Usd/Jpy

[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

[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]

http://img820.imageshack.us/img820/4285/usdjpyo.png
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

[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

http://i43.tinypic.com/9lhov8.gif

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

http://i39.tinypic.com/2i0ydlz.gif

[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

[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.

[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 .

[khaled24]

http://img6.imageshack.us/img6/5021/usdjpyq.png
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

[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.

[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

[idlogin]

Bank of Japan meeting today will be a great event and the much anticipated failure or delay in the utilization of funds by 5 trillion yen will be very strong impact for the yen, a figure that is closer to 10 trillion Yen Yen or more with a shot opportunity is very high, so Team FX is expressed from Westpac.

[forexinurdu]

united state dollar going week against the jpy in h1 time frame chart and today make a selling position
current trend in sideways condition but near a selling area/zone
thanks and happy pips

[hazem ahmed mohamed]

i think that USDJPY will move upward on the short term as we have a strong moving uptrend and a strong support level@80 so i suggest buying now with tp1@81 and stop loss@79.60.

[MFTRADER]

USDJPY has approached to 50 % retracement of major uprend ,also hovering above most psychological important support at 80.00 .i think the pair is managing to start impulsive move to the upside sooner or later.us treasury yield must be considered as this pair highly correlated with us bond yield.

[khaled24]

http://img265.imageshack.us/img265/8489/usdjpyf.png
After facing the strong support level @ 79.60 ( 0.0%) the pair now is moving up and will hit the resistance level @ 80.68 (23.6%) , i think it is a weak level so the pair will break it and continue moving up till reaching the downtrend line as shown in the chart , then the pair will make a retest and move down again , so i think it is better to buy now on short term with small profit or wait for becoming close of the indicated trend line then sell the pair

[hazem ahmed mohamed]

i think that we should sell now as we have a moving down channel so i predict that USDJPY will move down ward on the long term until it reach the lower moving down trend and the daily chart shows that .

[simpleforex68]

There is a down channel in H4 chart. Moreover, the price is under the Ichimoku Kumo Cloud and EMA 200. These signals confirm for the downtrend. So, I think the price will be down ti the lower channel line and then be up.
http://s12.postimage.org/jowsdhirh/image.jpg

[nurdiantofxwave]

It is difficult for the BOJ to be able to control the risk appetite of the yen market. There is no definite statement about what to do with the BOJ and the Japanese finance ministry, but the volatility that has been formed is enough for the authorities in the improvement of the monetary program and fiscal policies are being applied by the BoJ.(bloomberg.com)

In my technical analysis yesterday correction of USDJPY rose to 79.62 area in accordance with the expectations of the market to reduce massive movement of the weakening yen. Breakdown of 50% Fibonacci level weekly may be as a medium-term projections for the yen to weaken, at least testing the 81.00 area this week and signal weakness in the break area of ​​80.40, the heart - the heart will be 61% Fibonacci level weekly area 79.20.

[sasa0220]

USD/JPY has a side way trend at the moment in H4 chart . Bollinger bands (10,2) are running parallel.And very thin. Show a low volatility market. H1 and daily chart suggest still the down trend exist. So i think this pair will continue it's bearish momentum for a while

[jony]

The USD/JPY failed to benefit from the carry trade renaissance that occurred over the last 8 weeks. This happened primarily because interest rate differentials between Japan and the US were shrinking at a pace never seen since 2001. Still in the past 4 week those circumstances have clearly changed.

[nurdiantofxwave]

This pair had been up from lowest position yesterday at 79.70.the trend is up but not strong. Be careful this pair can reverse direction because later there are trade balance news at 23:50 when market will closed.

In technical analysis ,ma16 had crossed ma96 in tf 15 that confirmation to buy position but wait until stochastic 5,3,3 in tf h1 at level over sold.

Now the pair is in around dayly pivot area.If the pair down it might be in level 79.69 as dayly support 1 then might be retrace up because the trend is up.

[simpleforex68]

In H4 chart of the pair, there is a Divergence on MACD. Moreover, the Kumo Cloud is Flat, this will create the attraction of the price. Therefore, I think the price will increase strongly.
http://s15.postimage.org/uf0459h8r/image.jpg

[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.

http://i49.tinypic.com/zvar7m.png

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]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-5.gif

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.

[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


http://www13.0zz0.com/2012/05/10/11/868408149.gif (http://www.0zz0.com)

[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.

http://i46.tinypic.com/m78jdf.png

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.

[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.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-6.gif

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.

[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.
http://s17.postimage.org/hu5u5cjrz/image.jpg

[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

[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.

[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.

http://i47.tinypic.com/15fluo9.png

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.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-7.gif

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 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.

http://i49.tinypic.com/os6czs.png

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]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-8.gif

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 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.

http://i49.tinypic.com/akbg5x.png

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.

[khaled24]

http://img32.imageshack.us/img32/1253/usdjpyc.png
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

[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.
http://s12.postimage.org/roac027i5/image.jpg

[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

[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

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-9.gif

1. Trend analysis today with hma system:
hma 32 as short term trend indicator = red colored, may down trend
hma 192 as medium term trend indicator = blue colored, up trend
hma 860 as long term trend indicator = blue colored, uup trend
So the trend is up.

2. Pivot,ressistance and support level this day:
p: 80.10
r1: 80.39
r2: 80.61
r3: 80.90
s1: 79.88
s2: 79.59
s3: 79.37

[ashaab]

The pair has been able to take the psychological level of 80.00 again and started to breach through the upper line -resistance line- of the previous caught bearish channel- as seen on the provided daily graph. RSI 14 was also fixed as well and is attempting to take the value of 50.00. Thereby, we will follow those new technical factors established yesterday to suggest further gains over intraday basis. A break above 80.50 will accelerate the upside wave.

http://i50.tinypic.com/2cdia02.png

Recommendation : Based on the charts and explanations above our opinion is, buying the pair around 80.20 targeting 81.50 and stop loss below 79.50 might be appropriate.

[delpacing]

Resistance Level : 80.75, 81.00, 81.75
Support Level : 79.85, 79.40, 79.15
Trading Range : 79.85 � 80.75
Trend : Neutral

[simpleforex68]

In H1 chart, the price is in uptrend because it is above the Ichimoku Kumo Cloud and EMA 200. So, I think the price will retrace to the Fibonacci 38.2% and then it will continue to increase with the uptrend.
http://s18.postimage.org/hm12jfcex/image.jpg

[ashaab]

The momentum resistance at 50.00 level of RSI 14 indicator has slowed down the bullish wave started after breaching the upper line of the descending channel seen on the daily graph. But, we can see how the pair has stabilized above the psychological level of 80.00 and also above SMA 100 and therefore, we hold onto our bullish scenario over intraday basis. Ultimately, a break above 80.50 will accelerate the awaited upside wave .

http://i47.tinypic.com/2r74kmb.png

Recommendation : Based on the charts and explanations above our opinion is, buying the pair around 80.20 targeting 81.50 and stop loss below 79.50 might be appropriate.

