USDJPY Outlook

Daily Pivots: (S1) 142.41; (P) 143.68; (R1) 145.12; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. Upside of current recovery should be limited below 156.48 resistance to bring another decline. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at 136.63. In the

Daily Pivots: (S1) 142.15; (P) 142.66; (R1) 143.30; More… No change in USD/JPY for now despite today’s strong recovery. Upside should be limited below 156.48 resistance to bring another decline. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at 136.63. In the bigger picture, fall

Daily Pivots: (S1) 142.15; (P) 142.66; (R1) 143.30; More… While USD/JPY’s recovery from 140.94 extends higher today, outlook is unchanged. Upside of recovery should be limited well below 146.58 resistance to bring another decline. On the downside, break of 140.94 will resume the fall from 151.89 to next fibonacci level at 136.63. In the bigger

Daily Pivots: (S1) 141.57; (P) 142.02; (R1) 142.61; More… USD/JPY is still extending consolidation from 140.95 and intraday bias remains neutral. Stronger recovery cannot be ruled out. But upside should be limited well below 146.58 resistance to bring another decline. On the downside, break of 140.94 will resume the fall from 151.89 to next fibonacci

Daily Pivots: (S1) 141.57; (P) 142.02; (R1) 142.61; More… Intraday bias in USD/JPY remains neutral as consolidation from 140.94 is extending. Stronger recovery cannot be ruled out. But upside should be limited well below 146.58 resistance to bring another decline. On the downside, break of 140.94 will resume the fall from 151.89 to next fibonacci

Despite much volatility last week, USD/JPY’s fall from 151.89 is still in progress. But as a temporary low was formed at 140.94, initial bias is neutral this week first for consolidations. Upside should be limited well below 146.58 resistance to bring another decline. Break of 140.94 will target next fibonacci level at 136.63. In the

Daily Pivots: (S1) 140.92; (P) 141.92; (R1) 142.87; More… Intraday bias in USD/JPY remains mildly on the downside for the moment. Current decline from 151.89 should target next fibonacci level at 136.63. On the upside, above 142.91 minor resistance will turn intraday bias neutral first. But recovery should be limited well below 146.58 resistance to