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Forex-usdjpy

USD/JPY - Thursday news releases a pivotal moment for the USDUSD/JPY - Thursday will be a key day for the U.S. Dollar. Major economic news being released throughout this week that could cause a reversal in the USD's recent downtrend. If people like what they hear and we break through the ICH cloud resistance we can expect a trend reversal with a short term target @ $111.00 . if we see it bounce off that ICH cloud res. however, expect the USD to continue bleeding out down to it's next support level @ $108.4
by Tleleux
1
USD/JPY (22/1/18) *Potential Swing Up ahead first and ..We have no doubt is USDJPY is in the downtrend and I think it will continue to do so. In the meanwhile, they may due for a nice rebound back after "sucking in lots of late short". It can swing back up to whip those shorts out first before it eventually drips down lower. I am slight Bear at the moment and I will rather stay patient before I decide to short. Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
by SonicDeejay
The American Eagle De-Appreciation Before The Appreciation The JPY has been moving quite heft and strong over the past weeks with the Nikkei 225 also doing re-tests so we've got some action happening in the JPY - The USD has been manipulated heavily throughout 2017 with the USD Appreciating more than de-appreciating, but it's come to a level of exhaustion right now and we can confirm that because the market retraced at a resistance, and also broke through a significant event area - A potential 50% Fibbo re-test from the lowest leg till the highest leg on the overall trend, so i'm going to presume that the USD could potentially drop to 110.500 before starting to appreciate in value again.
Short
by Abdul_Light