[mahmoud mohamed tawfik]

the H4 chart of the usd/jpy currency pair shows atrend change from descending to as cending which started after englfing bullish pattern shooting star pattern indicates abearish pullback three line break and heiken -ashi candlestick charts confirm an ascending movement

http://www7.0zz0.com/2012/05/17/13/289453617.gif (http://www.0zz0.com)

[simpleforex68]

I would like to analyze in long term view of the pair. We can see in H1 chart of the pair. The price is in downtrend. So, I think the price will increase slightly to the Kumo Cloud and then it will decrease strongly.
http://s18.postimage.org/skga431hl/image.jpg

[khaled24]

http://img861.imageshack.us/img861/1134/usdjpy.png
As we see in the chart , the pair has moved down after a slight breaking of the downtrend line , the pair has bounced from the support level @ 79.12 (38.2%) , so i suggest to buy now with target point @ 80.00 which will be on the downtrend line again , Good Luck

[hazem ahmed mohamed]

i think that we should buy now as we have a strong support level@0% so i predict that USDJPY will move up ward on the short term our tp1@23.6% as we have a resistance level@this level.

[ashaab]

The momentum resistance of RSI 14 at the level of 50.00 has forced the pair to re-enter the descending channel that started at 84.15 as seen on the provided graph. Furthermore, the initial support of 79.55 was taken with a long black candlestick pattern but the technical catalyst that prevents us from suggesting further drops is that the pair is presently touching 61.8% of the entire upside wave from 76.00 levels to 84.15 zones. We are not completely sure if whether the recent piece action is just a correction for the aforesaid rally or the pair will continue moving lower to retest the significant low once more. Hence, we will stay aside today ahead of the weekly closing until clearer signs appear to pinpoint the next move.

http://i45.tinypic.com/op46it.png

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.

[simpleforex68]

Let's have a look at H4 chart of the pair. The price is in downtrend. But I think that it will retrace to the Fibonacci 50% level because of the Flat Kumo Cloud. This flat cloud will attract the price.
http://s14.postimage.org/w1p4yqy81/image.jpg

[delpacing]

Be careful with the break area of ​​78.88, and the correction may be only up to 79.79 area ....
If at the end of this week or next week there are daily closing at 79.80 ata area the testing area to 80.20, closing the opposite if there is the area below it will be testing 78.88 to 78.33 are
Resisten : 79.31, 79.61
Support : 78.85, 78.69
Range : 78.80 - 79.30

[ashaab]

Just a few pips separated between the proposed entry point at 79.55 and the high recorded in the previous session where the pair started to show bearish tendency once again. So long as the psychological level of 80.00 continued covering the pair�s movements, we may witness a retest of the pivotal support of 78.20 while a breakout above 80.30 will damage the bearish picture and will bring the bullishness back into focus.

http://i48.tinypic.com/2m7heli.jpg

Recommendation : Based on the charts and explanations above our opinion is, selling the pair around 79.55 targeting 78.20 and stop loss above 80.40 might be appropriate.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-10.gif

The price cann't able to break dayly ressistance 1 level (79.45) but down back to opening level. It estimated that price will go up bacause influenced by trend that are happening. Trend that shown by tvi indicator had been in above level 50 is up. If the price go down and then break dayly pivot ,it may not go down too far but can retrace up following trend.

[MFTRADER]

USDJPY jumped ABOUT 25 pips after Fitch downgraded Japan's long-term foreign and local currency issuer default ratings to 'A+' from 'AA' and 'AA-', respectively.after first spike the pair retraced to 61.8 % of the spike and the started continue to the upside ,i have long position and hope to close it at 80.00

[delpacing]

The return of risk appetite yen market will make the currency in the rush as the alternate asset liquidity so the yen firmed to 79.11 area (61% Fibonacci daily) yesterday, a crucial area for the BoJ as a signal for the BoJ to consider re-opening the door to intervention .
Resisten : 79.45, 79.61
Support : 79.10, 78.92
Range : 79.15 - 79.79

[simpleforex68]

I would like to analyze in long term view of the pair. Let's have a look at H4 chart of the pair. The price is below the Ichimoku Kumo Cloud. So, it is in downtrend. I think the price will decrease strongly.
http://s15.postimage.org/5s5jd0qcr/image.jpg

[ashaab]

The pair is presently retesting the upper line of the descending channel where it meets SMA 100 as seen on the provided chart. We will continue relying on the bearish channel and SMA 50 to suggest downside movements for the rest of the day . A breakout above 80.00 areas will threaten the scenario as it will be an indication that 61.8% Fibonacci level has stopped the correction started at 84.15.

http://i48.tinypic.com/ofcxi1.png

Recommendation : Based on the charts and explanations above our opinion is, selling the pair around 79.55 targeting 78.20 and stop loss above 80.40 might be appropriate.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-11.gif

Yesterday hma 32 has been croossed up hma 192, then hma 192 crossed up hma 860 this indicates that the price will continue to strengthen. Now price has just retraced down after touched weekly ressistance 1 level (80.04). Prices likely will rise again after confirmation of the stochastic signal indicator on the tf M30 move upward away from the oversold area.

[delpacing]

The return of risk appetite yen market will make the currency in the rush as the alternate asset liquidity so the yen firmed to 79.11 area (61% Fibonacci daily) yesterday, a crucial area for the BoJ as a signal for the BoJ to consider re-opening the door to intervention .
Be careful with the break area of ​​78.88, and the correction may be only up to 79.79 area ....
If at the end of this week or next week there are daily closing at 79.80 ata area the testing area to 80.20, closing the opposite if there is an area below 78.88 it will be testing the 78.33 area ...
Resisten : 80.29, 80.64
Support : 79.42, 78.92
Range : 79.25 - 80.40

[ashaab]

Negatively influenced by the three technical catalysts discussed in details this morning -check the morning report- the pair is gradually clearing the key levels of support between 79.55 and 79.25 as seen on the provided daily chart. Our morning scenario remains valid and eyes are now on 78.20 zones. On the upside, 80.30 should hold to protect bears.

http://i49.tinypic.com/2i7ts36.png

Recommendation : Based on the charts and explanations above our opinion is, selling the pair around 79.55 targeting 78.20 and stop loss above 80.40 might be appropriate.

[Melsayed]

if the price succeed to close over R1 it will lead to R2 and if it closes down of S1 it will lead to S2

1188

[nurdiantofxwave]

Safe-haven flows propped up the lower-yielding Japanese yen in yesterday's trading, allowing USD/JPY to close nearly 50 pips down from its 79.97 open price and EUR/JPY to dip below the 100.00 handle. What's in store for these yen pairs today?

Now price is trying break up dayly pivot point (79.58), if it can break it, it may touch weekly ressistance 1 level (80.04).

[ashaab]

The pair has been trading narrowly; whilst the bearish effect of yesterday`s candlestick formation and the coverage from SMA 100 are still representing rational technical reasons to witness downside moves . A break below 79.25-79.00 zones will confirm our constructive classical outlook but on the other side, 80.30 should hold to protect bears.

http://i49.tinypic.com/2qsasdd.png

Recommendation : Based on the charts and explanations above our opinion is, selling the pair around 79.55 targeting 78.20 and stop loss above 80.40 might be appropriate.

[bhai1]

Pair has dropped and US dollar broadly higher against Jpy on New Home Sales Exceed then forecast, now I looking 79.43 as a minor support and pair can drop more in end of US session...

