Usd/Jpy

[niteshforex]

USD/JPY rebound strongly last week on massive Japan intervention. But so far, upside was limited below near term falling trend line resistance and the pair also failed to sustain above the falling 55 days EMA. there is no confirmation of reversal yet. Initial bias is neutral this week.

[gururaj]

The USDJPY exchange rate remains firmly correlated with Treasury yields, so all things being equal, an increase in US borrowing costs that is implied by the downgrade could be expected to send the pair higher.

[niteshforex]

The Bank of Japan raised its total asset-purchase program to approximately �50 trillion, from �40 trillion previously. The Bank of Japan retained the benchmark uncollateralized overnight call rate at 0 to 0.1%.

[gururaj]

USD/JPY remains neutral for the moment. Note that despite the strong rebound from 76.20, USD/JPY is held by near term falling trend, not to mention 82.22 key resistance

[niteshforex]

Hourly chart, shows indicators slightly bearish below their midlines, while 20 SMA holds a timid bearish slope. Bigger time frames, show long upside shadows in candles that suggest the selling interest is dominating the pair".

[gururaj]

the pair is trading under the level of 79.00 , that's mean if the pair succeeded in breaking 79.00 it will continue in uptrend to 79.30 and then 79.50 , but if the pair bounced from 79.00 , it will continue in the down trend heading to 78.70 and 78.40

[fravash]

The pair has skyrocketed over 90 pips in 1 minute to peak at 79.40, only to lose most of its gains in the next 5 minutes, now back at 78.70.

yes brother, they even testing 78.4 on my chart at the moment, they may reach 77.80 before the market closed, on a higher time frame it still look a side ways for me, we shall see what happened next week

[niteshforex]

The pair has skyrocketed over 90 pips in 1 minute to peak at 79.40, only to lose most of its gains in the next 5 minutes, now back at 78.70.

[fravash]

The pair soared to 80.23 after BOJ intervened markets this Thursday, yet the strong risk aversion triggered by the ECB has pushed the pair back lower. Hourly chart shows corrective movement may extend towards key 78.45 price zone that should keep the downside limited at least for today.

they soared just temporary since then they fell through 78.50 in my chart, personally i prefer to wait before any further action ahead of the NFP, if the NFP is worse than expected 77.10 is achieve able

[gururaj]

The pair soared to 80.23 after BOJ intervened markets this Thursday, yet the strong risk aversion triggered by the ECB has pushed the pair back lower. Hourly chart shows corrective movement may extend towards key 78.45 price zone that should keep the downside limited at least for today.