USD/JPY is expected to rally further towards 109.00

ConnorFX37 2018.04.23 11:11 #581

Mawreen Lawson:
USD/JPY reached the support at 104.00 and rebounded from it, forming a spinning top candlestick above that level. I think we might see it climb towards 104.90 next.

Amen to that

mtllc 2018.04.23 20:39 #582

USD/JPY rallied today towards the amazing 108.75. Which is more important is that the pair conquered very significant resistance levels. Indicators on H4 support further advance and next bullish target is seen at 109.00.

JPY news InstaForex Wave Analysis Forecast for Q2'16 -

Indanguang Samrow Panmei 2018.04.24 07:16 #583

Sell USDJPY.Expect down move

Diana Jackson 2018.04.24 12:57 #584

I am not ready to sell yet, I think I will wait for it to reach 109.00 first.

Diana Jackson 2018.04.25 12:48 #585

The pair keeps moving north, I think it may reach 109.40.

Diana Jackson 2018.04.26 12:11 #586

The pair is at 109.44 and I think it may continue moving north.

Diana Jackson 2018.04.27 14:06 #587

The pair is undecided for the moment, let's see how it will develop until market close today.

mtllc 2018.04.27 17:35 #588

USD/JPY retreated from its highest since February level and currently is gravitating around 109.00. I expect further declines towards the support at 108.65.

Ari Goldman 2018.04.28 15:41 #589

Expecting the pair to lose some of the gains made this week.

Diana Jackson 2018.04.28 18:19 #590

Ari Goldman:
Expecting the pair to lose some of the gains made this week.

I think so too. There will be a correction to the downside at the beginning of the week, before another rally begins.

USD/JPY Analysis - page 59