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USDJPY Outlook |
Written by ActionForex.com |
Feb 09 10 05:45 GMT |
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Intraday bias remains neutral in USD/JPY and more consolidations could still be seen above 88.57. But upside is expected to be limited below 91.26 resistance and bring fall resumption. Below 88.57 will target 87.36 support first. Break will confirm that whole rise from 84.10 has completed with three waves up to 93.74 and medium term down term down trend is resuming for another low below 84.81. However break of 91.26 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 08 10 14:52 GMT |
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No change in USD/JPY's outlook. More consolidations could still be seen above 88.57 but upside is expected to be limited below 91.26 resistance and bring fall resumption. Below 88.57 will target 87.36 support first. Break will confirm that whole rise from 84.10 has completed with three waves up to 93.74 and medium term down term down trend is resuming for another low below 84.81. However break of 91.26 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 08 10 07:59 GMT |
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Intraday bias in USD/JPY remains neutral and it's still bounded in sideway trading above 88.57. More consolidations could still be seen but upside is expected to be limited below 91.26 resistance and bring fall resumption. Below 88.57 will target 87.36 support first. Break will confirm that whole rise from 84.10 has completed with three waves up to 93.74 and medium term down term down trend is resuming for another low below 84.81. However break of 91.26 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 06 10 10:34 GMT |
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USD/JPY's fall resumed last week and dropped to as low as 88.57 before turning sideway. Initial bias remains neutral and some more consolidations could be seen above 88.57 this week. Nevertheless, upside is expected to be limited below 91.26 resistance and bring fall resumption. Below 88.57 will target 87.36 support first. Break will confirm that whole rise from 84.10 has completed with three waves up to 93.74 and medium term down term down trend is resuming for another low below 84.81. However break of 91.26 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 05 10 14:16 GMT |
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USD/JPY continues to consolidate above 88.57 and intraday bias remains neutral for the moment. Some more sideway trading might be seen but recovery is expected to be limited below 91.26 resistance and bring fall resumption. Below 88.57 will target 87.36 support next. As noted before, break of 87.36 will also confirm the bearish case that whole rise from 84.10 has completed with three waves up to 93.74 already and that medium term down trend is resuming for another low below 84.81. However break of 91.26 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 05 10 05:57 GMT |
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USD/JPY's sharp fall and break of 89.13 support confirms that whole decline from 93.74 has resumed. Some consolidations might be seen above 88.57 for the moment but upside should be limited below 91.26 resistance and bring fall resumption. Below 88.57 will target 87.36 support next. As noted before, break of 87.36 will also confirm the bearish case that whole rise from 84.10 has completed with three waves up to 93.74 already and that medium term down trend is resuming for another low below 84.81. However break of 91.26 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 04 10 14:08 GMT |
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No change in USD/JPY's outlook. Choppy recovery from 89.13 might extend further but still, fall from 93.74 is expected to continue as long as 91.86 resistance holds. Below 90.07 minor support will flip intraday bias back to the downside. Break of 89.13 will confirm fall resumption to 87.36 support next. As discussed before, break of 87.36 will also confirm the bearish case that whole rise from 84.10 has completed with three waves up to 93.74 already and that medium term down trend is resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 04 10 08:24 GMT |
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USD/JPY's choppy recovery from 89.13 might still continue further but after all, fall from 93.74 is still expected to continue as long as 91.86 resistance holds. Below 90.07 minor support will flip intraday bias back to the downside. Break of 89.13 will confirm fall resumption to 87.36 support next. As discussed before, break of 87.36 will also confirm the bearish case that whole rise from 84.10 has completed with three waves up to 93.74 already and that medium term down trend is resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 03 10 13:42 GMT |
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With 89.97 minor support intact, USD/JPY's recovery from 89.13 might continue further. Nevertheless, decline from 93.74 is still in favor to continue as long as 91.86 resistance holds. Below 89.97 will flip intraday bias back to the downside. Break of 89.13 will confirm fall resumption to 87.36 support next. As discussed before, break of 87.36 will also confirm the bearish case that whole rise from 84.10 has completed with three waves up to 93.74 already and that medium term down trend is resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 03 10 06:22 GMT |
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No change in USD/JPY's outlook. More recovery cannot be ruled out. But still, decline from 93.74 is still in favor to continue as long as 91.86 resistance holds. Below 89.97 will flip intraday bias back to the downside. Break of 89.13 will confirm fall resumption to 87.36 support next. As discussed before, break of 87.36 will also confirm the bearish case that whole rise from 84.10 has completed with three waves up to 93.74 already and that medium term down trend is resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 02 10 13:42 GMT |
