FxWirePro
Short

USD/JPY Daily Outlook

FX:USDJPY   U.S. Dollar/Japanese Yen
165 0 2
USD/JPY             is trading around 119.63 with negative bias for Intraday. It is trading well below 200 day HMA , and tenken-sen.

On the upside major intraday resistance is around 120 and any break above would extend gains till 120.37 (Cloud top)/ 120.88 in short term.

The pair’s major support 119.20 and below that level will drag the pair further down till 118.69/118.

Indicators (1 Hour chart)

CCI (50) - Sell

CCI (14) - Sell

CCI (14) - Neutral

Recommendation: Sell USD/JPY             around 119.95 SL 120.35, Target 119.20.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out