Usd/Jpy

[sagar]

still not much we can do with this pair.......it traded sideway since monday maybe it because of lack of good news or the boj need something to do to control yen.....my view still same and this pair need to go down

[rakesh]

the pair and as we can see from the chart has closed it's daily candle above the level of 76.50 , so , that's mean the up trend is still standing and the pair is heading to 76.70 then 77.00

[sagar]

We have not seen any significant movements of the husband since the morning, but we can see a stable pair above the level of 76.45-76.25. And therefore, will remain on our positive outlook for the rest of trading today. Note that the husband must penetrate the 77.20-77.40 levels to enable this scenario, while the 75.80-76.00 levels must be no movement of the base to the top.

[rakesh]

the pair and as we can see from the chart is trading now above the level of 76.50 , so when ever the pair success in breaking 76.50 , that's mean the down trend will be assured and the pair might head to 76.30 and then 76.10

[Victoryindia]

USD/JPY remains stuck in a tight range around 76.50 ahead of the US CPI data despite the risk-off mood as jawboning from Japanese authorities continued on Thursday with finance minister Noda simply stating that the MoF was ready to take action "when needed".

[sagar]

The first short term resistance is at 76.78, followed by 76.94. The pair is expected to find support at 76.41 and the subsequent support level at 76.20.

The pair is expected to trade on the cues from the release of leading economic index and coincident index in Japan.

[rakesh]

Well, we are still in Bearish trend and I suppose to see a close below 76.40 and new historical bottoms may appears very very soon ..

[sagar]

The USDJPY is testing its record low and a break would shift focus to a Fibonacci measurement at 72.58. A bounce above 77.00 should see resistance at 77.85-78.30

[rakesh]

we can see that the pair has failed in breaking the level of 77.00 and bounced from it , so that's mean the down trend is expected and the pair might head to 76.20 and then 76.00

[Victoryindia]

The Dollar, unable to break above 76.90 resistance area yesterday, has pulled lower today amid generalized Dollar weakness, breaking through 76.60 support, to reach fresh week lows at 76.50, just 20 pips shy of all time low 76.30.