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Action Insight: USDJPY Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



USD/JPY Weekly Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 17 12 06:32 GMT
USD/JPY rose to as high as 84.17 last week before forming a temporary top there and retreated. Initial bias is neutral this week for some consolidations. But downside should be contained above 81.86 resistance turned support and bring another rise. Above 84.17 should extend the rise from 76.02 to retest 85.51 key resistance level next.
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USD/JPY Mid-Day Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 16 12 14:57 GMT
Intraday bias in USD/JPY remains neutral for the moment and some more consolidations could be seen below 84.17. But downside is expected to be contained above 81.86 resistance turned support and bring another rally. Above 84.17 will target s test on 85.51 key resistance next.
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USD/JPY Daily Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 16 12 07:12 GMT
Intraday bias in USD/JPY remains neutral for the moment and some more consolidations could be seen below 84.17. But downside is expected to be contained above 81.86 resistance turned support and bring another rally. Above 84.17 will target s test on 85.51 key resistance next.
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USD/JPY Mid-Day Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 15 12 12:46 GMT
A temporary top is formed in USD/JPY at 84.17 and intraday bias is turned neutral for the moment. Some consolidation would be seen below 84.17 but downside is expected to be contained above 81.86 resistance turned support and bring another rally. Above 84.17 will target s test on 85.51 key resistance next.
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USD/JPY Daily Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 15 12 06:44 GMT
USD/JPY rises to as high as 84.17 so far and intraday bias remains on the upside for the moment. Rally from 76.02 should target 85.51 key resistance next. On the downside, below 83.57 minor support will turn bias neutral and bring consolidation. But retreat should be contained above 81.86 resistance turned support and bring another rally.
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USD/JPY Mid-Day Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 14 12 12:38 GMT
USD/JPY's rally continues today and at this point, intraday bias remains on the upside. Current rise form 76.0 should target 85.51 key resistance next. On the downside, below 83.07 minor support will turn bias neutral and bring consolidation. But retreat should be contained above 80.58 support and bring another rally.
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USD/JPY Daily Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 14 12 07:19 GMT
USD/JPY rises further to as high as 83.31 so far today and intraday bias remains on the upside. Current rally from 76.02 is expected to target 85.51 key resistance next. On the downside, below 82.64 minor support will turn bias neutral and bring consolidation. But retreat should be contained above 80.58 support and bring another rally.
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USD/JPY Mid-Day Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 13 12 13:29 GMT
USD/JPY's rally resumed after brief consolidation and reaches as high as 82.62 so far. Intraday bias is back on the upside and current rise from 76.02 is expected to target 85.51 key resistance next. On the downside, below 81.96 minor support will turn bias neutral and bring consolidation. But retreat should be contained above 80.58 support and bring another rally.
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USD/JPY Daily Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 13 12 07:17 GMT
A temporary top is in place at 82.64 in USD/JPY and intraday bias is turned neutral for consolidations. But downside is expected to be contained above 80.58 support and bring rally resumption. Above 86.42 will extend the rise from 76.02 to retest 85.51 key resistance level next.
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USD/JPY Mid-Day Outlook Print E-mail
USDJPY Outlook | Written by ActionForex.com | Mar 12 12 14:53 GMT
Intraday bias in USD/JPY remains on the upside for the moment. Current rally from 76.02 is expected to continue to retest 85.51 key resistance level next. On the downside, break of 80.58 support is needed to signal short term topping. Otherwise, we'll stay bullish even in case of retreat.
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