[delpacing]

Monthly Report of the Bank of Japan (BOJ), the statistics of the BOJ Policy Board members to evaluate their latest rate decision and give perspective to the current financial condition and future.
Tokyo Core Consumer Price Index (CPI), an indicator in assessing changes in prices of goods and services at the consumer level, (with no fresh food) remained as -0.5% last month.
Resisten : 79.92, 80.42
Support : 79.06, 78.70
Range : 79.00 - 79.79

[simpleforex68]

Let's have a look at the H1 chart of the pair. Although the price is under the Ichimoku Kumo Cloud, there is an uptrend line. The Ichimoku Kumo Cloud is flat. It attracts the price. The MACD is above the zero line. So, I think the price will be up.
http://s14.postimage.org/ylew3r1c1/image.jpg

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/uje-13.gif

yesterday, the save haven pair, usdjpy, had crossed up weekly pivot (79.51) .this move up until now. the next ressistance level (79.70) is being tried price to break. if price can brek up it, price is expected could gain more until psychology level 79.81.

[Sondag]

Yeah, this pair is slighlty bullish. But as usual, it goes within the slow moving range. I expect this pair can reach the level price of 79.80 today, not so high as usual. If it could reach the level price of 79.90, I think it'll be rebound for minimum 5 pips before it continues the trend :D

[delpacing]

Be careful with the break area of ​​78.88, and the correction may be only up to 79.79 area ....
If at the end of this week or next week there are daily closing at 79.80 ata area the testing area to 80.20, closing the opposite if there is the area below it will be testing 78.88 to 78.33 area
Resisten : 79.79, 80.42
Support : 79.38, 79.19
Range : 79.40 - 80.20

[ashaab]

The pair continued hovering around the important level of 79.55 while RSI 14 remains neutral. SMA 100 continued covering the pair�s movements while the price actions couldn�t confirm the breakout above the resistance of the descending channel. Therefore, we keep our neutral stance intact for the rest of the day .

http://i46.tinypic.com/24ypreo.png

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.

[Melsayed]

My weekly analysis :

in the shown chart we have Avery strong daily support range 79.67-79.55 now the last week price closes inside the range so i will wait until the price completely go out of the range even up or down and then i will give the command in the similar direction

1206

my expected direction is : down

[Sondag]

This pair is try to retest the support level at 79.25. If is it broken, I expect this pair can go lower to 79.15. But if is it fail, I dont expect too much for rebound. As usual, this pair went slowly. Maybe this pair will try to reach agan the level price of 79.65

[khaled24]

http://img69.imageshack.us/img69/8489/usdjpyf.png
After facing the downtrend line shown in the chart , the pair moved down and i expect it to continue moving down until it reach the support level @ 79.11 (38.2%) or close to it , then the pair will start moving up a gain until it hit the trend line again and make retest , i support now to sell the pair with target above the indicated support level with a few pips , Good Luck

[saso]

http://www6.0zz0.com/2012/05/28/13/666182492.gif (http://www.0zz0.com)




Our preference: Short positions below 79.7 with targets @ 79.3 & 79.2 in extension.

Alternative scenario: Above 79.7 look for further upside with 79.8 & 80 as targets.

Comment: the pair is under pressure and is challenging its support.

[ashaab]

The pair has showed a downside tendency attempting to enter the bearish channel that dominated the movements from 84.15 zones. RSI 14 also remains stable below the value of 50.00 and thus, we hold onto our bearish predictions for the rest of the day . A break below 79.25 will confirm and accelerate.

http://i45.tinypic.com/246ng8x.png

Recommendation : Based on the charts and explanations above our opinion is, selling the pair below 79.55 targeting 78.20 and stop loss above 80.35 might be appropriate.

[rathod]

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.

[Sondag]

It is fail to broke the resistance level at 79.75. Now, the price is moving between 79.75 and 79.35. My daily strategy is, buy at low, sell on high. If this pair cross its support or resistance for more than 15 pips, we can say it is already found the trend.

[vampire]

The USDJPY - this look likely same with yesterday formation - till now - I see the price still on sideways near that MA 200 Red and above that Low fibo (78.98). No nice candle formed here - look the candlestick likely small body and look very close / near to that MA 200 red. With this price setup = yes, just ignore this consolidation price. I see = it's better choice for now - for this USDJPY pair till now

[BDforex]

The RSI is mixed to bearish. Trader can prefer short position at 79.6 with targets on 79.3 and 79.2. If it go through above 79.65 then it may be upward movement with 79.8 and 80 as price targets.

[forextin]

prediction bearish but until know ididnt earn any pips,i lost -22 pips from yesterday.at 10 am in forex factory usa cb consumer i hope it can fix my position from know.at least get 1 pips

[Maham 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 es pair ko pehala kabi be used nahi ka ha es lya to muja es pair ka bara main itina knolwedge nahi ha or main es frourm main abi newbie hoon es lyaa to muja na to trading ka boht sara experience ha or na he knowledge ha.

[forextin]

usd jpy up 7 pips from the opening.we will see until usa comsumer confidence anaunce.i hope usd/jpy bearish.

[ashaab]

The pair has been trading within a very narrow range since morning.The technical attempts to enter the bearish channel are still seen. RSI 14 also remains stable below the value of 50.00 and thus, we hold onto our bearish predictions for the rest of the day . A break below 79.25 will confirm and accelerate the move.

http://i49.tinypic.com/116uuj5.png

Recommendation : Based on the charts and explanations above our opinion is, selling the pair below 79.55 targeting 78.20 and stop loss above 80.35 might be appropriate.

[Sondag]

The pair of Usd/Jpy is trapped between its support level at 79.40 and its resistance at 79.60. Not expecting too much movements for today. My strategy is buy at support and sell at resistance. The scenario will be fail if this pair cross wether its support or resistance for more than 30 pips.

[vampire]

The USDJPY till now still look sideways with small move candle, I see. The today price is likely yesterday move - we still see that price move slow near that MA 200 red. Because of this = Yes, I see this pair still not nice to take New OP here, just wait and see. Then, if we see to the big trend and also look and pay attention to the stoch, we can see the bearish still probably here = after truly then price can break more down to that Low fibo (78.98), of course.
http://i.imgur.com/eYXgM.gif

[BDforex]

Technically mixed bearish. Prefer to short position at 79.60 with price targets on 79.30 and 79.20. If it is goes to above 79.65 then we expect upward movement with target 79.8 and 80.

[mahmoud mohamed tawfik]

the H4 chart of the usd/ jpy currency pair shows abearish tendancy on the descending trend which is indicated by evening star shooting star and hanging man patterns three line break and heiken ashi candles tick charts confirm that the trend continues

http://www6.0zz0.com/2012/05/30/10/292600249.gif (http://www.0zz0.com)

[ashaab]

Finally, the pair has moved to the downside affected by the previous discussed technical catalysts. Furthermore, it is attempting to enter the descanting channel which dominated the movements after placing the significant high at 84.15. RSI 14 is stable below the value of 50.00 solidifying the bearish scenario.

http://i49.tinypic.com/34658nc.png

Recommendation : Based on the charts and explanations above our opinion is, selling the pair below 79.55 targeting 78.20 and stop loss above 80.35 might be appropriate.

[egyptionforex]

http://www8.0zz0.com/2012/05/30/22/229744224.jpg (http://www.0zz0.com)
the H1 chart of the usd/ jpy
the pair close under up trend
i see the pair will up the the level 79.45
Good luck

[oya]

http://www3.0zz0.com/2012/05/30/22/305287101.gif (http://www.0zz0.com)

the pair is go up from ema 200

buy and our target+40

[Sondag]

On the daily chart, this pair is still under pressure, and it did to broke yesterday's support level. I expect this pair may go to 78.50 for today's bearish target. The scenario will be fail if this pair move higher than 79.15

[BDforex]

This pair short position is preferable at 79 with target price is 78.55 and 78.45. If it goes to above 79.1 then we expect further upside movement at 79.3 and 79.4.

