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USD/JPY MAY RISE IN FED RATE HIKE EXPECTATIONS

VAISHU09 Posted 11 Ott as Analysis on USD/JPY, Target: 114.070, Date: 1 di Dicembre, 12:00 GMT  in #Technical analysis #USD/JPY
USD/JPY is in uptrend on daily chart, but consolidating on weekly chart. As in September meeting Fed Chair Jannet Yellen indicated that there is probability of Fed rate hike in December and so USD/JPY is almost up 600 pips from low levels of 107.200. Now probability of Fed rate hike stands at 82% . I expect it to consolidate at the range of 114, so my target is at 114.070.
Technical Analysis: USD/JPY is in uptrend on monthly and on weekly chart.
Tools Used: Ichimoku Cloud, Fibonacci Retracement.…
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TECHNICAL OUTLOOK ON USD/JPY

VAISHU09 Posted 7 Set as Analysis on USD/JPY, Target: 111.04, Date: 1 di Novembre, 12:00 GMT  in #Technical analysis #USD/JPY
In recent days USD/JPY has retraced to lower levels because of administration failure in passing key bills like healthcare bill. Then geopolitical tension in Asia Pacific region. So JPY got strengthened. And also economic data of United States is below market participants expectations. I expect USD/JPY to trade in range as further rate hike signal by Federal reserve.
Technical analysis: USD/JPY is in downtrend on weekly and on monthly basis.
TOOLS USED: Ichimoku Indicator. Fibonacci Retracements…
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