USD/JPY Analysis - page 25

 

USD/JPY just broke out above 113.70. I think that whether the rally will continue or not today depends on the NFP data, which will come out very soon.

 

Good breakout to the upside. Expecting more this week.

 

Usd/Jpy is still holding strong bullish tone, I set my 1st target at 114.40.

 
USD/JPY continues slowly rallying today and I too think it will reach 114.40 - 114.50.
 

USD/JPY is now slightly above 114. Resistance is expected at 114.35.

 

The pair extended its upward trend, still holding strong bullish tone. I set my eyes on 115.00 zone.

 
Csc2009 :

This period to extend the trend up to it, keep the strength. I gap on the area 115.00.

Chat het duong ray roi

 

USD/JPY reached 114.50 as I thought it would, but I think that may be the end of the current rally. Next target is around 113.00 - 112.70.

 

USD/JPY broke out below 113.00 and I think it will soon reach 112.70. The next target below that is at 112.00 - 111.80.

 

It seems bears still in control, while the pair pullback enter consolidation mood, found support at 112.25.

Reason: