FxWirePro
Long

USD/JPY Daily Outlook

FX:USDJPY   U.S. Dollar / Japanese Yen
171 0 1
Intraday trend: Bullish
Ichimoku analysis (4 Hour chart):
Tenkan-Sen level: 118.28
Kijun-Sen level: 117.95
Ichimoku cloud top: 116.98
Ichimoku cloud bottom: 116.42

USD/JPY             has broken major resistance 117.48 and trading at new high around 118.65. So overall is bullish and reach till 120 cannot be ruled out .
The pair’s minor intraday support is around 118.25. Any break below will take the pair to 117.92/117.70 (20 day HMA ). Intraday trend reversal only below 117.25.
The minor resistance is around 118.70 and any indicative break above would target 119.75 (161.8% projection of 101.08 to 110.08 form 105.18)/120

Recommendation: Buy USD/JPY             around 118, SL 117.25, Target 119.75.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter