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USD/JPY Analysis - page 66

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Diana Jackson
739
Diana Jackson  
The move north is not over yet apparently, next target may be at 110.40, in my opinion.
Diana Jackson
739
Diana Jackson  
We may see some consolidation around 110.00 before the move north continues.
david mackay
2737
david mackay  
A look at some Harmonics on the weekly.
Files:
mtllc
162
mtllc  

The weakeness provided by the US Dollar pushed the USD/JPY lower today. The pair crossed to below the 110.00 level but the 50% Fibo at 109.65 offers good support.

fxstrategist007
77
fxstrategist007  
No clear direction on the USDJPY, the pair is stil consolidating just above its 200 day EMA and the 110.00 level. From the current levels the pair may head in any direction, but the bullish trend is still in place.
Mureithi
10
Mureithi  
USDJPYseems to be a resistance around the 109.37 level. Upward movement still likely to continue
Pedro Pacheco
329
Pedro Pacheco  
Mureithi:
seems to be a resistance around the 109.37 level. Upward movement still likely to continue

I think the yen is quite strong now

Diana Jackson
739
Diana Jackson  
The pair rebounded from 109.00, let's see whether this is the end of the overall depreciation.
Ari Goldman
890
Ari Goldman  
The pair looks bearish, i think it might break to the downside next week.
Diana Jackson
739
Diana Jackson  
Ari Goldman:
The pair looks bearish, i think it might break to the downside next week.
It's possible, but I think we may see a correction.
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