USD/JPY Discussion

support

looks like no one gives a shi*t about manipulated cpi data. Knew it was going to be better than cons already yesterday but who cares lol Dollars going to kiss the ground.

This pair has dropped more than 40 pips, below 50-DMA, next support level will be at 119.21 level.

Once again, let come back for another USDJPY section playback,

US/JPN is broken -.-

Given the pair's ability to break 118.30, which seems less likely considering oversold oscillators, the UJ could recall 117 level in an immediate decline.

will go to sell if break 118.20 or 118.00 for confirmation

tp between 118-117 depends on price action.

The Yen rallied after Saudi Arabia and it's allies started bombing targets in Yemen.

I don't see that rally...

Japan CPI excluding fresh food came in at 2% roughly (pretty sure this is what the BOJ watches as their inflation gauge).. minus the 2% effect from the tax hike in April.. that leaves them at 0 inflation, right? More easing coming? Yen to depreciate aggressively in coming year? I don't trade yen often, any insight from the traders on this thread would be greatly appreciated. Thank you

possible long position in usd jpy mp30 .. price broke the kumo after long time and right now is above ma20 . it can touch the flat kumo near 119.000 but buy position is activated if price break above the 119.411 fractal .

FIB pulling USDJPY up. I agree with UBS...this chart appears bullish for now. 62 EMA (thick blue line) is tugging that price up too. Needs to recover that 100 MA over 120.50.

Over the weekend, BOJ Governor Kuroda noting the inflation will stay low in the 1st half of this year, and will rise from early autumn, also adding that is too early to consider easing exit strtegy.

Last week, we saw bullish engulfing from that support level so with the retracement, we can go for buy on this pair. Target will be 121 area. Now it is facing little resistance at 119.40 area. So for bullish confirmation, this pair needs to break this level.

now resistance