USD/JPY best at support at 113.40/30 again today.
EUR/JPY up one day, down the next day in the sideways trend for over a week. Becoming more erratic and therefore difficult to trade.
CAD/JPY was also more random and erratic last week, although shorts at first resistance at 9240/60 worked again yesterday with a 70 pip profit offered this morning.
Daily analysis
USD/JPY first support again at 113.40/30. Longs need stops below 113.20 so the risk is very small. A break lower is a sell signal targeting 113.00/112.90 and 112.60/50 for profit taking on shorts. Longs at 113.40/30 target 113.80/90. We should pause here but further gains meet minor resistance at last week's high of 114.25/30. Strong resistance at the October high of 114.50/70. Shorts need stops above 114.80. A break higher is a medium-term buy signal.
EUR/JPY first support at 131.60/40, stop below 131.35. A break lower is a sell signal initially targeting 130.90 and we could hold here initially, maybe even bounce to 131.40/50. Further losses meet an important buying opportunity at 130.40/20 with stops below 130.00. First resistance at 132.20/30. Above 132.40 can target 132.90, perhaps as far as strong resistance at October's high of 133.30/50.
CAD/JPY shorts at first resistance at 9240/60 worth a try again targeting 9200 and 9175 (hit as I write). A buying opportunity at 9120/00 with stops below 9090. Gains are likely to be limited with first resistance at 9240/60. However a break higher retests October's high at 9295/9305.