U.S. Markets closed

Forex: USD/JPY Technical Analysis – Choppy Consolidation Continues

Ilya Spivak


To receive Ilya's analysis directly via email, please SIGN UP HERE


Talking Points


  • A break above 98.10 (38.2% Fib retracement) has exposed 98.58 (50% Fib)
  • Further above that aims for 99.06 (61.8% Fib)
  • Back below 98.10 aims for 97.51 (23.6% Fib)


Confirm your chart-based trade setups with the Technical Analyzer.


dailyclassics_usd-jpy_body_Picture_6.png, Forex: USD/JPY Technical Analysis – Choppy Consolidation Continues

Daily Chart - Created Using FXCM Marketscope 2.0




--- Written by Ilya Spivak, Currency Strategist for DailyFX.com


Contact and follow Ilya on Twitter: @IlyaSpivak


New to FX? Watch this Video


For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.