Usd/Jpy

[sagar]

as we can see from the chart , the pair has stated it's trading week under the level of 77.00 and that's mean that the down trend is expected for this week and the pair might head to 76.70 and then 76.40

[siddesh]

break of 85.51 is needed to be the first signal of medium term reversal. Otherwise, we'll stay cautiously bearish in the pair.

[sagar]

There is no indication of trend reversal yet even though medium term downside momentum is diminishing with bullish convergence condition in weekly MACD

[siddesh]

still not much we can do with this pair.......it traded sideway since monday maybe it because of lack of good news or the boj need something to do to control yen.....my view still same and this pair need to go down

[sagar]

as we can see the down trend very clear on the weekly chart here and for the previous week the down diriction continue and the bearish candle closed under stron support of 76.50 so it seem we gonna see more falling next week for this pair

[siddesh]

Setbacks have stalled out just ahead of the 76.25 record lows from March, with the market dropping to 76.30 ahead of the latest consolidation. Given that we are seeing the rate by record lows, we would not at all be surprised to soon see the formation of a material base in favor of significant upside back above 80.00.

[sagar]

Such down trend is expected to extend further into uncharted territory with 70 psychological level as next target. In any case, we'd at least need to see sustained break of 85.51 before considering trend reversal.

[Victoryindia]

USD/JPY dips to as low as 75.94 last week and the break of 76.28 confirms resumption of the whole fall from 85.51.initial bias will remain on the downside this week and further fall should be seen towards 100% projection of 81.46 to 76.28 from 80.23 at 75.05 next

[rakesh]

the pair and as we can see from the chart has closed it's daily candle above the level of 76.00 , so , that's mean the up trend is still standing and the pair is heading to 77.00 then 77.50

[sagar]

we can see that the pair has failed in breaking 76.00 and bounced from it , so that's mean the up trend is expected and the pair might head to 76.60 and then 76.80