USD/JPY Analysis - page 78

 

The USD/JPY pair recovered from the daily low at 109.77 following US Treasury yields, as firmer equities worldwide keep risk-aversion in check. However the 20-day SMA is acticting as immediate support at 110.45, which yet remains hard to achieve by the bulls.

 
The pair dipped below 110.00 as I thought it would but it remains undecided for the moment. I think it will eventually continue depreciating.
 

Today the USD/JPY pair is showing strong bullish momentum, but currently is capped by the 50-day SMA on H4 around 110.62.

 
USD/JPY is pulling back from 111.00, I think that the correction may end soon.
 
Taking profit in usdjpy buy transaction...but usdjpy sell also close without any permition from trader...howcomes...?
Is there any body in xm could give me the reason...why...?
 

USD/JPY is showing strong upward strength and seems that bulls are back.  The new targets for the upside are located at 111.45 and 111.54-111.64 zone.

 
Bulls seem unstoppable, immediate resistance around 111.40/50.
 
I agree, it is very bullish. I don't think the pair will rally above 111.75 at most, however.
 
It's been trading sideways for the last three months, pretty much nothing exciting happening so far.
 
Next week is going up
Reason: