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Thread: AceTraderFx Jan 27: Daily Outlook on Major USD/JPY

  1. #1
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Jan 27: Daily Outlook on Major USD/JPY

    Daily Recommendations on Major USD/JPY
    27 Jan 2014
    00:26 GMT

    DAILY OUTLOOK ON USD/JPY - 102.27

    Intra-day selloff below Fri's low at 102.00 to 101.77 on Monday suggests corrective fall fm Jan's 5-year peak at 105.45 remains in progress n down- side bias remains for weakness to 101.62, then 101. 30/35 but sup 101.14/15 wud hold n yield rebound.
    khyangg likes this.

  2. #2
    AceTraderFX is offline Senior Member
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    Smile AceTraderFx Jan 28: Daily Outlook on Major USD/JPY

    Daily Recommendations on USD/JPY
    28 Jan 2014
    00:07 GMT

    DAILY OUTLOOK ON USD/JPY - 102.55

    Although USD's rebound from Mon's 7-week bottom of 101.77 to 102.93 signals recent fall from Jan's 5-yr peak at 105.45 has made a minor low,
    subsequent retreat to 102.20 in NY suggests as long as 102.93 holds, decline would resume to 101.62, then 101.40.

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