USDJPY Outlook

usd/jpy-mid-day-outlook

13 Jul: USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.97; (P) 159.37; (R1) 161.30; More… No change in USD/JPY’s outlook. Deeper decline is expected with 160.25 support turned resistance intact. Fall from 161.94 is seen as corrective the five-wave rally from 140.25. Sustained break of 55 D EMA (now at 157.71) will affirm this bearish case. Next target will be 38.2%

usd/jpy-every-day-outlook

13 Jul: USD/JPY Every day Outlook

Daily Pivots: (S1) 156.97; (P) 159.37; (R1) 161.30; More… USD/JPY recovered after falling sharply to 157.41 but further decline is expected with 160.25 support turned resistance intact. Considering bearish divergence condition in D MACD, fall from 161.49 might already be correcting the whole five-wave rally from 140.25. Sustained break of 55 D EMA (now at

usd/jpy-mid-day-outlook

12 Jul: USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 161.38; (P) 161.59; (R1) 161.93; More… USD/JPY declines sharply in early US session and breaks 160.25 support decisively. Considering bearish divergence condition in D MACD, fall from 161.49 might already be correcting the whole five-wave rally from 140.25. Intraday bias is back on the downside. Sustained break of 55 D EMA (now

usd/jpy-each-day-outlook

12 Jul: USD/JPY Each day Outlook

Daily Pivots: (S1) 161.38; (P) 161.59; (R1) 161.93; More… Range trading continues in USD/JPY below 161.94 and intraday bias remains neutral. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of

usd/jpy-mid-day-outlook

11 Jul: USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.85; (P) 161.18; (R1) 161.63; More… USD/JPY is still staying in range below 161.95 and intraday bias remains neutral. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break

usd/jpy-day-by-day-outlook

11 Jul: USD/JPY Day by day Outlook

Daily Pivots: (S1) 160.85; (P) 161.18; (R1) 161.63; More… Intraday bias in USD/JPY remains neutral as range trading continues below 161.94. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of

usd/jpy-mid-day-outlook

10 Jul: USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.28; (P) 160.84; (R1) 161.35; More… Intraday bias in USD/JPY stays neutral at this point. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 temporary top will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of 160.25