USD/JPY Analysis - page 48

[Ari Goldman]

Too tough to trade now with the looming stock market disaster.

[Diana Jackson]

The pair keeps testing the support at 108.00 but I think it will rebound from it again in the near future.

[Muhammad Syamil Bin Abdullah]

USDJPY continue to downside.

[Chris Mukengeshayi]

Muhammad Syamil Bin Abdullah:

USDJPY continue to downside.

But not for too long

[Diana Jackson]

We'll see. It dropped to 107.50 and I think it will reach at least 107.00 before we see any correction.

[Alizafar]

Alizafar:
107.35

107.35

[Szymon Palczynski]

H1

[mtllc]

Yesterday the USD/JPY marked a 15-month low at 106.84 from where now is pulling back. Indicators on the daily chart remain in negative terriroty and had lost directional strength. Despite today’s bounce, below 108.05 the bearish bias prevails.

[Diana Jackson]

I think the pair will continue to depreciate too. Next target is, in my opinion, 106.50.

[Diana Jackson]

It reached 106.50 as I thought it would, in my opinion next target will be at 106.00 and below.