Gqman

USDJPY Breakout to the downside thoughts

FX:USDJPY   U.S. Dollar / Japanese Yen
Looking at the USDJPY             the trend is down and we are coming very close in getting a breakout to the downside. Technically speaking we are very strong in a down trend. Yet fundamentally, most would say that this $100 is hard support as it's a whole number and the jpy is very weak as a currency. Personally, I'm more of a technical trader and feel that the fundamentals will come 'after the fact'. So we really need to see a lot more reversal here around $100-$107 before the Trend will reverse
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
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out