USD/JPY Analysis - page 45

 

The pair is depreciating back toward 110.60. I think if it breaks out below it the pair will reach 110.20.

 

Staying out of this pair for now. Would be interesting to see how the USD moves.

 
Ari Goldman:

Staying out of this pair for now. Would be interesting to see how the USD moves.

I am staying out of this pair too, it's range-bound for the moment. I think that, at best, it will rally to 111.00.
 

It looks like the depreciation may continue, USD/JPY is testing the support at 110.20. If it breaks out below it I think it may fall below 110.00.

 

This pair has been tough to trade recently.

 

USD/JPY did break out below 110.00 and the move south isn't over yet. I think it will drop to 109.00.

 

The pair broke out below 109.00, I think it will depreciate at least to 108.00 in the short term.

 

USD/JPY accelerates decline after failing to hold above the support around 108.80-75. Next target for bears is seen at 108.25.

 

The pair rebounded from 108.50 and is developing a correction at the moment. I think it may reach 110.00.

 

USD/JPY is about to close around important long trem support around 107.60 – 107.80 area provided by the symmetrical triangle at the monthly chart.

Reason: