Daily Pivots: (S1) 113.04; (P) 113.30; (R1) 113.75; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. On the downside, sustained break of 112.71 will argue that it’s already correcting whole rise from 102.58. Deeper fall would be seen to 38.2% retracement of 102.58 to 115.51 at 110.57. On the upside, break of…
USDJPY Outlook
Daily Pivots: (S1) 112.40; (P) 113.00; (R1) 113.45; More… No change in USD/JPY’s outlook and intraday bias stays neutral with focus on 112.71 support. On the downside, sustained break of 112.71 will argue that it’s already correcting whole rise from 102.58. Deeper fall would be seen to 38.2% retracement of 102.58 to 115.51 at 110.57.…
Daily Pivots: (S1) 112.40; (P) 113.00; (R1) 113.45; More… Intraday bias in USD/JPY remains neutral with focus on 112.71 support. On the downside, sustained break of 112.71 will argue that it’s already correcting whole rise from 102.58. Deeper fall would be seen to 38.2% retracement of 102.58 to 115.51 at 110.57. On the upside, break…
USD/JPY’s fall from 115.51 extended lower last week but it’s still holding on to 112.71 support. Initial bias remains neutral this week first. On the downside, sustained break of 112.71 will argue that it’s already correcting whole rise from 102.58. Deeper fall would be seen to 38.2% retracement of 102.58 to 115.51 at 110.57. On…
Daily Pivots: (S1) 112.82; (P) 113.08; (R1) 113.44; More… Intraday bias in USD/JPY stays neutral at this point. On the upside, break of 113.94 minor resistance will turn bias back to the upside for retesting 115.51 high instead. On the downside, sustained break of 112.71 structural support will argue that fall from 115.51 is already…
Daily Pivots: (S1) 112.82; (P) 113.08; (R1) 113.44; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. On the downside, sustained break of 112.71 structural support will argue that fall from 115.51 is already correcting whole rise from 102.58. Deeper decline would then be seen to 38.2% retracement of 102.58 to 115.51 at…
Daily Pivots: (S1) 112.43; (P) 113.03; (R1) 113.39; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, sustained break of 112.71 structural support will argue that fall from 115.51 is already correcting whole rise from 102.58. Deeper decline would then be seen to 38.2% retracement of 102.58 to 115.51 at 110.57.…