For the moment I don't have any new positions as I don't think there will be any major changes before the US Non-Farm Payrolls tomorrow. I think range will continue until then.

USD/JPY Discussion

As I thought it would, USD/JPY rebounded from 110.00 and not only reached 110.70 but it almost reached 111.00. I think that if the rally continues today we'll see it reach 111.50.

USD/JPY Discussion

I think USD/JPY may rebound from 110.00 since it has formed a bullish inverted hammer bar on the H4 time frame at that level. Next target is around 110.50 - 110.70, in my opinion.

USD/JPY Discussion

USD/JPY is range-bound around 110.50 and so far appears very undecided. I think we'll have to wait for the news later this week and especially the NFP for USD/JPY to pick a more clear direction.

USD/JPY Discussion

USD/JPY is still undecided above 111.00. I have closed all my positions and I will wait out the end of the range, which I think won't occur before the beginning of next week, before opening new ones.

USD/JPY Discussion

After the FED news yesterday USD/JPY returned to the support at 111.00 and is one again range-bound above that level. I think it's possible to see another move to the upside to 112.20.

USD/JPY Discussion

USD/JPY retraced back to 112.10 and is testing that level. I think that if it breaks out above it next target will be around 112.60.

USD/JPY Discussion

USD/JPY rebounded from 110.60 after all and it formed a spinning top bar on the daily time frame. I don't think that the move to the downside is over in the long term, but for the moment we could see some retracement.

USD/JPY Discussion

USD/JPY broke out below 111.50. The trend remains very bearish and I think the drop will last at least until the pair reached 109.50 - 109.30.

USD/JPY Discussion

USD/JPY reached 112.40 before it renewed its move to the downside although it still hasn't broken out below 111.50. I think I will refrain from new shorts before a breakout.

USD/JPY Discussion

I bought at 111.75. USD/JPY finally rebounded more decisively from 111.54. I think next target to the upside will be around 112.65 - 112.70.

USD/JPY Discussion

USD/JPY found support at 111.66 and despite the hammer bar that formed on the H4 time frame I do not think this is the end of the move to the downside. Today and tomorrow there will be BoJ news, I think the drop will depend on them.

USD/JPY Discussion

USD/CAD is at 1.2600 and considering how bearish it is I think it could drop to the last low at 1.2460.

USD/CAD

I think the pair will continue falling. USD/JPY finally dropped to 112.00 and although the pair is still testing that support level I think that a breakout is possible and it could lead the pair to 111.50.

USD/JPY Discussion

I have a long position too. My target is at 1.2800, though I don't think this is the end of the move to the downside.

USD/CAD

USD/JPY broke out below 113.00 and I think it will soon reach 112.70. The next target below that is at 112.00 - 111.80. I still haven't closed my short position.

USD/JPY Discussion

USD/JPY reached 114.50 as I thought it would, but I think that may be the end of the current rally. Next target is around 113.00 - 112.70. The TP of my short position is at 112.80.

USD/JPY Discussion

I think so too. It rebounded from 1.2860 and considering how oversold it is it could rally to 1.2980.

USD/CAD

USD/JPY continues slowly rallying today and I think it will reach 114.40 - 114.50. After that there might be a pullback.

USD/JPY Discussion

USD/JPY just broke out above 113.70. I think that whether the rally will continue or not today depends on the NFP data, which will come out very soon.

USD/JPY Discussion