The USDJPY had a bearish momentum yesterday bottomed at 101.78 and hit 101.25 earlier today in Asian session. The bias is bearish in nearest term testing 100.70. Immediate resistance is seen around 101.80.
A clear break above that area could lead price to neutral zone in nearest term testing 102.25 or higher but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The USDJPY failed to continue its bearish momentum yesterday topped at 102.05 and hit 102.20 earlier today. The bias is bullish in nearest term testing 102.80 which is a good place to sell with a tight stop loss.
Immediate support is seen around 101.70. A clear break below that area could lead price to neutral zone in nearest term testing 101.00 area. Overall I remain bearish.
The USDJPY was indecisive last week but overall still able to maintain its bearish bias. As you can see on my H1 chart below price has been moving sideways between 100.70 – 102.80. The bias is neutral in nearest term.
Immediate resistance is seen around 101.75. A clear break above that area could trigger further bullish pressure testing 102.25 – 102.80 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The USDJPY was indecisive yesterday but overall still able to maintain its bearish bias and slipped below 100.70 earlier today. The bias is bearish in nearest term testing 100.00. Immediate resistance is seen around 101.00. A clear break above that area could lead price to neutral zone in nearest term testing 101.50 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The USDJPY attempted to push lower yesterday bottomed at 99.53 but closed higher at 100.29 and hit 100.68 earlier today. Overall I remain bearish but we have a hammer candlestick formation on H4 chart suggests a potential bullish correction scenario. The bias is bullish in nearest term testing 100.70 – 101.00 region which is a good place to sell with a tight stop loss.
Immediate support is seen around 100.15. A clear break below that area could lead price to neutral zone in nearest term but would keep the bearish scenario remains strong retesting 99.53 or lower. On the upside, a clear break and daily close above 101.00 could trigger further bullish correction testing 101.50 or higher.
The USDJPY attempted to push higher yesterday topped at 101.16 but whipsawed to the downside, closed lower at 100.23 and hit 99.64 earlier today in Asian session. The bias is bearish in nearest term testing 99.50 – 98.80 region.
Immediate resistance is seen around 100.15. A clear break above that area could lead price to neutral zone in nearest term testing 100.65 or higher but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The USDJPY had a moderate bearish momentum yesterday bottomed at 99.64 but traded higher earlier today in Asian session hit 100.32. The bias is neutral in nearest term probably with a little bullish bias testing 100.70 – 101.15 area but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
On the downside, key support is seen around 99.50. A clear break and daily/weekly close below that area would expose 98.00 region or lower next week.
The USDJPY continued its bearish momentum last week bottomed at 99.53. Price traded higher earlier today in Asian session hit 100.85. The bias is bullish in nearest term testing 101.15/50 which is a good place to sell.
A clear break above that area could trigger further bullish pullback testing 102.00 but overall I still prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell. Immediate support is seen around 100.30. A clear break below that area could lead price to neutral zone in nearest term testing 99.50 region.
The USDJPY had a bearish momentum yesterday bottomed at 100.21 and hit 100.03 earlier today. The bias is bearish in nearest term testing 99.50 key support area.
Immediate resistance is seen around 100.50. A clear break above that area could lead price to neutral zone in nearest term testing 101.15 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. Immediate support is seen around 99.95. A clear break below that area could trigger further bearish pressure testing 99.50 key support.
Immediate resistance is seen around 100.60. A clear break above that area could trigger further bullish pressure testing 101.15 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell.
