Usd/Jpy

[rakesh]

On the upside, above 77.32 minor resistance will bring recovery. But we'll stay cautiously bearish as long as 80.23 resistance holds

[anchitkole]

Prices put in a pair of Doji candlesticks at 76.28, the 76.4 percent Fibonacci extension support level, pointing to indecision above the pair’s record low, hinting a correction higher may be ahead

[anitagala124]

the pair and as we can see from the chart is trading under level 77.00 , so , that's mean the down trend is still standing and the pair might head to 76.50 and then 76.20 how ever the pair made any hourly correction

[Victoryindia]

The Dollar dropped last week, retracing the whole recovery triggered by BoJ intervention, in Aug 4, to retest 76.30 low, before consolidating below 77.00, building pressure towards 74.00 and 73.00, says Mohammed Isah, analyst at FXTechstrategy.

[anchitkole]

If unable to pass the level USDJPY 77.86, and open below 77.86, then the pair back down to a level potentially 76.29. However, if back through 77.86, and open above 77.86, then the pair potential back up to the level of 78.27.

[anitagala124]

It seems that the pair has stated it's trading week under the level of 77.00 and that's mean that the down trend is still standing and the pair might head to 76.50 and then 76.20

[anitagala124]

USD/JPY hit 76.29 on Thursday, the lowest since August 1; the pair subsequently consolidated at 76.72 by close of trade on Friday, dropping 1.6% over the week.

[rakesh]

USD/JPY dropped to as low as 76.30 last week but lost momentum ahead of 76.28 support and turned sideway. Nevertheless, further fall is still expected with 77.32 minor resistance intact

[anitagala124]

the pair and as we can see from the chart has closed it's daily candle under the level of 77.00 , so , that's mean the down trend is still standing and the pair is heading to 76.60 then 76.40

[anchitkole]

Prices put in a pair of Doji candlesticks at 76.28, the 76.4 percent Fibonacci extension support level, pointing to indecision above the pair’s record low, hinting a correction higher may be ahead