[newentry]

downtrend, and it is good for scalping right now, because the trend has build a range for 30 pips and less..
sell at 78.85 and close at 78.75/70
but we have to be careful because this pair sometimes moves so fast

[ashaab]

It seems that the pair is presently taking breath after yesterday’s losses that assisted bears to approach their technical target at 78.20 zones. RSI 14 is very close to the value of 30.00; thus, we will remain neutral for the rest of the day. A breakout below 78.20 will be a negative indication for short term traders.

http://i49.tinypic.com/1zogchu.png

Recommendation : Based on the charts and explanations above our opinion is, staying aside as risk versus reward ratio is too high.

[simpleforex68]

Let's have a look at the H1 chart of the USD/JPY. We can see that the price is in downtrend because it is below the Ichimoku Kumo Cloud and EMA 200. In my opinion, the price will be up to the Ichimoku Kumo Cloud and then it will decrease strongly.
http://s16.postimage.org/yau1yupbp/image.jpg

[puri]

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.

[Melsayed]

My weekly analysis:
The pair in the previous week has changed the direction when it touch the down line of the shown channel in the chart that my confirm that daily channel the it will visit the up line of the channel then it will fail down again

1250

[khaled24]

http://img194.imageshack.us/img194/5364/usdjpyr.png
This pair has moved down bearishly last weak and now is approaching of the support level @ 77.93 (23.6%) , so i suggest to wait for more small drop or buy now with about 60 pips as stop loss to hold position until it pushed up by the indicated support level , buy the pair with target @ the downtrend line shown in the included H4 chart which will be about 100 pips profit , Good Luck

[simpleforex68]

I would like to analyze in long term view of the pair. In H4 chart, the price is in downtrend because it is below the Ichimoku Kumo Cloud and EMA 200. So, I think the price will increase slightly to the Kumo Cloud and then it will decrease strongly.
http://s8.postimage.org/4wxq0pbo5/image.jpg

[MFTRADER]

usdjpy has spiked higher on AZUMI comment and this move can start covering bearish trend at least for a while,the first resistance is 0.7994-0.8000 near the 50 % retracement of last small bearish wave.however the oscillator showing overbought and there is high probability to move back from 0.800 area .

[BDforex]

The RSI is mixed bullish. Long position is prefaerable at 78.5 and target 79.1 and 79.25. If it goes to below 78.45 then it goes to downward movement target 78.1 and 77.9

[BDforex]

The RSI is mixed bullish. Long position is preferable at 78.95 with price targets of 79.65 and 79.85. If it goes to below 78.90 then we can expect downward movement with 78.75 and 78.45 as price targets.

[roncos]

Chart USD / JPY - Candle 4 Hours
Looks USD / JPY continues to move rebound this week
and is currently managed through the closest resistance in the range of 79.20.
That way, quite likely for USD / JPY to test the next resistance continued gains in the range 80.15

[roncos]

Chart USD / JPY - Candle 4 Hours

Having climbed up to resistance at 79.85, it appears today USD / JPY started to turn down.

Actually it can be seen that the USD / JPY has been falling out of the channel, but if USD / JPY back down to break through support at the 78.85 range, then this may indicate that the USD / JPY failed to get out of its bearish trend.

If the support at 78.85 can be skipped, then the USD / JPY is likely to re-test support in the 77.60 range.

[redstar]

this pair bullish as correction at last week, and now this pair at the strong weekly resistance.
its posible to be bearish trend nextweek if price can not break this resistance so trend will be follow the major trend for next week :

1294

[Melsayed]

My weekly analysis :

in the previous week we have in H4 Chart an exact broken down trend and a perfect retest for the trend so there is no doubt that the new week will start with some pips towards up and it will reach 80.58 level easily in the coming week

1317

and if we look for the daily chart we will see that the price cross the down channel towards up that means it will go some levels towards up
but may be it will go in up trend and may be it will continue down but in another channel

1318

[BDforex]

The RSI is mixed bullish. Long position is preferable at 79.15 with price targets of 79.85 and 80.10. If it goes to below 79.1 then we can expect downward movement at price targets 78.9 and 78.75.

[sobissa]

USD / JPY moves poorly in the first days of this day the husband was able to penetrate the falling trend reversal candle and the fact that The Last Days of the previous week on 23 fibonacci retracement of the closure of us Alantdhar Fibonacci under 23 to make sure that the return of the pair to fall again

http://hh7.an3m1.com/Sep/an3m1.com_145b0b9a791.png (http://hh7.an3m1.com/)

[simpleforex68]

We can see that the price is in uptrend in H1 chart. Because the price is above the Ichimoku Kumo Cloud and EMA 200. So, I think the price will continue to be up soon.
http://s18.postimage.org/pam8mwsx5/image.jpg

[BDforex]

The RSI is mixed bullish. Long position is preferable at 79.15 with price targets on 79.7 and 79.85. If it goes to below 79.1 then we can expect downward movement with 78.9 and 78.75 as price targets.

[simpleforex68]

I would like to analyze in long term view of the pair. Let's have a look at H4 chart of the pair. The price is in uptrend. So, I think the price will decrease slightly to the Kumo Cloud and then it will increase strongly.
http://s13.postimage.org/p756y49uf/image.jpg

[Pioner3]

USD / JPY pair continues to trade in fletovom channel on 4 hour chart, I'm sitting on the fence and waiting for release - the breakdown of one of the lines of the channel, and yet I think it would be the resumption of the southern movement, especially as the dollar index falls a little bit this hour .

[sobissa]

USD / JPY gives rise to signs of frame four hours after his return for the rise from 23 at the areas which could not Fibonacci closure underneath stochastic refers to more of the Ascension on the frame of the four hours but on the Daily frame close to the saturation regions of SPV

http://hh7.an3m1.com/Sep/an3m1.com_b5c5e726a41.png (http://hh7.an3m1.com/)

[BDforex]

The RSI is mixed bullish. Long position is preferable at 79.15 with price targets on 79.7 and 79.85. If the price goes to below 79.1 then we can expect downward movement with 78.9 an 78.75 as price targets.

[Pioner3]

USD / JPY pair is still in fletovom channel, today there was a rebound from the top of the channel - the level of 7970 and still continues to fall a couple of hours, creating a new wave of yuzhnoyu, the end of which I expect to support around 79.17.

[Gutsalo]

With a couple of weeks otkritiya trade to be in a narrow range of prices, but still a little podzhymaetsa soprotivleiya to the level of 79.80, so it is not today, tomorrow ozhydayu breakdown in the north side of ... approximate target 80.50-60 ...

[Irika]

JPY pair again went to the tight level of resistance of 79.74, which is already struggled several times to the south, the daily Ichimoku chart shows the signal three signal lines continue to grow, I'm still waiting for a breakthrough 79.74 to cart.

