Usd/Jpy

[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

[rakesh]

The Japanese economy released some disappointing data regarding the exports during July, where exports slumped by 3.3% due to the strong currency and the slowdown in the U.S. and China.

[Victoryindia]

Dollar upside attempt seen on early Asian session has been capped at 77.00 resistance area, and the pair returned to previous levels to push lower on early European session breaching below 76.40 week low and approaching 76.25 record low.

[sagar]

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

[rakesh]

the pair and as we can see from the chart has closed it's daily candle above the level of 76.50 , so , that's mean the up trend is still standing and the pair is heading to 76.70 then 77.00

[sagar]

We have not seen any significant movements of the husband since the morning, but we can see a stable pair above the level of 76.45-76.25. And therefore, will remain on our positive outlook for the rest of trading today. Note that the husband must penetrate the 77.20-77.40 levels to enable this scenario, while the 75.80-76.00 levels must be no movement of the base to the top.