Usd/Jpy

[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.

[ASER]

Bank of Japan kept its monetary policy as it is in its meeting today, where the central bank will continue to expand the monetary base at an annual rate of 80 trillion yen and Mr. Kuroda said that inflation remains on track according to the central bank's target of Japan also stressed that the economy is recovering moderately

On the other side of the US economy, the dollar saw yesterday the issuance of core retail and sales, which recorded a decline of 0.1% on the monthly level other than the expectations perfectly and which was monitored to rise by 0.7% on the same level as retail non-core sales decreased also by 0.3% At the monthly level and unlike expectations, which were monitored to rise by 0.2% on the same level as the import price index decreased by 0.1% compared to expectations and that were monitored rising by 0.1% on the same level

And issue a day promptly at 12:30 GMT, the main producer prices and the expectations index suggests rising by 0.1% on monthly level and will accompany that the issuance of non-essential producer prices and the expectations index suggests rising 0.2% on the same level and also at the same time will be issued Index Empire State Manufacturing and forecast to rise from 2.0- to 3.4 At 13:15 the growth rate will be issued in the industrial production sector and is forecast to grow by 0.2% on monthly level and finally promptly at 14:00 will be the appointment with Ms. Janet Yellin certificate Federal Governor

[Gamabunta]

The pair maintains its stability against the yen above the level of 123.20, which keeps the bullish trend scenario based and effective so far, supported by the positive signal provided by Stochastic, waiting for a break of 124.20 to open the way to visit the main target at 125.84 which.