-
USD/JPY's sharp fall today argues that recovery from 78.33 is finished at 78.84. Intraday bias is cautiously on the downside for 78.33 and break will target 77.90 support next. The overall outlook remains unchanged. That is, price actions from 77.66 are either a consolidation pattern that's completed with three waves to 79.65, or is a five wave triangle pattern. In either case, recovery attempt should now be limited well below 79.65 resistance. Break of 77.99 will indicate that fall from 84.17 is finally resuming for 75.56/84.17 support zone.
-
Today's trading session showed that usd was a sell off against the yen, now the pair has baseline support on 1 hour time frame and could definitely show some upward retracement, we are not at oversold so this tells us that we might not have the go ahead to give a buy signal yet, I would probably wait for 78.41 area to buy this pair rather than buy now
-
this is my analysis for USDJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 108.79 and the pair will continue to go up to the next resistance level at 109.04
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 108.74. , stop loss at the level 108.39. target take profit at the level 109.19
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
-
this is my analysis for USDJPY pair , hopefully it will be good & understandable and help you to earn good profit in trading.
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakout of the resistance level at 108.79 and the pair will continue to go up to the next resistance level at 109.04
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest BUY at the level 108.74. , stop loss at the level 108.39. target take profit at the level 109.19
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
-
It was a bullish trend up for this pair as shown in the daily chart , i see that this pair will continue falling down in the trending down channel making a good profit for selling this pair on long term , i can expect this pair to move down till reaching the resistance levels @ 79.83 , 78.79 and then @ 77.56
-
The greenback ended the session on Wednesday flat with a negative bais, versus the yen,
completing a range-bound session. The pair closed above crucial levels at 98.00; lower
end of the medium term bullish channel and the gains could extend to 99.70- 100.00 yen
in the near term. Important supports placed at 97.50- 98.00, close below which the
declines could extend to 96.00- 96.26. Buy the pair on dips.
-
Daily overview for UsdJpy
The price is finding the first support at 108.31 and the next support is at 108.12 The price is finding the first resistance at 108.76 and the next resistance is at 108.98
--- Trading recommendations for trading : Open Buy ---
I predict price will be continued flying today. The first target is the level 108.90 After fixing below the first target, then price will go to the level of 109.16 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Support – Resistance :
Resistent1 : 108.76
Resistent2 : 108.98
Resistent3 : 109.15
Support 1 : 108.31
Support 2 : 108.12
Support 3 : 108.27
-
Today,Initial support is located at 80.00 (Big figure support) followed by 79.57 (May 5 low). Initial resistance is now at 81.33 (Jun 2 high) followed by 81.77 (May 19 high)
-
Jaise ki market move Karegi bahut apne Karegi isliye Humko chahiye Ki Soch Samajh Kar kaam kare Taki Hamara nuksaan Na Ho Yahi best hai
-
Today's trading session showed that usd was a sell off against the yen, now the pair has baseline support on 1 hour time frame and could definitely show some upward retracement, we are not at oversold so this tells us that we might not have the go ahead to give a buy signal yet, I would probably wait for 78.41 area to buy this pair rather than buy now