Usd/Jpy

[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.

[delpacing]

volatility is still low but the price
penetrate into the upper trendline resistance at
1 hour chart indicates the potential for rebound
technically at least test the 80.10 area,
prior to the 80.60 area. to
movement down, break and closing level
daily under 79.60 may be
threat to the bullish reversal scenario for
re-testing key support in the area
79.15.
Resistance Levels: 80.10, 80.60, 81.00
Support Level: 79.60, 79.15, 78.40
Trading Range: 79.60 - 80. 60
Trend: Bullish

[delpacing]

volatility is still low but the price
penetrate into the upper trendline resistance at
1 hour chart indicates the potential for rebound
technically at least test the 80.10 area,
prior to the 80.60 area. to
movement down, break and closing level
daily under 79.60 may be
threat to the bullish reversal scenario for
re-testing key support in the area
79.15.
Resistance Levels: 80.10, 80.60, 81.00
Support Level: 79.60, 79.15, 78.40
Trading Range: 79.60 - 80. 60
Trend: Bullish

[simpleforex68]

Let's have a look at H4 chart of the pair. The price is in downtrend because the price is below the Ichimoku Kumo Cloud and EMA 200. So, I think the price will be up to the Kumo Cloud and then it will decrease strongly.

[nurdiantofxwave]

USD/JPY retraced from dayly pivot level just now. The price has increased about 50 pip since two days ago. It estimated that the price going up again following mshort term up trend which formed since yesterday. Level 80.03 ia next area that touched if trend up continue.

Below trend analysis today with ma system:
ma 16 as short term trend indicator= consolidation
ma 96 as medium term trend indicator= up
ma 480 as long term trend indicator = down
So the trend is up weak in short term.

If the price turn down ,it may can be in 79.68 as dayly support 1 level.

[kapil_chemical_07]

If you know the forex business,you can earn form the all currency pair.USDJPY is a good currency pair.But,it has a problem.The pair does not move quickly.So, to earn profit from the pair is a longer process.

[ashaab]

The trading range for today is among key support at 78.20 and key resistance now at 81.00.

The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact.



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.

[mahmoud mohamed tawfik]

the H4 chart of the usd/jpy currency pair shows abearish tendency on the descending trend which contined after shooting star pattern three methode pattern and three line break chart confirm adescending movement and heiken -ashi candlesticks indicate abullish pullback

[nurdiantofxwave]

Since market open in asian session this pair moving in 79.61-79.72 area. Yesterday the price down until 79.42 level then in american session retrace from this level and closed in level 79.62.

For technical analysis today :
ma 16 as short term trend indicator= wave form
ma 96 as medium term trend indicator= down
ma 480 as long term trend indicator = down
So the trend is down weak.

The price will touch weekly pivot if up trend occur. But if the price down strong, may be can fall to 79.06 as weekly support 2 level.

[ashaab]

The trading range for today is among key support at 78.80 and key resistance now at 81.25.

The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact.



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.