[sobissa]

USD / JPY is trading has become so casually on the frame of the four hours between the level of 23 which is a Fibonacci support level of 79.76, which plays the role of resistance and any close above this level is encouraged to purchase and any closure of under-23 Fibonacci is encouraged to sell

http://hh7.an3m1.com/Sep/an3m1.com_7cd91c43bd1.png (http://hh7.an3m1.com/)

[Olig]

while still a high probability of resistance testing range 80.00-80.20, where the 50 - and 100-day SMA, as well as the 38.2% correction from the reduction of 84.16-77.64. The breakthrough and consolidation above this range will pave the way towards the restoration of a mark 84.00.

[Vamos]

Drawing attention to the 4-hour chart, you may notice that the second week in a row trades do not go beyond the price range of 79.20 - 79.70.Gistogramma MACD is still in positive territory, at the moment trying to cross its signal line from the bottom up and thus form a buy signal. Stochastic Oscillator has entered into the overbought zone and already gives such a signal as the% K line rises above the% D, but as long as 79.70 resistance level is not broken, I would not recommend to enter the market ..!

[BDforex]

The RSI is mixed bearish. Short position is preferable with price targets of 79.25 and 79.1. If the price goes above 79.75 then we can expect upward movement of 79.85 and 80 as price targets.

[Irika]

JPY pair has met very strong resistance level of 79.71 which is not able to overcome several days in a row, I think on this level will be the resumption of the southern movement brought Ichimoku sell signal, crossing the green line of the price chart.

[Gutsalo]

It seems the pair will go down to the very strong level of 79.70 which is still beyond the power of the bulls, now struck the Mini level of 79.50, and the couple had already entrenched below this mark, so I think that the pair should fall .. approximate target 79.10 ..

[hazem ahmed mohamed]

i think that we should sell USDJPY now as i predict that USDJPY will move down as we have a movnig down trend on the daily chart our tp1 will be @77.9 as we have a support level @ this level.

[Olig]

USD / JPY exchange rate continues to trade in fletovom channel, today there was a rebound from the top of this hour and the rate of close to 79.18 support level, I think that will be the breakdown of this level, then the goal of 78.00.

[Pioner3]

JPY again, walked up to the level of support 79.17, the pair formed by three H1 peak hour like this breakdown occurs 79.17 support level that will pave the way for further depreciation in the flesh to a local minimum of 78.00 + -.

[sobissa]

USD / JPY for more than five days and the pair is trying to penetrate the areas of resistance but to no avail but it shutdown under 23 to engage in a Fibonacci sale

http://hh7.an3m1.com/Sep/an3m1.com_e79daa76fa1.png (http://hh7.an3m1.com/)

[Macintosh]

The pair is still trading above $ 79.00. In this daily chart RSI is in neutral zone.Proryv and securing higher levels of 80-80.20 would pave the way towards the restoration of a mark 84.00. Otherwise, the reverse is expected to fall below the 200-day SMA for support 77.65, which again will aim to overcome a couple of the reduction in the direction of key support 75.55-76.00 ..... so waiting for activity in a pair

[Gutsalo]

The last trading sesiyu couple finally broke through the very important support level of 79.10 and consolidated below this level, I think now would be easier to garazdo fall, I think that now potentsyalnye target 78.00-77.70 ....

[Pioner3]

JPY today has made a serious bid to reduce it still managed to break the support level of 79.17 and after the break very much collapsed, this time to wait for the correction and the resumption of the fall selling.

[Irika]

JPY pair fell today, very much, this hour rate is trading below the Ichimoku cloud, and there is a signal three signal lines to continue falling, I just sold, after the rollback rate, after a brief decline resumed, the goal of 78.00.

[BDforex]

The pair has broken below its support. Short position is preferable below 79.2 with 78.75 and 78.55 as price targets. If it goes to above 79.2 then we can expect upward movement 79.5 and 79.75 as price targets.

[sobissa]

As I said yesterday that the USD / JPY finds difficult to match levels of resistance at 79.76 is the husband drops her day strongly and break areas 23 Fibonacci

http://hh7.an3m1.com/Sep/an3m1.com_bb75f95c631.png (http://hh7.an3m1.com/)

[Olig]

The pair now managed to get out of the channel in which the last few trading days, penetrated the lower limit, but the course of this hour approached the sloping line and the previous test it as a support, is possible and resume growth in the north.

[Vamos]

Histogram MACD crossed the signal line and is now in negative territory, and thus sends a signal to sell USD / JPY.Ostsillyator Stochastic is oversold and generates a sell signal as the% K line% line below D.Schitayu is now time to sell a couple of broken level of support and open the way down to around 77.70 ... ...

[Macintosh]

The MACD histogram crossed its signal line, continues to decline slowly, and thus sends a signal to sell The RSI also sizhaetsa and be near its signal mark of 30, so that the indicator points to the sales of the more struck the level of support 79, so I think we fall .

[sobissa]

USD / JPY bearish candle closes the week with the last day of this week and is now almost touching the falling trend for this that he can bounce back from it and for the rise of new

http://hh7.an3m1.com/Sep/an3m1.com_82bc0da1751.png (http://hh7.an3m1.com/)

[chaya12345]

I think it will fall more and break all time low which is around 78.88 soon, UJ is falling from quite a long time no chance for USD to recover.

it is 78.71 as of now it is very low i think it will go little more down till 78.20 then it will recover as what i think :)
but anything can happen in the game of forex !

[hemaelsisy]

we will sell Usd/jpy if price break 78.46 as the price will go to downward canal if he does not break this point we can not sell

[s.chandna]

present cost still shift between 80.00~80.35, I think UJ will still proceed increasing if cost still can sustain shift above 80.08 . And the next stage of stage of resistance will see at 80.42~80.47 if cost later is going up and able to big 80.35. Otherwise cost will proceed returning with downtrend if not able to crack 80.35.

[BDforex]

The RSI is bullish trend. Long position is preferable at 79 with price targets 79.5 and 79.65. If the price goes to below 78.9 then we can expect downward movement with 78.55 and 78.45 as price targets.

[Pioner3]

JPY pair opened with a small gepom, and immediately after the discovery went to the growth rate of this moment, managed to gain a foothold above the level of punched just before 79.17, and even the course of time to test your level of strength, I think now the trend continues to grow, the goal of 79.70.

[Alfredo]

USD/JPY

Next level of rsistence for USD/JPY is 79500 if the pair move up, if it breaks, 79676 is meet. As support we have 78609 and below 78290 Last time price was at that level reacted nice, i expect this level to hold. We can see it is near a 0.78 fibonacci number, price is trading at the moment below yesterday low.
Today Daily Pivot point for this pair is 79176

[sobissa]

USD / JPY is trading now under the 23 regions of Fibonacci Candle is the fact that the reflectivity of the frame four hours for this I expect that tends to close the price gap small open market by

http://hh7.an3m1.com/Sep/an3m1.com_d0acdc3b341.png (http://hh7.an3m1.com/)

[Irika]

JPY from it, I'm waiting until the further reduction of the pair is trading below the Ichimoku cloud, the trend is still the south, as the course has made a false buy signal, and could not be enhanced above the 79.17 resistance, I think goals are about 77.85 support.

[simpleforex68]

Let's have a look at the H1 chart of the pair. The price is below the Ichimoku Kumo Cloud and EMA 200. Moreover, it is at the Ichimoku Kumo Cloud. So, I think the price will be down soon.
http://s18.postimage.org/itdzxykux/image.jpg

[Gutsalo]

In my opinion a very good pair for a short call, the trend on the daily chart is down, and the breakdown of Friday is very important level opened the way to the bottom, especially now tested the level of 79.30, so I think that we will continue to fall ...

[Olig]

couple is not able to overcome the 200 moving average (yellow) and has strayed from her last week, today the rate was adjusted slightly to the north and has tested the strength of the resistance of 79.18 while the pair is technically more looks to the south, I think should go down to 78.00.

[BDforex]

Short position is preferable at 79.07 with price targets on 78.8 and 78.6. If the price goes to above 79.15 then we can expect further upward movement with 79.3 and 79.5 as price targets.

[Vamos]

The MACD histogram is still located in the negative zone and continues to decline slowly, and thus sends a signal to prodazhu.Ostsillyator stochastic is in the neutral zone and generates the same signal as the% K line below the line D.Vidno% as the price is a moving average with period 20, so that the pressure on the couple goes on .. the goal is still 77.70 ...

[mturk2007]

Still dollar against the yen stable within the descending channel shown in the graph above daily, while the positive stochastic difficult task of price decline.
*
In general, the stability without falling channel resistance to the negative pressure, which puts it SMA 50 factors that make us keep our expectations downward trend in place, our start at 78.00 and 77.00, while required to achieve stability below 79.30 and 79.70
*
Expected trading range for today is between: Support and resistance 77.50 79.70
*
General tendency is expected for the day: the downside

[sobissa]

USD / JPY as I indicated yesterday that the pair will go to close the gaps; price which was opened by the under-23 as long as Fibonacci and this is what happened, but the pair to close the gap after it gives us to expect more from the landing areas that exist now, then the pair

http://hh7.an3m1.com/Sep/an3m1.com_10635028371.png (http://hh7.an3m1.com/)

[Pioner3]

JPY pair continues under pressure bears on the 4 hour chart noticeable that the rate can not overcome a sloping line of resistance, the price of it goes farther to the south, I now expect to approach the goals around 78.50,78.00.

[Macintosh]

to see the Japanese currency has formed a triangle with a tapering level of support 78.80, according to the market bears are increasingly under pressure and will soon be the breakdown in the south, as kickbacks for the last few candles I think there is almost no traffic will continue to the south ...

[Irika]

The pair traded this hour in a converging triangle, the rate is below the Ichimoku cloud on hourly chart clearly visible support for 78.86 and from it I think would be the resumption of the northern movement, I think to get to 75.25 ..

[Alfredo]

USD/JPY

USD/JPY At this moment the pair has been moving sidwaysnext level of rsistence 191200 if it breaks will meet 79252 For support we have 78737 and 78637 Last time price was at that level had a good reaction i expect this level to hold. Is near 0.78 fibonacci number, price is trading at the moment belowyesterday low.
Today Daily Pivot point for this pair is 79053

[Olig]

USD / JPY pair traded virtually without any changes on the hourly time frame, formed the figure of the "triangle", and there was a very interesting situation, you need to watch what side of the figure strikes a course there and need to open a position.

[gemmy]

from H4 chart shown , i think the pair will continue upward till reach the resistance level 50% so breaking this level we will have more upward direction in the next hours till reach the down trend and make retest so i think the best level to sell at 61.8% strong resistance level ,


1606

[khaled24]

http://img43.imageshack.us/img43/6749/usdjpyj.png
As we see on the included Daily chart , the pair is moving on a bullish trend line after breaking its bearish channel and it faces this trend now , so in my expectation the pair will move up on the long term correcting its low position , i advise to buy this pair now with target profits @ 79.85 (50.0%) then @ 80.85 (61.8%) , Good Luck

[simpleforex68]

I would like to analyze in long term view of the pair. We can see in Daily chart of the pair, the price is in downtrend. The Stochastic also crossed the 80 line. So, I think the price will continue to be down.
http://s14.postimage.org/nuqj7gapt/image.jpg

[BDforex]

Short position is preferable at 79.07 with price targets of 78.75 and 78.6. If the price goes to above 79.15 then we can expect further upward movement with 79.3 and 79.5 as price targets.

[Pioner3]

Just opening a short position, the couple tried to get out of the triangle and tried to break through the upper limit, but it failed (3 hour candle closed with a large upper wick), the purpose I have about 78.00.

[shiva]

Pivot: 79.15.
Our Preference: SHORT positions below 79.15 with targets @ 78.75 & 78.6.
Alternative scenario: The upside penetration of 79.15 will call for 79.3 & 79.5.
Comment: the pair is capped by a declining trend line.
http://cache.mail.yandex.net/mail/182d1624a37d7c831aa5a1ee77a541da/www.tradingcentral.com/chart/USDJPY201262071224.GIF

[hazem ahmed mohamed]

i think that we should sell USDJPY as we have a moving down trend on the daily chart and a resistance level @79.16 so i predict that USDJPY will move downward our tp1 will be @77.95.

[alvabra2010]

USD/JPY is floating tightly above 78.60 and its bias remains neutral. If the pair trends downward i.e below 78.60 then we could see it hitting 77.66 and if it continues even further then it could slide move towards 76.00 region. Currently, it is very unclear about where the pair is aiming to.

[Irika]

JPY pair strayed from the bottom of the Ichimoku cloud, and it seems even managed to break through the sloping resistance level and the pair seems out of the triangle, this hour, I think it will continue north to the growth of 79.71.

[sobissa]

Dollar / yen back down as we expected in the last reply but but did not close the price gap opened by the husband with the first day of trading but the pair could not get out of the cloud Como SPAN is returning to the rise and this gives us the possibility for the rise are waiting for closing above the 23 Fibonacci to enter purchase

http://hh7.an3m1.com/Sep/an3m1.com_c84782ce731.png (http://hh7.an3m1.com/)

[roncos]

Minutes of the Bank of Japan showed that some members of the committee in favor of the readiness of the Central Bank to the appropriate action and do not exclude any measures of monetary policy.
The downtrend remains to the level of 78.86

[Gutsalo]

Today, the Japanese currency came into motion, struck the triangle to the north, so judging by the activity rates are heading north to the resistance of 79.80, the breakdown of the level next goal ..... 80.50

[Olig]

JPY shot very much to the north, the course finally showed at least some of the movement for a whole day, now a couple of goes to the strong resistance of 79.71, he can rebound from the south, and if the price will be fixed above it, then only in the purchase.

[skboyra]

usd and jpy is the code name of the two major currency. usd means the american dollar and jpy means the japanese yen. here usd is the base currency and the jpy is the counter currency. the currency exchange rate may be 1:94.one usd equal 94 japanee yen

[mturk2007]

The pair rushed up the dollar against the yen yesterday to go beyond the falling channel resistance that appear in the graph above, but found strong resistance of SMA 50, which protects this level downward trend scenario proposed in our last.
*
In general, we reserve the downward trend of our expectations is likely in the long and short term intraday unless we get a closure day moving average above-mentioned and who is currently at 79.70
*
Expected trading range for today is between: Support and resistance 77.50 80.00
*
General tendency is expected for the day: the downside

[BDforex]

Long position is preferable at 79.4 with price targets on 79.7 and 79.8. If the price goes to below at 79.3 then we can expect further downward movements with 79.1 and 79 as price targets.

