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USDJPY UP TREND

USD/JPY has resistance at 113.25 and momentum is flat. Hence, we see a dip back to the base of the bull channel (109.88). A break above 113.97 to open 114.00
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USDJPY UP TREND

USD/JPY has resistance at 110.97 and momentum is flat. Hence, we see a dip back to the base of the bull channel (109.88). A break above 110.97 to open 111.61
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USDJPY UP MOVE NEXT MONTH

MACD indicator has recently witnessed a centreline crossover to trade into positive zone, further validating the above stance. The key technical obstacle is situated at the 107 level, followed by the 107.60 and 108.50 levels. A break and stability above the latter might reverse the main trend to bullish. Conversely, support is located at the 106.60 level, a breach below which might trigger further weakness in the pair, targeting the next supports at the 106.35 and psychological 105.60 levels.
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USDJPY UP TREND

[table][/table]USD/JPY support comes in at 105.09, short-term momentum has improved and a head and shoulders bottom is completed. Hence, we may see a rise to 106.74, possibly 107.50. Below 105.09 to open 104.50
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USDJPY DOWN

USDJPY managed to head to test 106.05-107.50 zone which will consider the resistance zone for the coming short-run as long as market holding trades with daily close below this zone , the downtrend pressure will sustain over market for another dip toward 103.50
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USDJPY UP TREND

The US Dollar continued its downtrend against the Yen in the previous session and marked its lowest level since mid-September 2016 at 110.33. As of now, the pair is trading in an upward trending channel on the 1H chart, after the data released in Japan showed a more-than-expected drop in the producer price index In addition, the MACD indicator has recently witnessed a centreline crossover to trade into positive zone, further validating the above stance. The key technical obstacle is situated at …
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USDJPY UP TREND

Our preference: long positions above 113.45 with targets at 113.85 /114.20 in extension.
Alternative scenario: below 113.05 look for further downside with 112.80 RSI shows upside momentum.
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USDjpy up trend

USD/JPY has broken key support at 111.61 and hence while below there chances are for a deeper dip to 110.97, possibly 110.65. above 111.61
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USDJPY DOWN TREND

USDJPY managed to head to test 112.05-40 zone which will consider the resistance zone for the coming short-run as long as market holding trades with daily close below this zone , the downtrend pressure will sustain over market for another dip toward 110.85 above 112.50 with daily close will set more advance over market toward 113.50
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USDJPY UP

USD JPY Bullish if breaks above 112.24 The US Dollar recorded significant losses against the Yen in the previous session, after the US housing starts posted a third consecutive fall in May to its lowest level since November, while the US consumer sentiment dropped to its lowest level in nine months in June. As of now, the pair is trading with an upside bias on the 1H chart, hinting at bullish momentum in the near term. Additionally, the MACD indicator has witnessed a signal line crossover from b…
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