The USDJPY continued its bullish momentum yesterday topped at 107.51 and hit 107.72 earlier today in Asian session. The bias remains bullish in nearest term testing 107.77. A clear break above that area could trigger further bullish pressure testing 108.50 region as a part of the bullish phase after broken above the bearish channel as you can see on my daily chart below.
Immediate support is seen around 107.33 (current low). A clear break below that area could lead price to neutral zone in nearest term testing 107.00 – 106.60 support area. Overall I remain neutral.
The USDJPY was indecisive last week. Price attempted to push lower bottomed at 106.87 but closed higher at 107.63 and hit 107.88 earlier today in Asian session. The bias is bullish in nearest term testing 108.50 area as a apart of the bullish scenario after broke above the bearish channel as you can see on my daily chart below.
Immediate support is seen around 107.50. A clear break below that area could lead price to neutral zone in nearest term but as long as stay above 106.60 I still prefer a bullish scenario at this phase. Overall I remain neutral.
The USDJPY continued its bullish momentum yesterday topped at 108.75 and hit 108.86 earlier today in Asian session. The bias remains bullish in nearest term testing the daily EMA 200 located around 109.50 as a part of the bullish phase after broke above the bearish channel as you can see on my daily chart below.
Immediate support is seen around 108.25. A clear break below that area could lead price to neutral zone in nearest term but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy. My major technical outlook remains neutral.
The USDJPY was indecisive yesterday but overall still able to maintain its bearish short-term bias following a break above the bearish channel as you can see on my daily chart below. The bias is neutral in nearest term but I still prefer a bullish scenario at this phase with nearest target seen at 109.50 (daily EMA 200).
Immediate support is seen around 108.50. A clear break below that area would interrupt the current bullish phase testing 107.77 region or lower. On the upside, a clear break and daily close above 109.50 would expose 110.50 area or higher. My major technical outlook remains neutral.
The USDJPY regained its bullish momentum yesterday topped at 109.44. The bias is bullish in nearest term testing the daily EMA 200 located around 109.50 region. A clear break above that area would expose 110.50 resistance area.
Immediate support is seen around 109.00. A clear break back below that area could lead price to neutral zone in nearest term testing 108.50 support area but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy. My major technical outlook remains neutral.
The USDJPY was indecisive yesterday. The bias remains bullish in nearest term testing the daily EMA 200 located around 109.50 area which could be a good resistance at this phase and need to be clearly broken to the upside to resume the bullish phase targeting 110.50.
Immediate support is seen around 109.00. A clear break below that area could lead price to neutral zone in nearest term testing 108.50 area but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy.
The USDJPY had a bullish momentum last week topped at 109.53 but closed a little bit lower at 109.01 after failed to break above the EMA 200 as you can see on my daily chart below. The bias is neutral in nearest term. I still prefer a bullish scenario as a part of the bullish phase since broke above the bearish channel but need a clear break above 109.50 to resume the bullish phase testing 110.50 or higher.
Immediate support is seen around 108.95. A clear break below that area could trigger further bearish pullback testing 108.50 area.
The USDJPY regained its bullish momentum yesterday but still unable to break above the daily EMA 200 located around 109.50. The bias is bullish in nearest term especially if price able to make a clear break and consistent movement above 109.50 targeting 110.50 or higher.
Immediate support is seen around 109.00 – 108.95. A clear break below that area could lead price to neutral zone in nearest term testing 108.50 but overall I still prefer a bullish scenario at this phase and any downside pull back should be seen as a good opportunity to buy.
The USDJPY had a significant bullish momentum yesterday, broke above the daily EMA 200 as you can see on my daily chart below. The bias remains bullish in nearest term testing 110.50.
Immediate support is seen around 109.50. A clear break and daily close back below that area could lead price to neutral zone in nearest term testing 109.00 – 108.50 support area but overall I still prefer a bullish scenario at this phase and any downside pullback should be seen as a good opportunity to buy. On the upside, a clear break and daily close above 110.50 would expose 111.50 region or higher.
The USDJPY was indecisive yesterday. The bias is neutral in nearest term but overall I still prefer a bullish scenario at this phase with nearest target seen around 110.50.
Immediate support is seen around 109.50 (daily EMA 200). A clear break and daily close back below that area would interrupt the bullish phase testing 109.00 or lower. On the upside, a clear break and daily close above 110.50 would expose 111.50 area.
