Usd/Jpy

[ayusri]

USD JPY for today I will BUY tenikal but because I would not take much profit also will not make SL a lot of just 10 points only, if later UJ can ride through 80.54 then I will buy at 80.64 to 80.21 TP and sl because there must be spread as much as 3 points then we add to SL be kuang 3 point and to remain as aka TP touched in position 13 points, currently UJ in the area where he has since increased and moves up this morning so we could buy for this fair is also due to this fair couple were well above the 50 ma is also the others, it is feasible to do BUY

[delpacing]

Resistance Level : 80.60, 81.00, 81.75
Support Level : 79.70, 79.40, 79.15
Trading Range : 79.70 � 80.20
Trend : Neutral

[simpleforex68]

The price is in uptrend in H1 chart of the pair because the price is above the Ichimoku Kumo Cloud and EMA 200. But I think the price will retrace to the Fibonacci 32.8% level and then it will continue to increase strongly.

[khaled24]

As we see in this chart , the pair now is on the downtrend line that couldn't beyond it several times , so from here i think it is a good chance to make profit by selling this pair on the short term , we should s ell the pair with target point @ 79.60 (0.0%) , it is also a strong support level that the pair didn't break it for along time , i think that it will correct its direction by moving up when hitting this level , Good Luck

[ashaab]

The pair has been trapped within the same trading range consolidating above SMA 100 and above the initial support of 79.55 as seen on the provided daily chart. RSI 14 reflects the clear neutral case although it is very close to the oversold areas. The technical conflict between the effect of the bearish channel and the positivity of stabilizing above the aforesaid support levels remains unchanged. Thereby, we remain neutral for today and we remind you that both edges for intraday trades reside at 79.55 and 80.30.



Recommendation : Based on the charts and explanations above our opinion is, staying aside until an actionable setup presents itself to pinpoint the upcoming big move.

[nurdiantofxwave]

Mrenstein signal indicator now:
tf m15: 67.86
tf m30: 72.41
tf h1: 71.87
tf h4: 54.17
tf d1: 65.44

USD / JPY today tend sideways around the area between daily pivot (79.90) and the weekly pivot (79.81). The trend is also demonstrated by the sideways movement of 480 ma, so it can be said that the trend is still sideways.Ma 16 that has been cut ma 96 be a sign that the movement of prices can go up to the point of first daily resistance (80.13).

[ashaab]

The pair continued flirting with the psychological level of 80.00 as seen on the provided daily graph. The contrarian between the effect of the bearish effect and the positive closing above SMA 100 makes us obliged to stay aside for the rest of the day . There are two edges for intraday traders reside at 79.55 and 80.30 and a break of one of them will offer a new signal.



Recommendation : Based on the charts and explanations above our opinion is, staying aside until an actionable setup presents itself to pinpoint the upcoming big move.

[nurdiantofxwave]

1. Trend analysis today with sma system:
sma 16 as short term trend indicator = up
sma 96 as medium term trend indicator = up
sma 480 as long term trend indicator = up
So the trend is up strong.

2. Pivot,ressistance and support level this day:
p: 79.88
r1: 80.03
r2: 80.14
r3: 80.29
s1: 79.77
s2: 79.62
s3: 79.51

[ashaab]

The psychological level of 80.00 held as a stance preventing the pair from achieving further gains yesterday. Meanwhile, RSI 14 caused the awaited fluctuation but we will continue relying on the descending channel to predicate potential breakout below the key support level of 79.55 until the pair proves its ability to start a new upside wave. Only a daily closing above 80.30 will bring the bullish picture back into focus.



Recommendation : Based on the charts and explanations above our opinion is, selling the pair below 79.55 targeting 78.20 and stop loss above 80.30 might be appropriate.

[Nabi Ahmed Gill]

Main ye thread USD/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

yar main na wasa to kabi be es pair ko used nhi ka ha wasa min es forum main newbie hoon es laya main sirf or sirf EUR/USD ko uesd kar rhaa hoon or main ksi or pair ko used nahi karta hoon es laya muanja lagta ha ya pair be boht acha or best form ha or ay forum boht sar profit be danaya wala forum ha.