USD/JPY Intraday: the upside prevails Pivot: 111.95 Our preference: long positions above 111.95 with targets @ 113.05 & 113.35 in extension. Alternative scenario: below 111.95 look for further downside with 111.30 & 111.00 as targets. Comment: the RSI is bullish and calls for further upside…. Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (26-02-2016)
February 26, 2016Japanese Yen (JPY) Trading Outlook (25-02-2016)
February 25, 2016USD/JPY Intraday: key resistance at 112.25. Pivot: 112.25 Our preference: short positions below 112.25 with targets @ 111.60 & 111.00 in extension. Alternative scenario: above 112.25 look for further upside with 112.70 & 113.35 as targets. Comment: the upward potential is likely to be limited… Read more
Japanese Yen (JPY) Trading Outlook (24-02-2016)
February 24, 2016USD/JPY Intraday: under pressure. Pivot: 112.70 Our preference: short positions below 112.70 with targets @ 111.65 & 111.00 in extension. Alternative scenario: above 112.70 look for further upside with 113.35 & 114.00 as targets. Comment: the RSI lacks upward momentum. The pair emerges to the… Read more
Japanese Yen (JPY) Trading Outlook (23-02-2016)
February 23, 2016USD/JPY Intraday: bullish bias above 112.70. Pivot: 112.70 Our preference: long positions above 112.70 with targets @ 113.35 & 113.65 in extension. Alternative scenario: below 112.70 look for further downside with 112.35 & 111.65 as targets. Comment: the RSI lacks downward momentum. Supports and resistances:… Read more
Japanese Yen (JPY) Trading Outlook (22-02-2016)
February 22, 2016USD/JPY Intraday: the downside prevails. Pivot: 113.20 Our preference: short positions below 113.20 with targets @ 112.35 & 111.65 in extension. Alternative scenario: above 113.20 look for further upside with 113.65 & 114.15 as targets. Comment: a break below 112.35 would trigger a drop towards… Read more
Japanese Yen (JPY) Trading Outlook (19-02-2016)
February 19, 2016USD/JPY Intraday: the downside prevails. Pivot: 114.00 Our preference: short positions below 114.00 with targets @ 113.00 & 112.35 in extension. Alternative scenario: above 114.00 look for further upside with 114.50 & 114.90 as targets. Comment: a support base at 114.00 has formed and has… Read more
Japanese Yen (JPY) Trading Outlook (19-02-2016)
February 19, 2016USD/JPY Intraday: rebound expected. Pivot: 113.55 Our preference: long positions above 113.55 with targets @ 114.52 & 114.90 in extension. Alternative scenario: below 113.55 look for further downside with 113.00 & 112.35 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 115.25 ***… Read more
Japanese Yen (JPY) Trading Outlook (17-02-2016)
February 17, 2016USD/JPY Intraday: rebound. Pivot: 113.70 Our preference: long positions above 113.70 with targets @ 114.90 & 115.25 in extension. Alternative scenario: below 113.70 look for further downside with 113.00 & 112.35 as targets. Comment: the RSI has just landed on its neutrality area at 50%… Read more
Japanese Yen (JPY) Trading Outlook (12-02-2016)
February 12, 2016USD/JPY Intraday: the downside prevails. Pivot: 113.10 Our preference: short positions below 113.10 with targets @ 111.00 & 110.25 in extension. Alternative scenario: above 113.10 look for further upside with 114.20 & 115.25 as targets. Comment: the RSI is above its neutrality area at 50%… Read more
Japanese Yen (JPY) Trading Outlook (11-02-2016)
February 11, 2016USD/JPY Intraday: the downside prevails. Pivot: 115.25 Our preference: short positions below 115.25 with targets @ 113.00 & 112.00 in extension. Alternative scenario: above 115.25 look for further upside with 115.85 & 116.50 as targets. Comment: a break below 113.00 would trigger a drop towards… Read more