The USDJPY continued its bullish momentum last week topped at 118.66 but traded a little bit lower earlier today hit 117.54. The bias is neutral in nearest term. Immediate support is seen around 117.50. A clear break below that area could trigger further bearish pressure testing 117.00 or lower but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy. Immediate resistance is seen around 118.00.
A clear break above that area could trigger further bullish pressure testing 118.66 or higher.
The USDJPY had a bearish momentum yesterday bottomed at 116.54. The bias is bearish in nearest term testing 116.00 area which is a good place to buy with a tight stop loss. Immediate resistance is seen around 117.65. A clear break above that area could lead price to neutral zone in nearest term testing 118.00 or higher.
The USDJPY failed to continue its bearish momentum yesterday topped at 118.24. The bias is neutral in nearest term probably with a little bullish bias testing 118.66. A clear break and daily close above that area would expose 120.00 area. Immediate support is seen around 117.40. A clear break below that area could trigger further bearish pressure testing 117.00 – 116.50 area.
The USDJPY was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 118.20 area. A clear break above that area could trigger further bullish pressure testing 118.66 or higher. Immediate support is seen around 117.10.
A clear break below that area could trigger further bearish pressure testing 116.50/00 but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.
The USDJPY had another indecisive movement yesterday. The bias remains neutral in nearest term. Immediate resistance is seen around 118.20 followed by 118.66. Immediate support is seen around 117.10 followed by 116.50.
Overall I remain bullish and any downside pullback should be seen as a good opportunity to buy.
The USDJPY was indecisive last week. Price attempted to push lower bottomed at 116.54 but closed a little bit higher at 117.34. The bias is neutral in nearest term but overall I remain bullish and any downside pullback should be seen as a good opportunity to buy. Immediate support is seen around 116.50 followed by 116.00.
Immediate resistance is seen around 117.50 followed by 118.00/20.
The USDJPY was indecisive yesterday. The bias is neutral in nearest term but overall I remain bullish. Immediate support is seen around 117.35. A clear break below that area could trigger further bearish pressure testing 116.50 – 116.00 support area but any downside pullback should be seen as a good opportunity to buy.
Immediate resistance is seen around 118.20 followed by 118.65.
The USDJPY had a bearish pressure earlier today in Asian session hit 116.71. The bias is bearish in nearest term testing 116.00 which is a good place to buy with a tight stop loss. Immediate resistance is seen around 117.20. A clear break above that area could lead price to neutral zone in nearest term testing 117.80 area.
Overall I remain bullish but a clear break below 116.00 would interrupt the bullish scenario.
The USDJPY had a bearish momentum yesterday bottomed at 116.23 and hit 116.04 earlier today in Asian session. The bias remains bearish in nearest term testing 116.00 which is a good place to buy with a tight stop loss. Immediate resistance is seen around 116.70. A clear break above that area could lead price to neutral zone in nearest term testing 117.20 or higher.
Overall I remain bullish but a clear break below 116.00 would interrupt the bullish scenario.
The USDJPY was indecisive yesterday. Price attempted to push higher, topped at 118.61 but closed lower at 117.73. The bias is neutral in nearest term. Overall I remain bullish but need a clear break above 118.60 to continue the bullish scenario testing 120.00 region. Immediate support is seen around 117.50.
A clear break below that area could trigger further bearish pressure testing 117.00 but key support remain at 116.00.