[mahmoud mohamed tawfik]

long positions at 79.7830 with 80.3670 target

the breakout of 79.2180 will call for a rebound towards 78.5780

http://www5.0zz0.com/2012/06/21/08/466403600.gif (http://www.0zz0.com)

[Vamos]

The MACD histogram crossed its signal line and is now located in the positive zone and continues to rise slowly, and thus sends a signal to buy. Stochastic oscillator is overbought and generates the same signal as the% K line rises above the% D. Well worked as a support for the moving average with a period of 200, so it is now sandwiched a pair of two levels of breakdown 79.80-79-40 ... wait ..

[Pioner3]

JPY pair continues to grow, the rate today, even managed to break the strong resistance level of 79.70 and is already entrenched above it, this breakthrough opened the way to the next level of 80.55, now need to wait for a good entry point for shopping.

[mturk2007]

Resumed the dollar against the yen trading above the moving average of positive 50 and it is trying to stability, where price is positively influenced by stochastic on a daily timeframe.
*
Overall, the proposed scenario the morning, remain valid unless we get closure on above 79.70
*
Expected trading range for today is between: Support and resistance 77.50 80.00
*
General tendency is expected for the day: the downside

[roncos]

Quotes are moving above the close 20 and 50 EMA on the 1-hour chart, indicating bullish pressure. The value of the RSI indicator is positive and inclining upwards, MACD is positive and tranquil, while CCI has crossed up the 100 line on the 1-hour chart, giving over all neutral to light long signals.

Technical resistance levels: 79.91 80.80 81.74
Technical support levels: 78.78 77.83 77.00

[Irika]

The pair continued to grow strongly after the break 79.71, the course is now trading above the Ichimoku cloud is also on the hourly chart, I noticed that's a rising channel, I think the price now goes to the upper boundary of the channel.

[sobissa]

USD / JPY, as I said yesterday that the pair did not come out as long as the cloud of Como Span, it encourages the ups and this is exactly what happened until it exceeds the 23 Fibonacci level is now at a level of 38 Fibonacci clear to us that it is likely to see some of the decline at 38 Fibonacci

http://hh7.an3m1.com/Sep/an3m1.com_4a5d433b061.png (http://hh7.an3m1.com/)

[simpleforex68]

Let's have a look at Daily Chart of the pair. The price is in downtrend because it is below the Ichimoku Kumo Cloud. Moreover, it is at the Ichimoku Kumo Cloud and Stochastic is at overbought area. So, I think the price will be down now.
http://s9.postimage.org/a92ta79db/image.jpg

[alvabra2010]

USD/CHF is yet floating above 0.9422 and its bias has remained neutral in the previous trading hours of the day. Below 0.9422, it would target 0.9320 and 0.9298 extended. But a break above 0.9640 we could expect the pair to fly to 0.9750 and 0.9771 extended.

[M Sabry M Elbakrawy]

The USD/JPY pair is currently testing 80.00 level, U.S unemployment data showed 387K from expected 381K so i think that this major will retrace to 79.50 soon.

[Gutsalo]

Yes, a couple continues to grow, after the breakdown of the trend line is almost irresistible, they even have a price above 80.10.esli and so on will not you think 80.60 today tomorrow we shall see, and we'll see whether there is another force to drive the price of a bull ...?

[alvabra2010]

USD/JPY is also another pair that is floating around its range i.e between 78.60 and 79.80 with the bias being neutral during the whole trading hour. If the pair manages to out break 79.80, then it could aim for 80.34 and even more but a break down of 79.80 will indicate a downfall to 77.80 or more.

[Alfredo]

USDJPY By the time I make this post this pair is around 80. 23/24 (0.88%) The main pivot point based on classic calculation is 79.35. The other ones are: R1 79.91, R2 80.28, R3 80.84, S1 78.9778.41, S3 78.04.The EMA20 is at 80.0531 indicating that we should look to Buy. The ADX is telling that the trend is Neutral. Also the CCI is indicating that we should look to Buy. The MACD indicator is at -0.1215 pointing that we are in a Buy situation.

[Olig]

The pair continues to show strong growth for several hours, the price is close to a strong resistance level of 80.55, also on this level is quite likely the beginning of the corrective movement to the south.

[khaled24]

http://img217.imageshack.us/img217/1945/usdjpye.png
After the bullish motion of this pair as i expected before , it will move down slightly until it reach the support level @ 79.85 (50.0%) , then this level will push the pair up again into its bullish channel , i don't prefer selling now as it is not ensured , but we just have to wait for this slight drop then buying the pair will be the best decision , Good Luck

[alvabra2010]

USD.JPY has risen further to 80.53 and the intraday bias remains to the upside and could aim for 80.73 and more if the trend continues. Meanwhile, below 80.10 the bias could turn neutral and break of 78.60 is required to confirm if the pair is going to have a down slide.

[Vamos]

The MACD histogram is located near its signal line, continues to rise slowly, and thus sends a signal to buy. Stochastic oscillator is overbought and generates the same signal as the% K line rises above the% D. at 80.50 is a tremendous level of resistance to vapor formed in the fall, and if the bulls can break it then I think a couple can go ... 83.90

[Pioner3]

JPY pair is not bad increased, the growth was accompanied by little or no kickbacks, and the course of the dense line of resistance came to 80.50, while above this level the course is not allowed, I think today we can expect the correction to the target of about 79.77.

[sobissa]

USD / JPY pair was able last night over the closure of the Fibonacci levels of 38, but he has a cloud on the Como Span large frame, which will make us daily to see some downward trend in the direction of, or incidental for up to find a suitable place until we see more of the Ascension

http://hh7.an3m1.com/Sep/an3m1.com_f2da836f631.png (http://hh7.an3m1.com/)

[Irika]

The dollar continues to show very strong growth across all trading instruments, JPY once again made ​​another this week, the maximum signal 3 shows the Ichimoku lines signal the continuation of the northern movement, I think the purpose is the level of 83.00.

[Gutsalo]

Why, this pair made a surprise ... when it seemed that the punch through level after level down and the inevitable fall of a couple of shoots to the top ... now go on sale very strong resistance level of 80.50, but is not sure there will be enough force to knock the first time and go further, I think that can beat the anticipated level of rollback ... a rollback 79.80 ...

[Olig]

Today a significant increase in the dollar, oil and base pair continued to fall against the dollar, jpy went to the next resistance of 80.50, if the price will be able to be enhanced above this level (and I think it will be so) then open the way to at least 82.70.

[roncos]

Daily USDJPY chart is seen to 80.62 area, and FR 50% (80.91). The next target of FR 61.8% (81.68) and 81.87 as well as the alert area bearish reversal.
Support early in the FR 38.2% (80.14), 79.79 strong support, as well as two levels of the area in anticipation of a bullish reversal. Fibo retracement point of reference, 84.18 and 77.66

[Alfredo]

USDJPY This pair is trading at 80. 43/43 (0.19%), the exponential moving average period 5 is at 80.5116 giving the indication of a Buy situation. The exponential moving average period 20 is at 80.4369 telling us that it is a Buy signal. The ADX is indicating that the trend is Neutral. The main pivot point is at 80.01. Price has been trading between High 80.58 Low 80.01.

