USD/JPY Analysis - page 20

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The USD/JPY impressive rally still continues. I think that it will soon reach the resistance zone around 115.00 - 115.50.
 
There might be a pullback from 114.32, but I don't think that's the end of the overall bullish trend. However, the pullback could continue to 113.40 - 113.30.
 
USD/JPY made a second attempt to break out above 114.32 and after it formed a double top at that level it fell to 113.45 and rebounded from that support. Now it remains to be seen whether it will make a second attempt to break out above 113.32 or it will keep dropping.
 
USD/JPY appears to be losing strength, i'm bearish for the next week.
 
I think usd/jpy pullback to 115.55 and then it  will fall again.
 
Ari Goldman:
USD/JPY appears to be losing strength, i'm bearish for the next week.

Sounds like plan, the gap seems quickly covered, break below support level 113.10/20 zone should confirm bearish trend.
 
USD/JPY is at a critical support at 112.30. I think that if it breaks out below that support it will reach 111.20 - 111.00.
 
USD/JPY was in a free fall today. Yesterday I thought it would reach 111.00, today it fell to 110.20, at which point I opened a long position. I think it will rebound to 110.50 at least.
 
USD/JPY posted some losses this week. Probably it will keep going down give the weakness of the US dollar.
 
The pair is very range-bound and that range is getting tighter and tighter, but I think that once it ends it will keep dropping and first target will be at 110.20 - 110.00.
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