USD/JPY Weekly Outlook

USD/JPY turned into sideway trading last week and such consolidations would extend further above 86.26. Nevertheless, in case of stronger recovery, upside is still expected to be limited below 89.14 resistance and bring fall resumption. Decisive break of 86.26 will confirm that whole decline from 94.97 has resumed and should
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USD/JPY Weekly Outlook

USD/JPY’s strong break of 86.96 last week confirmed that whole decline from 94.97 has resumed. Initial bias remains on the downside this week and further fall should be seen towards 84.81 low next. On the upside, above 87.36 minor resistance will turn intraday bias neutral and bring fall recovery. But
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USD/JPY Weekly Outlook

USD/JPY’s consolidation from 86.96 continued last week and with a sort term bottom in place, such consolidation could extend further with another rise. Nevertheless, upside is still expected to be limited below 90.27 resistance and bring fall resumption. Below 86.96 will target a retest on 84.81 low.
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USD/JPY Weekly Outlook

USD/JPY dropped sharply to as low as 86.96 last week. The break of 88.13/25 support zone confirmed that fall from 94.97 has resumed. A temporary low is formed at 86.96 after the fall and hence, some consolidation might be seen initially this week. But recovery should be limited well below
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USD/JPY Weekly Outlook

USD/JPY’s fall from 92.87 finally resumed last week and reached as low as 89.21. Initial bias remains on the downside for 88.97 initially this week. Break will suggest that whole consolidation from 88.25 has completed and fall from 94.97 is resuming for another low below 88.25. On the upside, above
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USD/JPY Weekly Outlook

USD/JPY’s fall last week suggests that whole decline from 92.87 is resuming. Initial bias remains on the downside this week for 88.97 support first. Break will also suggest that whole consolidations pattern from 88.25 is finished at 92.87 already and whole fall fro 94.97 is resuming for 88.13 and below.
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USD/JPY Weekly Outlook

USD/JPY continued to gyrate inside established range last week. As noted before, price actions from 88.25 are treated as consolidation to fall for 94.97 only. Below 90.53 minor support will argue that such consolidation has possibly completed and will bring decline to 88.25 support for confirmation. On the upside, in
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USD/JPY Weekly Outlook

USD/JPY’s sharp fall fro 92.87 indicates that recovery from 88.97 is finished. As note before, price actions from 88.25 are treated as consolidation to fall from 94.97. Such consolidation might have completed at 92.87 too. Initial bias is on the downside for 90.53 support first. Break there will further affirm
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USD/JPY Weekly Outlook

USD/JPY’s recovery from 88.97 extended further to as high as 91.39 last week. The development suggests that fall from 93.62 is completed. Nevertheless, there is no change in the view that price actions from 88.25 are consolidative in nature. Hence, while strong rebound might be seen initially this week, we’d
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USD/JPY Weekly Outlook

USD/JPY dropped sharply to as low as 88.97 last week before turning sideway. With 90.92 minor resistance intact, initial bias remains on the downside for 88.13/25 key support zone first. On the upside, above 90.92 minor resistance will argue that fall from 93.62 is completed and will flip intraday bias
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