The USD/JPY has recovered strongly after its sharp down-wave. It has reached 98.35 so far, but it may have difficulty rising much higher due to resistance overhead from the 50-day moving average, although 98.60 is possible. Overall the direction of the short-term trend is somewhat in doubt and requires clarification, however, maybe slightly more bearish. Panning-out further we see a large multi-month triangle in the medium term further confuses the direction of the trend. Nevertheless, today's Non-Farm Payrolls may help clarify. Overall a break below the 98.60 lows would provide final bearish confirmation, however, only 20 pips lower and support kicks in at 98.40 , nevertheless a break below that could signal a move to support at 97.10, and possibly even the 95.65 count eventually.
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
cn 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 