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Thread: USD/JPY

  1. #1
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    USD/JPY

    Thread for USD/JPY discussion - latest news, technical analysis, forecasts and opinions.

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  2. #21
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    as yesterday we expected that 23.6 fib level will act likely the resistance and market did that , not for the market 0.0 fibonacci level is crucial because here market getting support and it becomes stronger today we would see a bullish rally again

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    Daily pivot area is 97.43 whereas the usd wondering below of this so mean market continue couple of days since the bears patterns, more likely market will reach the S1 , keep eyes at the pivots area , nfp can usd back to 100 above

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    Well as selling expected in last analysis report , we seen market did that but the market neglect to maintian the bears , and usd bounce back to the 95.74 upper zone , market with gape high , bulls maintian the strength so more buying coming , 100 likely will be back at the chart

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  5. #24
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    as we expected yesterday that bias is bullish and market did that and usd hits 99.xx in the chart and still maintain the strength , if prices not goes below the level 98 zone , market will retrace , but will continue

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    Prices remain above the daily pivot which 94.60 and now testing the R2 , if market able to break it , then R3 , but the bias for the yen is still bulls means , USD not good in strength

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  7. #26
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    as yesterday we have talk about yen is stronger as compare to the usd , so market continue to the downwards movement but here market will stall and more retracement can be seen , if market goes below the 0 fib level which is also horizontal support so then after more selling can be seen

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  8. #27
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    Usd comes back to the bulls movement and market goes directly upward , breaking daily pivot S1 and S2 if market sustain and remain above 97 zones, then more likely 100 will be seen at the chart, trend is neutral

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  9. #28
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    as yesterday expected market remain bulls so market continue with in our analysis , we can see that usd against still showing bulls strength , we have a double bottom pattern currently which is 96.87 so if market stall here then bullish trend today still in the game

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  10. #29
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    market already taken much bounces from the 23.6 fib level and market would not be interested to take the dive again for more buying , since we know that in our last couple of analysis report we are talking about 100 level once again , so market following the bullish pattern now , 0 fib , would call more buyers

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  11. #30
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    43 already a stoch level where prices stall and then goes upward , currently market again stall here and moving upwards by stoch , market make one dohi , one hammer and still not going below the floor of the 97.28 showing the bulls maintian the stregth , but for the prices , hard to crack yet 99 zone to call 100 once again , where below the 97 we will see again selling

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