-term remains positive, immediate resistance around 110.50, I'm expecting further gain if the pair break above the resistance level.
 
It pulled back from 110.50 and is developing a correction for the moment. I think it may drop to 109.00.
 
It reached 109.00 as I thought it may and it even dropped below that level. 108.20 - 108.40 looks like a solid support zone though, so I think it may rally back to 110.00.
 

USD/JPY found the exit of the consolidation zone. US bulls are back in the game and are aiming 109.50.

 
It pulled back from 110.50 and I think it returned within the range, as it has not broken out below 108.30.
 
The pair is still range-bound between 110.50 and 108.30, let's see whether there will be a proper breakout today.
 
Got in and got out, the US mess could expand and people could flock to JPY instead of USD.
 
The pair is still range-bound and since today there are neither USD nor JPY-related news coming out I don't think the range will end before the market closes.
Reason: