FxWirePro
Long

USD/JPY Short term Outlook

FX_IDC:USDJPY   U.S. Dollar/Japanese Yen
158 0 0
USD/JPY             has taken support around 117 and has recovered from that level. Overall trend is bullish as long as 117 holds.

On the upside 118.85 is acting as major resistance any break above will take the pair to 119.95/120.75 in short term.

The pair’s minor support is around 117 and break below will target 116.80/116.

Indicators (4 Hour chart)
CCI (50) - Buy
CCI (14) - Buy
Ichimoku- Buy

Recommendation: Buy USD/JPY             around 118.25-35, SL 117, Target 119.95/120.70.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out