The USDJPY had a bearish momentum last week bottomed at 100.09 but closed higher at 101.01. The bias is neutral in nearest term. Immediate support is seen around 100.65. A clear break below that area could trigger further bearish pressure testing 100.00 – 99.50 region.
Immediate resistance is seen around 101.15 followed by 101.65 which remains a good place to sell. Overall I remain bearish.
The USDJPY attempted to push higher yesterday topped at 100.98 but closed lower at 100.41. The bias is neutral in nearest term. The double bottom bullish scenario remains potential, but need a clear break above 101.15 to give further confirmation of the bullish scenario.
On the downside, a clear break below 100.10 will cancel the double bottom scenario retesting 99.50 or lower. Overall I remain bearish.
The USDJPY had a bullish momentum earlier today in Asian session hit 101.41. The double bottom bullish scenario is now confirmed targeting 102.00/20 region. The bias is bullish in nearest term.
Immediate support is seen around 100.80. A clear break below that area could lead price to neutral zone in nearest term retesting 100.10 key support. Overall I remain bearish.
The USDJPY was indecisive last week formed a Doji on weekly chart. The double bottom bullish scenario as you can see on my H1 chart below remains valid, but overall I remain bearish. The bias is neutral in nearest term probably with a little bullish bias testing 102.00/20 region.
Immediate support is seen around 100.80. A clear break and daily close below that area would be a threat to the double bottom bullish scenario retesting 100.10 key support.
The USDJPY had a bullish momentum earlier today hit 102.39. The bias is bullish in nearest term. As you can see on my H1 chart below, price is now testing the lower line of the (violated) bullish channel located around 102.50 which is a good place to sell with a tight stop loss.
Immediate support is seen around 101.80. A clear break below that area could lead price to neutral zone in nearest term testing 101.25 – 100.80 region. Overall I remain bearish.
The USDJPY had a bullish momentum yesterday topped at 102.96. The bias remains bullish in nearest term targeting 103.35 – 104.00 region.
Immediate support is seen around 102.50. A clear break below that area could lead price to neutral zone in nearest term but only a clear break back below 101.80 would potentially end the double bottom bullish scenario. Overall I remain bearish.
The USDJPY continued its bullish momentum yesterday topped at 103.66. The bias remains bullish in nearest term testing 104.00/20 area which is a good place to sell with a tight stop loss.
Immediate support is seen around 102.75. A clear break below that area could lead price to neutral zone in nearest term testing 101.80. Overall I remain bearish but only a clear break at least below 102.75 would potentially end the double bottom bullish scenario.
The USDJPY continued its bullish momentum yesterday topped at 104.16 but traded lower earlier today hit 103.53. The bias is bullish in nearest term but 104.00/20 area remains a good place to sell with a tight stop loss.
Immediate support is seen around 103.50. A clear break below that area could lead price to neutral zone in nearest term testing 103.00 – 102.75. Overall I remain bearish.
The USDJPY had a bullish momentum last week topped at 104.16 but closed lower at 102.95. Selling around 104.00/20 was proved to be a good strategy. The bias is bearish in nearest term testing 102.75/50 area. A clear break and daily close below that area would expose 101.80 region.
Immediate resistance is seen around 103.50. A clear break above that area could lead price to neutral zone in nearest term retesting 104.00/20 key resistance which remains a good place to sell.
USDJPY mempunyai momentum kenaikan harga minggu lalu mendahului pada 104.16 tetapi ditutup rendah pada 102.95. Penjualan sekitar 104.00/20 telah terbukti menjadi strategi yang baik. Kecenderungan adalah penurunan harga dalam jangka masa terdekat menguji kawasan 102.75/50. Break yang jelas dan penutupan harian di bawah kawasan tersebut akan mendedahkan kawasan 101.80.
Rintangan serta-merta dilihat pada sekitar 103.50. Break yang jelas di atas kawasan tersebut boleh membawa harga ke zon neutral pada jangka masa terdekat dengan menguji semula resistance utama 104.00/20 yang masih merupakan tempat yang baik untuk menjual.
The USDJPY attempted to push lower yesterday bottomed at 102.80 but whipsawed to the upside and hit 103.95 earlier today in Asian session. The bias is bullish in nearest term testing 104.00/20 area which remains a good place to sell with a tight stop loss.
Immediate support is seen around 103.50. A clear break below that area could lead price to neutral zone in nearest term testing 103.00 – 102.80 area. My major technical outlook remains bearish.
USDJPY cuba untuk menolak lebih rendah semalam pada 102.80 tetapi telah whipsaw ke arah atas dan mencecah 103.95 pada awal hari ini dalam sesi Asia. Kecenderungan adalah kepada kenaikan harga dalam jangka masa terdekat menguji kawasan 104.00/20 yang merupakan tempat yang baik untuk menjual dengan stop loss yang ketat.
Support serta-merta dilihat pada sekitar 103.50. Break yang jelas jelas di bawah kawasan tersebut boleh membawa harga ke zon neutral dalam jangka masa terdekat menguji kawasan 103.00 - 102.80. Prospek teknikal utama saya kekal menurun.
