USD/JPY (a 4-hour chart)
According to strategists in general the data from Japan showed a substantial growth. Abe's approval rating is also quite well-kept. These two factors will support the risk and will contribute to an outflow of capital from Japan.
The current buy signal is confirmed and strong as Chinkou Span is above the price, and the price is above the Ichimoku cloud. The price fell back yesterday and it is again at 100. In the case of overcoming this level the upward movement will be continued to the resistance level 100.53.
The upward movement will be relevant as long as the price is above Kijun-sen, if the yen consolidates below the Kijun-sen, the "golden cross" will be weakened and the downward movement may resume to the first level of support 92.16.
Chinkou Span is above the price, which confirms the current buy signal and indicates bullish market sentiment for the pair.
Bollinger Bands show a continuation of the upward movement, the band geared up and broadening, making relevant long positions in the market now.
MACD is directed up, confirming the current uptrend.
The potential for downward movement has been formed by the pair. After the breakdown of 99.46 the pair is expected to continue the downward movement, in this case, the goal is the level 99.11, it is necessary to move through the noise band 99.11-98.85 followed by a pronounced downward movement, the goal is the level of 98.26 here.