Usd/Jpy

[Gamabunta]

The pair moved in the direction of the rising, rising, according to the proposed move yesterday.

The pair of critical areas touching at 124.00, which meets with former resistance as seen on the provided daily chart.

Some quantities of purchases may close and we recommended, waiting for a better entry or may wait until the pair up to the initial resistance levels of 124.00 to 124.15

[Joey11]

personally i already realize my next target in this pair which is 124.00 and i think the traders should wait because the greece case is not finished yet . so for me i don't know what's gonna be in the next few days . Sometimes its better to wait in this market.

[Gamabunta]

Frame on the daily after the pair succeeded in breaching the bearish channel yesterday also managed to penetrate the resistance at almost 123.70. Where candle yesterday closed higher this resistance formed from Artcasen which gave an early indication of the desire of the pair constantly going up. So I think that the continuation of trading and closures of the daily candles highest resistance to penetrating metamorphic support around 123.70 prices Push for further climb almost to 124.40.

[ASER]

After many long hours of hesitation and evolving range, the dollar started rising against the yen on Wednesday. The target of 125 yen per dollar could be reached by the end of the week if the increase would continue until. Meanwhile it will already overcome the resistance of 124.00 has already engaged over today.

[Gamabunta]

Negative current Stochastic could push the price of some temporary fluctuation before resuming the expected bullish direction, which requires sustained stability above 123.20.

Expected trading range for today is among the 123.00 support and 125.00 resistance range

General tendency is expected for today: UP

[ng1985]

pair- usd/jpy
time frame- m15

technical analysis-



the price is continue moving in the up trend side but the stoch indicator is overbought. the price will make correction. this will falling to the supporting trend line but if move below the 123.85 then hold the short entry with take profit at 123.60
good luck.

[Gamabunta]

It gave the dollar against the yen positive trading pair yesterday, approaching ****ually from our first target at 124.20, with 50 moving average continues to provide support to the price from the bottom, which encourages us to continue tipping upward trend which extends its objectives to reach 125.84.

[Joey11]

the usdyen continue to rally and personnaly i realize my objective which is 124.00 . Now the pair traded above all the moving averages which gives us a view that this pair will continue to be bullish in the next few days.

[Gamabunta]

The pair approached a lot of our goals after rebounding from last week's Cluster emerging Alturndat and we still expect it to continue to climb on the pair until 123.90 then 124.50 levels while maintaining a stop loss closing candle on the bottom of this emerging Alturndat levels.

[ng1985]

pair- usd/jpy
time frame- m15

technical analysis-



the stoch indicator is showing overbought as moving above the level 80 and in the price chart its also above the resistance at 123.73 level. the price may down. short with stoch moving out 80 level with profit target at 123.50 and stop loss at 124.25
good luck.