Usd/Jpy

[forexinurdu]

g han main b ye hi kahon ga k usd kafi strong hai jpy kay mukably main isi liay oper ja rha hai
chotty time frame main ye kafi had tk baar baar buy ki entry day rha hai
pr main wait kron ga conformmation kliay
thanks

[kuttus]

It seems that the struggle of the Japanese central bank against the yen starts to generate good results.
Thus, this pair should evolve in a channel between 80.87 and 81.56, while following an uptrend.

Yes my friend that's true this pair is between the 80.87 and 81.56 and the main reason for this is Japanese central bank when the pair will show some great movement I don't know Let's see.

[khaled24]

This pair is moving on a triangle as shown in the H4 chart , after becoming so close for the 2 trends , the priority here is to beyond or break the newer trend and go along the older one , so i think this pair will continue move down , but i don't like to gamble we just have to wait a little to see which trend will be broken , then we have to decide even if we will buy or sell it will be safer to do that but in my expectation it will go up making a trending up channel

[sasa0220]

In Daily chart USD/JPY is bouncing from the middle resistance from the middle line of Bollinger band (20 period MA). H! chart signals a sell in MACD, 10,2 Bollinger band is also showing a high volatile beariesh momentum .

[hazem ahmed mohamed]

i think that USDJPY will move upward on the short term as we have a support level @81 so i suggest buying with tp1@38.2% as we have a strong resistance level @this level.

[MFTRADER]

the pair is hovering below important resistance at 82.00 ,also approaching to top of the descending channel,and 120 period moving average also,oscillator shows overbought and evreything is prepared fot going short at the market with good risk/reward rathio . my tp is placed at 80.00

Finally the pair has started moving to the downside last night and approached to the 81.00 level,i have entered from 81.55 and closed half of my position at 81.00,waiting for 80.00 to close rest of it.in technichal approach the price moving below 120 MA,oscilator shows bearish and it's very likely that price action continue it's downside move to the 80.00 level

[wegodot]

Date: 23.04.12

Timeframe : M15
RSI(14) 31.679 Sell
STOCH(9,6) 42.322 Sell
MACD(12,26) -0.083 Sell
Williams %R -71.236 Sell

Indicators : STRONG SELL

Timeframe : H4
RSI(14) 28.945 Sell
STOCH(9,6) 23.492 Sell
MACD(12,26) -0.138 Sell
Williams %R -89.226 Oversold

Indicators : STRONG SELL

[khaled24]

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 . Good Luck

[MFTRADER]

the pair is hovering below important resistance at 82.00 ,also approaching to top of the descending channel,and 120 period moving average also,oscillator shows overbought and evreything is prepared fot going short at the market with good risk/reward rathio . my tp is placed at 80.00

[khaled24]

It is the time to sell now , the pair has corrected its direction because of facing the strong resistance represented in the downtrend line , i think this pair will continue moving down in the downtrend channel shown in the H4 chart , so i think it will be good deal to sell now . Good Luck