USD/JPY Analysis - page 53

 
Diana Jackson:


It's possible, but right now the pair is range-bound, so without a breakout a direction won't become clear, I think.

I do agree with you.

 
I think it is falling back to 106.00 or even to 105.70 for the moment.
 

USD/JPY extended its slide towards the downside after the Fed’s rate hake. The par is preparing to visit the 105.45 support which is broken to below, doors are opened for testing 105.25.

 
It reached 105.25 as I thought it would, next target, in my opinion, will be around 104.80 if there's a breakout to the downside.
 
just add  up more buys expecting reversal
 
It depreciated to 104.60. If it depreciates further it could reach 104.00.
 

USD/JPY finally quit the latest range and now is showing bearish signs. Although the pair recovered from the dialy low at 104.63, indicators on H4 are supporting further decline.

 
Diana Jackson:
It depreciated to 104.60. If it depreciates further it could reach 104.00.

I think it will go down to the 103.94 and from there we may start to think about an up trend

 
The Yen may appreciate in this trade war.
 
Usd/Jpy falls into the range between 104.65 to 105.29 short-term, but the risk remains on the downside.
Reason: