The USDJPY had a strong bullish momentum yesterday topped at 109.50 and hit 109.58 earlier today in Asian session. The bias is bullish in nearest term testing 110.00 but from a H4 chart perspective as you can see on my H4 chart below, price is still in a bearish trend since fell from 114.50 level on July and this bearish trend can only be cancelled by a movement above 111.00 area.
Immediate support is seen around 108.70. A clear break below that area could lead price to neutral zone in nearest term testing 108.00 area. Overall I remain neutral.
The USDJPY continued its bullish momentum yesterday topped at 110.25 and hit 110.29 earlier today in Asian session. The bias remains bullish in nearest term but as long as stay below 111.00 key resistance the H4 chart bias should remain bearish.
Immediate support is seen around 109.85/50. A clear break below that area could lead price to neutral zone in nearest term testing 109.00 support area. On the upside, a clear break and daily close above 111.00 would change the H4 chart bias to a neutral condition. Overall I remain neutral.
The USDJPY continued its bullish momentum yesterday topped at 110.68 and hit 110.73 earlier today in Asian session. The bias remains bullish in nearest term testing 111.00 key resistance.
Immediate support is seen around 109.85. A clear break below that area could lead price to neutral zone in nearest term testing 109.25 or lower. The 4H chart technical bias remains bearish but a clear break and daily close above 111.000 key resistance would change the 4H chart bias to a neutral condition. Overall I remain neutral.
The USDJPY attempted to push higher yesterday slipped above 111.00 key resistance but whipsawed to the downside and closed lower at 110.21 and hit 109.54 earlier today in Asian session. We have a bearish pin bar formation as you can see on my H4 chart below suggests a bearish view. The bias is bearish in nearest term testing 109.25/00 area.
Immediate resistance is seen around 110.50. A clear break above that area could lead price to neutral zone in nearest term retesting 111.00 key resistance area. As long as stay below 111.00, my H4 chart bias remains bearish. Overall I remain neutral.
The USDJPY had a strong bullish momentum last week slipped above 111.00 key resistance area as you can see on my H4 chart below. This fact changes my H4 chart technical bias to a neutral condition. The bias is bullish in nearest term testing 112.15 area.
Immediate support is seen around 110.50. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.
The USDJPY continued its bullish momentum yesterday topped at 111.66. The bias remains bullish in nearest term testing 112.15 region. A clear break and daily close above that area would expose 113.10/50 region.
Immediate support is seen around 111.00 area. A clear break below that area could lead price to neutral zone in nearest term testing 110.50 area or lower. My H4 chart bias is now neutral but clearly bullish at H1 chart. Overall I remain neutral.
The USDJPY was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase since bounced-off 107.50 support area. Immediate support is seen around 111.00. A clear break below that area could trigger further bearish pressure testing 110.50 or lower.
Immediate resistance is seen around 112.15. A clear break and daily close above that area could trigger further bullish pressure testing 113.10/50 area. Overall I remain neutral.
The USDJPY continued its bullish momentum yesterday topped at 112.53 and hit 112.64 earlier today in Asian session. The bias is bullish in nearest term testing 113.10/50 region.
Immediate support is seen around 112.15 – 111.85 area. A clear break below that area could lead price to neutral zone in nearest term but as long as stay above 111.00 my H1 chart bias remains bullish. Overall I remain neutral.
The USDJPY continued its bullish momentum yesterday topped at 112.71. The bias remains bullish in nearest term testing 113.10/50 resistance area.
Immediate support remains around 112.15 – 111.85 region. A clear break below that area could lead price to neutral zone in nearest term but as long as stay above 111.00 my H1 chart bias remains bullish. My H4 and daily chart bias remains neutral.
The USDJPY continued its bullish momentum last week topped at 112.71 but closed lower at 111.97. The bias is neutral in nearest term but as long as stay above 111.00 my H1 chart bias remains bullish targeting 113.50 as nearest bullish target.
Immediate resistance is seen around 112.71. A clear break and daily close above that area could trigger further bullish pressure testing 113.50 or higher. Immediate support is seen around 111.65 followed by 111.00 key support. Overall I remain neutral.
