Usd/Jpy

[MARandhawa]

Current trend
USD showed growth against JPY on Thursday, offsetting the decline at the beginning of the week.
As there is a lack of key economic releases, the movement of the yen is speculative. Takako Masai, a member of the board of the Bank of Japan, who spoke on Thursday before the leaders of Japanese business, said nothing significant for the market. The official noted that it takes time to achieve a stable inflation rate of 2.0%, and the regulator can keep the mild monetary policy for a long time.
On Friday, investors are focused on May Overall Household Spending release in Japan. The value is expected to decrease by 1.5%, which can affect JPY negatively. Also investors will focus on June's data on the US labor market, which may help understand approximate timeframe of monetary policy tightening.
Support and resistance
On the D1 chart Bollinger Bands show a flat dynamics, but also tend to insignificant growth. The price range does not change, outlining the approximate boundaries of the short-term flat channel. MACD is growing preserving the previous sell signal (located below the signal line). Stochastic almost does not react to the renewed growth of the instrument and maintains a steady downtrend.
One should wait for the clarification and formation of new trade signals.
Resistance levels: 110.76, 111.11, 111.38.
Support levels: 110.47, 110.25, 110.00, 109.76.

Trading tips
To open long positions one can rely on the breakout of the level of 110.76 or 111.00, if the "bullish" signals resume. Take-profit – 111.38, 111.50 or 111.70. Stop-loss — 110.50 or 110.40.
A rebound from the level of 110.76 as from resistance followed by a breakdown of 110.60 or 110.50, may become a signal for corrective sales with the target at 110.00. Stop-loss – 111.00.
Implementation period: 2-3 days.

[arshadlaskani]

Usdjpy pair kafi down levels par movement kar choka he aur mere analysis k mutabik ye aj kafi up ho sakta he
Up level ye rahega : 111.20
Focused levels : 110.60
Normally levels. : 110.90

[yulbang111]

UsdJpy bullish trend can continue today, now current price at 110.70 and strong support at level 110.50 in hourly time frame. there is possible chance UsdJpy price will move to up side. then next high price is 111.20

I suggest to entry buy with stoploss at 110.35 and take profit at 111.20

[zulfiqar5564]

Usd/Jpy pair in strong buying and Usd/Jpy pair no chance to move back price level 109.80 to 109.50 and recommend for buy the Usd/Jpy prices below 109.90, 110.30 and 110.60 with adjustment of take profit on prices above 111.30, 111.60 and 111.90 and must set the stop loss on price below 109.80 or 109.30 and must analyze the pair first and follow the right direction of Usd/Jpy and make good profit with Usd/Jpy pair trades.

[khizar1]

USDJPY Today Prediction
Strategy: Strong in BUY , stop loss at 110.20, take profit at 111.40, 111.70, and 112.00.
Resistance levels: 111.50, 111.80, and 112.10.
Support levels: 110.10, 109.80 and 109.50.

[batool]

usdjpy ka trend strong buy ka ban chuka hay aor usdjpy ki abhi tk ki price movement 110.53 sy 110.76 tk ki howi hay aor Trader usdjpy ko 110.30 ya 110.60 tk ki price sy buy kar sakta hay aor Trader usdjpy ko take profit 111.70 , 112.00 aor 112.30 tk ka laga sakta hay aor Trader usdjpy ko stop loss 110.20 ya zyada sy zyada 109.80 tk ka laga kr trading safe kar sakta hay aor Trading sy thek profit earn kr sakata hay

[qasimm]

usd/jpy aj ki price men kafi up ja raha is time ke price 110.66 aur mere analysis k hesab se ye aj ki price men mazeed kafi up level tak jaega 111.20 is price tak aur normal price 110.90 ye rahege aj ke

[lal765]

usd/jpy maximum price 111.44 and minimum 110.28
Support Level 1 : 110.92 Weekly R3 : 110.50 Monthly
Support Level 2 : 111.10 Short term R2 : 110.38 Short term
Support Level 3 : 111.32 Monthly R1 : 110.24 Weekly
**************************** Trend : buy *********************************

[Akhterp]

I am looking to buy USD JPY why because I am thinking that usdjpy why has been entered into the Bull Trend so possibility is that USD JPY why will go up and more up because gold is going down now the US BJP why will go to up as for my analysis. and I will enter the trade of buy in USD JPY.

[MARandhawa]

JPY is weakening against its main competitors: GBP, EUR, and USD.

As there is a lack of key economic releases, the movement of the yen is speculative. Takako Masai, a member of the board of the Bank of Japan, who spoke on Thursday before the leaders of Japanese business, said nothing significant for the market. The official noted that it takes time to achieve a stable inflation rate of 2.0%, and the regulator can keep the mild monetary policy for a long time.

On Friday, investors are focused on May Overall Household Spending release in Japan. The value is expected to decrease by 1.5%, which can affect JPY negatively.