USD/JPY Discussion

I would trail stop now 119.47

With the weaker US economics, chances are higher that the USDJPY re-test 118.30 horizontal mark should it breaks the resistance turned support at 119.30

The TP which I recommended to you has been hit, and the price has bounced clean off of that price.

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Reload uj at 119.5 (late entry)
Tp 119

Are you sure? It's not look like...

It looks like the greenback is recovering some ground lost previously against Yen, the support level can be found at 119.30 zone.

USDJPY seems less likely to break 119.

USDJPY Buy Signal

Why do I feel that this downward pressure maybe caused by poor U.S. data plus the rising tension in both the middle east and in the Ukraine. Then again it's forex, it could be as benign as someone farting in the wrong direction or a case of fat fingers.

Head & shoulder in usdjpy

Symmetrical Pattern AB=CD

Sure..and it is done already...

I will watch 119.6 - 119.75 closely.
My view is bearish, but might go up first.
Could be wrong.
Will see.

Support 1: 118.70
Support 2: 118.27

Resistance 1: 119.66
Resistance 2: 120.18
Current fall is near an end of wave around 118.70 zone, a rally should then procede to above 119.66. Fall below 118.27 would cancel this scenario.

rising hammer on w1 by friday's close..

#comeatmebrah

My view is bearish, in short term

Considering the USD weakness the USDJPY is re-testing the 119 ascending trend-line support, breaking which 118.30 are sub-118 support can't denied.