USD/JPY Intraday: under pressure. Pivot: 113.40 Our preference: short positions below 113.40 with targets @ 112.20 & 111.96 in extension. Alternative scenario: above 113.40 look for further upside with 114.25 & 114.50 as targets. Comment: the RSI is badly directed. Supports and resistances: 114.50 114.25… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (11-03-2016)
March 11, 2016Japanese Yen (JPY) Trading Outlook (10-03-2016)
March 10, 2016USD/JPY Intraday: rebound. Pivot: 112.70 Our preference: long positions above 112.70 with targets @ 113.50 & 113.80 in extension. Alternative scenario: below 112.70 look for further downside with 112.20 & 111.85 as targets. Comment: the RSI is bullish and calls for further upside. The pair… Read more
Japanese Yen (JPY) Trading Outlook (09-03-2016)
March 9, 2016USD/JPY Intraday: under pressure. Pivot: 113.25 Our preference: short positions below 113.25 with targets @ 112.10 & 111.85 in extension. Alternative scenario: above 113.25 look for further upside with 113.50 & 113.80 as targets. Comment: the RSI is mixed to bearish. The pair has validated… Read more
Japanese Yen (JPY) Trading Outlook (08-03-2016)
March 8, 2016USD/JPY Intraday: turning down. Pivot: 113.50 Our preference: short positions below 113.50 with targets @ 112.50 & 112.10 in extension. Alternative scenario: above 113.50 look for further upside with 114.25 & 114.55 as targets. Comment: the RSI is bearish and calls for further downside. Supports… Read more
Japanese Yen (JPY) Trading Outlook (07-03-2016)
March 7, 2016USD/JPY Intraday: the bias remains bullish. Pivot: 113.20 Our preference: long positions above 113.20 with targets @ 114.25 & 114.55 in extension. Alternative scenario: below 113.20 look for further downside with 112.85 & 112.50 as targets. Comment: the RSI is mixed to bullish. Supports and… Read more
Japanese Yen (JPY) Trading Outlook (04-03-2016)
March 4, 2016USD/JPY Intraday: the upside prevails. Pivot: 113.20 Our preference: long positions above 113.20 with targets @ 114.25 & 114.55 in extension. Alternative scenario: below 113.20 look for further downside with 112.85 & 112.50 as targets. Comment: even though a continuation of the consolidation cannot be… Read more
Japanese Yen (JPY) Trading Outlook (03-03-2016)
March 3, 2016USD/JPY Intraday: the upside prevails. Pivot: 114.06 Our preference: short positions below 114.06 with targets @ 112.87 & 112.50 in extension. Alternative scenario: above 114.06 look for further upside with 114.56 & 114.85 as targets. Comment: the RSI calls for a drop. Supports and resistances:… Read more
Japanese Yen (JPY) Trading Outlook (02-03-2016)
March 2, 2016USD/JPY Intraday: the upside prevails. Pivot: 112.92 Our preference: long positions above 112.92 with targets @ 114.50 & 114.85 in extension. Alternative scenario: below 112.92 look for further downside with 112.50 & 111.95 as targets. Comment: the RSI is badly directed. Supports and resistances: 115.19… Read more
Japanese Yen (JPY) Trading Outlook (01-03-2016)
March 1, 2016USD/JPY Intraday: turning down. Pivot: 113.20 Our preference: short positions below 113.20 with targets @ 111.95 & 111.30 in extension. Alternative scenario: above 113.20 look for further upside with 114.00 & 114.50 as targets. Comment: the RSI is badly directed. Supports and resistances: 114.50 114.00… Read more
Japanese Yen (JPY) Trading Outlook (29-02-2016)
February 29, 2016USD/JPY Intraday: the bias remains bullish. Pivot: 112.50 Our preference: long positions above 112.50 with targets @ 114.00 & 114.50 in extension. Alternative scenario: below 112.50 look for further downside with 111.95 & 111.30 as targets. Comment: even though a continuation of the consolidation cannot… Read more
