India Crypto Exchange

Best Bitcoin Trading Platform

USD/JPY, EUR/JPY And CAD/JPY Outlook Neutral

USD/JPY, EUR/JPY And CAD/JPY Outlook Neutral

USD/JPY ranges from important resistance at 109.00/10 to first support at 108.30/20.

EUR/JPY we wrote: holding above 129.45/55 is a buy signal targeting 129.85/95. A break above 130.05 is a buy signal initially targeting 130.30/35.

We bottomed exactly at 129.45/55 and have reached 130.28.

CAD/JPY shorts at 8615/25 unfortunately stopped above 8665.

Today’s Analysis

USD/JPY scalpers can buy a break above 108.80 to target important longer term resistance at 109.00/10. Try shorts with stops above 109.35.

First support at 108.30/20. (We bottomed exactly here this week) Further losses meet strong support at 107.65/55.

EUR/JPY holding above 129.45/55 is a buy signal targeting 129.85/95. A break above 130.05 is a buy signal initially targeting 130.30/35. If we continue higher today look for 130.55/60.

Buy 129.55/45 with stops below 129.30.

CAD/JPY holding above 8615/25 is a buy signal as we target 8685/95. A break above 8705 targets 8740/50.

First support at 8640/30. Longs need stops below 8615.

Trends

  • Weekly Outlook Neutral
  • Daily Outlook Neutral
  • Short Term Outlook Neutral

JPY Chart

0 0 votes
文章评分
Subscribe
Notify of
guest
0 评论
Inline Feedbacks
View all comments