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Outlook in USD/JPY remains unchanged. While further recovery cannot be ruled out, fall from 93.74 is still in favor to continue as long as 91.86 resistance holds. Below 89.97 will flip intraday bias back to the downside. Break of 89.13 will confirm fall resumption to 87.36 support next. As discussed before, break of 87.36 will also confirm the bearish case that whole rise from 84.10 has completed with three waves up to 93.74 already and that medium term down trend is resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 02 10 05:01 GMT |
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Intraday bias in USD/JPY remains neutral for the moment and more recovery cannot be ruled out. But still, fall from 93.74 is in favor to continue as long as 91.86 resistance holds. Below 89.13 will target 87.36 support next. Note that break there will also confirm the bearish case that whole rise from 84.10 should have completed with three waves up to 93.74 already and that medium term down trend is indeed resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 01 10 15:15 GMT |
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Intraday bias in USD/JPY remains neutral for the moment and more recovery cannot be ruled out. BUt still, fall from 93.74 is in favor to continue as long as 91.86 resistance holds. Below 89.13 will target 87.36 support next. Note that break there will also confirm the bearish case that whole rise from 84.10 should have completed with three waves up to 93.74 already and that medium term down trend is indeed resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Feb 01 10 06:12 GMT |
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With an intraday low in place at 89.13, bias in USD/JPY remains neutral for the moment. Though, fall from 93.74 is still in favor to continue as long as 91.86 resistance holds. Below 89.13 will target 87.36 support next. Note that break there will also confirm the bearish case that whole rise from 84.10 should have completed with three waves up to 93.74 already and that medium term down trend is indeed resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Jan 31 10 07:56 GMT |
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USD/JPY edged lower to 89.13 last week but recovered since then. The break of 90.55 suggest that an intraday low is in place and turn bias neutral for the moment. Nevertheless, fall from 93.74 is still in favor to continue as long as 91.86 resistance holds. Below 89.13 will target 87.36 support next. Note that break there will also confirm the bearish case that whole rise from 84.10 should have completed with three waves up to 93.74 already and that medium term down trend is indeed resuming for another low below 84.81. However break of 91.86 will invalidate the bearish view and suggest that rise from 84.81 is still in progress for another high above 93.74. |
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USDJPY Outlook |
Written by ActionForex.com |
Jan 29 10 06:52 GMT |
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At this point, intraday bias in USD/JPY remains neutral as sideway consolidation from 89.13 might still continue further. But after all, we'd still expect upside to be limited by 90.55 resistance and bring fall resumption. Below 89.13 will target 87.36 support next and break there will confirm that whole rise from 84.10 has completed with waves up to 93.74 already. Also, it will indicate that medium term down trend is resuming for another low below 84.81. However, sustained trading above 90.55 resistance will dampen this bearish view and turn focus back to 91.86/92.03 resistance zone instead. |
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USDJPY Outlook |
Written by ActionForex.com |
Jan 28 10 14:02 GMT |
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Intraday bias in USD/JPY remains neutral for the moment as sideway trading from 89.13 might continue. Nevertheless, we'd still expect upside to be limited by 90.55 resistance and bring fall resumption. Below 89.13 will target 87.36 support next and break there will confirm that whole rise from 84.10 has completed with waves up to 93.74 already. Also, it will indicate that medium term down trend is resuming for another low below 84.81. However, sustained trading above 90.55 resistance will dampen this bearish view and turn focus back to 91.86/92.03 resistance zone instead. |
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USDJPY Outlook |
Written by ActionForex.com |
Jan 28 10 06:29 GMT |
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USD/JPY's strong rebound from 89.13 and break of 89.76 minor resistance indicates that an intraday low is in place and turns bias neutral. Some consolidations could be seen but we'd expect 90.55 resistance holds and bring fall resumption. Below 89.13 will target 87.36 support next and break there will confirm that whole rise from 84.10 has completed with waves up to 93.74 already. Also, it will indicate that medium term down trend is resuming for another low below 84.81. However, sustained trading above 90.55 resistance will dampen this bearish view and turn focus back to 91.86/92.03 resistance zone instead. |
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USDJPY Outlook |
Written by ActionForex.com |
Jan 27 10 14:35 GMT |
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At this point, intraday bias remains on the downside with 89.76 minor resistance intact and current decline from 93.74 is still expected to continue to 87.36 support next. Break there will confirm that whole rise fro 84.10 has completed with waves up to 93.74 already. Also, it will indicate that medium term down trend is resuming for another low below 84.81. On the upside, above 89.76 minor resistance will turn intraday bias neutral and bring consolidation. But recovery should be limited by 90.55 resistance and bring fall resumption. |
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