USD/JPY recovered after dipping to 100.82 and intraday bias is turned neutral first. As long as 102.36 resistance holds, deeper decline is still expected. Break of 100.75 key support ... Read More
Intraday bias in USD/JPY remains neutral for some consolidations above 101.09 temporary low. Upside of consolidation should be limited below 102.36 resistance and bring fall resumption. Whole decline is ... Read More
Pair’s Outlook While the 200-day SMA has already been breached, which is generally reckoned to be a bearish sign, some of the strongest demand areas remain intact. Consequently, unless ... Read More
Pair’s Outlook USD/JPY remains hesitant to commence a recovery. Instead it is weighed upon by the selling pressure, which forced the currency pair to decline below the 200-day SMA. ... Read More
Pair’s Outlook The 200-day SMA, one of the supports seen capable of revitalising the bullish momentum, was breached yesterday. This exposed another important level, namely the 50% Fibo at ... Read More
Pair’s Outlook As suspected, USD/JPY failed to gain a foothold above 102.35/10, which is a necessary condition for the long-term sustainable recovery. But at the same time the currency ... Read More
Pair’s Outlook USD/JPY is struggling to pass through the formidable resistance at 102.38/16, which is required for a bullish outlook to be confirmed. However, the task is a difficult ... Read More
Pair’s Outlook USD/JPY is currently trying to restore its bullish outlook by gaining a foothold above 102.40/19, which consists of the long-term up-trend and 55 and 100-day SMAs. If ... Read More
Pair’s Outlook Unless USD/JPY manages to gain a foothold above the major rising trend-line (in force since the beginning of 2013) that it has recently breached, the pair will ... Read More
Pair’s Outlook While the 200-day SMA is still not letting USD/JPY to step any lower, it is also failing to rekindle interest of the market in the pair. Still, ... Read More
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