FxWirePro
Long

USD/JPY Short term Outlook

FX:USDJPY   U.S. Dollar / Japanese Yen
226 0 4
USD/JPY             has formed temporary bottom around 118 and is recovering from that level. Any bullish invalidation can happen only below 118.

On the downside break below 118 will target 116.80/115.55.

The pairs minor resistance is around 119.21 and break of will extend gain till 120.48/121.80.

Indicators (4 hour chart)
CCI (50) – Buy
CCI (14) – Buy
Ichimoku- Neutral

Recommendation: Buy USD/JPY             around 119, SL 118, Targets 120.48/121.80.

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out