USD/JPY Intraday: the upside prevails. Pivot: 112.35 Our preference: long positions above 112.35 with targets @ 113.30 & 113.80 in extension. Alternative scenario: below 112.35 look for further downside with 111.75 & 111.35 as targets. Comment: the RSI is bullish and calls for further upside…. Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (28-03-2016)
March 28, 2016Japanese Yen (JPY) Trading Outlook (24-03-2016)
March 24, 2016USD/JPY Intraday: bullish bias above 112.10. Pivot: 112.10 Our preference: long positions above 112.10 with targets @ 112.90 & 113.30 in extension. Alternative scenario: below 112.10 look for further downside with 111.75 & 111.35 as targets. Comment: a support base at 112.10 has formed and… Read more
Japanese Yen (JPY) Trading Outlook (23-03-2016)
March 23, 2016USD/JPY Intraday: further advance. Pivot: 111.35 Our preference: long positions above 111.35 with targets @ 112.95 & 113.30 in extension. Alternative scenario: below 111.35 look for further downside with 111.00 & 110.65 as targets. Comment: technically the RSI is above its neutrality area at 50…. Read more
Japanese Yen (JPY) Trading Outlook (22-03-2016)
March 22, 2016USD/JPY Intraday: caution. Pivot: 111.95 Our preference: short positions below 111.95 with targets @ 111.20 & 111.00 in extension. Alternative scenario: above 111.95 look for further upside with 112.30 & 113.05 as targets. Comment: the RSI is mixed and calls for caution. Supports and resistances:… Read more
Japanese Yen (JPY) Trading Outlook (21-03-2016)
March 21, 2016USD/JPY Intraday: key resistance at 112.30. Pivot: 112.30 Our preference: short positions below 112.30 with targets @ 110.60 & 110.00 in extension. Alternative scenario: above 112.30 look for further upside with 113.05 & 113.45 as targets. Comment: as long as 112.30 is resistance, look for… Read more
Japanese Yen (JPY) Trading Outlook (18-03-2016)
March 18, 2016USD/JPY Intraday: under pressure. Pivot: 112.30 Our preference: short positions below 112.30 with targets @ 110.60 & 110.00 in extension. Alternative scenario: above 112.30 look for further upside with 113.05 & 113.45 as targets. Comment: the RSI is badly directed. Supports and resistances: 113.45 113.05… Read more
Japanese Yen (JPY) Trading Outlook (17-03-2016)
March 17, 2016USD/JPY Intraday: key resistance at 113.05. Pivot: 113.05 Our preference: short positions below 113.05 with targets @ 112.26 & 111.96 in extension. Alternative scenario: above 113.05 look for further upside with 113.45 & 113.82 as targets. Comment: as long as the resistance at 113.05 is… Read more
Japanese Yen (JPY) Trading Outlook (16-03-2016)
March 16, 2016USD/JPY Intraday: under pressure. Pivot: 113.50 Our preference: short positions below 113.50 with targets @ 112.20 & 111.60 in extension. Alternative scenario: above 113.50 look for further upside with 114.15 & 114.55 as targets. Comment: the RSI is mixed to bearish. Supports and resistances: 114.55… Read more
Japanese Yen (JPY) Trading Outlook (15-03-2016)
March 15, 2016USD/JPY Intraday: bullish bias above 113.30 Pivot: 113.30 Our preference: long positions above 113.30 with targets @ 114.25 & 114.55 in extension. Alternative scenario: below 113.30 look for further downside with 112.70 & 112.20 as targets. Comment: the RSI lacks downward momentum. Supports and resistances:… Read more
Japanese Yen (JPY) Trading Outlook (14-03-2016)
March 14, 2016USD/JPY ST: key resistance at 116.00. Pivot: 116.00 Our preference: short positions below 116.00 with targets @ 110.00 & 107.50 in extension. Alternative scenario: above 116.00 look for further upside with 118.75 & 121.70 as targets. Comment: technically the RSI is below its neutrality area… Read more