USD/JPY Intraday: the downside prevails Pivot: 118.85 Our preference: short positions below 118.85 with targets @ 117.95 & 117.5 in extension. Alternative scenario: above 118.85 look for further upside with 119.2 & 119.6 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 119.6… Read more
JPY Trading Outlook Archive
Japanese Yen (JPY) Trading Outlook (26-01-2016)
January 26, 2016Japanese Yen (JPY) Trading Outlook (25-01-2016)
January 25, 2016USD/JPY ST: key resistance at 121.5. Pivot: 121.5 Our preference: short positions below 121.5 with targets @ 116 & 113.85 in extension. Alternative scenario: above 121.5 look for further upside with 123.8 & 126 as targets. Comment: even though a continuation of the technical rebound… Read more
Japanese Yen (JPY) Trading Outlook (22-01-2016)
January 22, 2016USD/JPY Intraday: the upside prevails. Pivot: 117.1 Our preference: long positions above 117.1 with targets @ 118.1 & 118.35 in extension. Alternative scenario: below 117.1 look for further downside with 116.6 & 116.2 as targets. Comment: the RSI is mixed to bullish. Supports and resistances:… Read more
Japanese Yen (JPY) Trading Outlook (21-01-2016)
January 21, 2016USD/JPY Intraday: key resistance at 117.3. Pivot: 117.3 Our preference: short positions below 117.3 with targets @ 116.4 & 115.95 in extension. Alternative scenario: above 117.3 look for further upside with 117.65 & 118.1 as targets. Comment: as long as the resistance at 117.3 is… Read more
Japanese Yen (JPY) Trading Outlook (20-01-2016)
January 20, 2016USD/JPY Intraday: the bias remains bullish. Pivot: 117.2 Our preference: long positions above 117.2 with targets @ 118.05 & 118.35 in extension. Alternative scenario: below 117.2 look for further downside with 116.85 & 116.5 as targets. Comment: the RSI has just landed on its neutrality… Read more
Japanese Yen (JPY) Trading Outlook (19-01-2016)
January 19, 2016USD/JPY Intraday: key resistance at 117.45. Pivot: 117.45 Our preference: short positions below 117.45 with targets @ 116.85 & 116.5 in extension. Alternative scenario: above 117.45 look for further upside with 117.95 & 118.35 as targets. Comment: the upward potential is likely to be limited… Read more
Japanese Yen (JPY) Trading Outlook (18-01-2016)
January 18, 2016USD/JPY ST: the downside prevails Pivot: 121.5 Our preference: short positions below 121.5 with targets @ 116 & 113.85 in extension. Alternative scenario: above 121.5 look for further upside with 123.8 & 126 as targets. Comment: the RSI is capped by a declining trend line…. Read more
Japanese Yen (JPY) Trading Outlook (15-01-2016)
January 15, 2016USD/JPY Intraday: consolidation. Pivot: 118.35 Our preference: short positions below 118.35 with targets @ 117.45 & 117.2 in extension. Alternative scenario: above 118.35 look for further upside with 118.6 & 118.85 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 118.85 *** 118.6… Read more
Japanese Yen (JPY) Trading Outlook (14-01-2016)
January 14, 2016USD/JPY Intraday: caution Pivot: 117.6 Our preference: long positions above 117.6 with targets @ 118.45 & 118.8 in extension. Alternative scenario: below 117.6 look for further downside with 117.2 & 116.7 as targets. Comment: the RSI is mixed. Supports and resistances: 119.15 *** 118.8 ***… Read more
Japanese Yen (JPY) Trading Outlook (13-01-2016)
January 13, 2016USD/JPY Intraday: under pressure. Pivot: 117.95 Our preference: short positions below 117.95 with targets @ 117.15 & 116.7 in extension. Alternative scenario: above 117.95 look for further upside with 118.8 & 119.3 as targets. Comment: the RSI is capped by a declining trend line. Supports… Read more