[sobissa]

USD / JPY closed bullish candle candle week, but the husband is still strong within the cloud Como Span, a relative of the 50 regions of the Fibonacci us not to rush back because it is possible to land at these levels of

http://hh7.an3m1.com/Sep/an3m1.com_e87fb0dc391.png (http://hh7.an3m1.com/)

[shiva]

bullish bias above 80 Pivot: 80.00.
Our Preference: LONG positions above 80 with 80.8 & 81.05 as next targets.
Alternative scenario: The downside penetration of 80 will call for 79.65 & 79.4.
Comment: the break above the resistance at 80 triggered an upward acceleration to 80.8.
http://cache.mail.yandex.net/mail/cc1c1a45720537394d4be9e7a6313692/www.tradingcentral.com/chart/USDJPY201262572244.GIF

[mahmoud mohamed tawfik]

long positions at 80.2180 with 80.6170 target

the breakout of 79.7830 will call for a slide at 79.3610

http://www8.0zz0.com/2012/06/25/08/605482677.gif (http://www.0zz0.com)

[Pioner3]

JPY pair on Monday went on correcting, repulsed by the resistance of 80.54 and the pair are now close to a broken little earlier level of 79.77, I think that from this level will be a retreat to the north and continue north of the wave.

[sobissa]

USD / JPY, as I said yesterday before the opening of the market we should not rush to purchase because the husband resides at regions of strong resistance here is the pair back today to drop and is now present at areas of previous support

http://hh7.an3m1.com/Sep/an3m1.com_7ee90d84021.png (http://hh7.an3m1.com/)

[Alfredo]

USDJPY At this precise moment this pair is around 79. 90/91 (-0.68%). looking at the indicator Moving Average Convergence Divergence (MACD) we can see it is at 0.1022 indicating that we should be in a Sell situation. Also the Exponential Moving Average period 20 is moving at 80.0525, indicating that we are in a Sell trend. For now today extreme levels are: High 80.63 Low 79.78. Today main pivot point is 80.34.

[alamgir92]

It is a compine which is our made eamployidman and give a sweet time when earm and pais time vary fine.

[Irika]

USD / JPY exchange rate continues to fall, the pair is trading within the Ichimoku cloud (today she managed to break through the upper boundary), also is developing a two-signal indicator Ichimoku for sale, my goal is still to be around 79.00.

[shiva]

The Japanese yen rose on Tuesday on the background of rising demand for save heaven assets in anticipation of the outcome of the G20 leaders meeting in Mexico. The meeting was primarily devoted for discussion about the debt crisis in the euro zone. After a brief recovery on the background of the Fed decision the yen resumed its decline against other traded currencies. The reason for the continuation of the downtrend was information that the Japanese lawmakers were close to reach an agreement on tax measures aimed to the lowering rate of the national currency. The yen continued to decline after the published information which revealed that the percentage of lawmakers in the leading party in Japan who voted for taking additional measures for stimulating the economy has increased. The yen continued to weaken against its competitors. The USD / JPY pair reached the Y80.50 on Friday.

[alvabra2010]

Pair's rally is expected to remain bullish as of now. The descent from 84.17 most probably might have finished, if it has not then we could see some bearish momentum in the near time. Above 80.61 the pair could target 81.48 and more. I guess its the right time to buy USD/JPY.

[Olig]

JPY pair fell today is very strong in the south, after such a motion should be expected as a minimum correction in a northerly direction, the pair are also moving closer to 200, and she has strayed again, I think she will turn to the correction.

[gemmy]

After a strong bearish direction in the past few hours as shown in H4 chart , the pair couldn't break the support level @38.2% so i think it will make some correction and will rise in the next few hours till reach the fibo level @23.6% and make retest ,


1792

[Alfredo]

USDJPY By the time I make this post this pair is around 79. 63/66 (-0.03%) The main pivot point based on classic calculation is 80.34. The other ones are: R1 80.67, R2 80.91, R3 81.25, S1 80.179.76, S3 79.52.The EMA20 is at 79.6551 indicating that we should look to Neutral. The ADX is telling that the trend is Neutral. Also the CCI is indicating that we should look to Buy. The MACD indicator is at -0.0008 pointing that we are in a Buy situation.

[khaled24]

http://img717.imageshack.us/img717/535/usdjpyeu.png
After it broke the resistance level @ 79.85 (50.0%) , the pair has continued moving down and i expect more slight drop until it reach the upward trend shown on the included chart , the pair on this case will make a retest then it will reverse its direction and move up bullishly again , so buy now with large stop loss below the trend line or wait until the pair hit the trend but the second case is not ensured to happen , Good Luck

[hazem ahmed mohamed]

from the H4 chart it is obvious that there is a support level @79.54 so i suggest buying this pair if the support level is broken we can wait until reaching the moving up trend where we can buy .

[M Sabry M Elbakrawy]

The form price pair USDJPY summit at the level of 80.62 on the chart chart currency Frame 4 hours and are more likely to be reduced further in a few days to come, the next target may be around the region 79.00 on the other side may be landing the initiator of 80.62 is just a correction to consolidate the upward trend the initiator of 77.66 and as long as the trading firm support above 79.00 is expected to rise in price at some time later to the region after completing the 83.00 patch.

[sobissa]

Dollar / yen pair was able yesterday to close under the previous levels of support which makes us predict more downward

http://hh7.an3m1.com/Sep/an3m1.com_edfd44c31c1.png (http://hh7.an3m1.com/)

[Pioner3]

At the 4 hour chart for this pair is very well marked channel in which the exchange rate, the price yesterday, strayed from the upper border and now goes to the inclined support level from which most likely will again retreat to the north.

[alvabra2010]

USD/JPY has currently cut nearly 50 pips downwards but its intraday bias remains neutral. Above 80.61 the pair could aim for 81.49 and more. Meanwhile, below 78.60 the pair could chop down till 77.66 and more.

[Alfredo]

USDJPY At this precise moment this pair is around 79. 35/38 (-0.38%). looking at the indicator Moving Average Convergence Divergence (MACD) we can see it is at 0.0784 indicating that we should be in a Sell situation. Also the Exponential Moving Average period 20 is moving at 79.49, indicating that we are in a Sell trend. For now today extreme levels are: High 79.81 Low 79.23. Today main pivot point is 79.91.

[Irika]

A couple in the last few hours had fallen very much in the south, after such strong movements have a high probability of early correction of the north, a course close to the lower boundary of the Ichimoku cloud around him formed by support which I think will grow.

[Olig]

The pair steadily entrenched below the 200 MA course which yesterday could not overcome the basic medium of motion continues to the south, and it must follow, the main purpose I can see some levels of 78.80, just off it can be spread.

[Vamos]

The MACD histogram is still located in the negative zone, but continues to rise smoothly thus sends a signal to pokupku.Tem over the past week has shown good potential for growth, I think now is a pullback before the next correction to the top of a jerk ...

[maroc89]

The trading range for today is among key support at 78.20and key resistance now at 80.75.
The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact

---------- Post added at 09:15 PM ---------- Previous post was at 09:14 PM ----------

staying aside until an actionable setup presents itself to pinpoint the upcoming big move.
Support 79.25 78.20
Resistance 79.55 80.50

[mohamedsaleh]

i want to ask i opened a buy order but the i lost the connection and it did not give me any thing but after some time i found that i earn form the buy order i made , is this happened with you before

[mahmoud mohamed tawfik]

long positions at 79.5630 with 79.9320 target

the breakout of 79.2370 will call for arebound towards 78.8480

http://www9.0zz0.com/2012/06/27/08/940625187.gif (http://www.0zz0.com)

[sobissa]

USD / JPY will determine the direction the next four hours on the frame where the husband resides in key areas if it manages to penetrate the cloud Como Span, we are heading down to further decline if either close above 79.76 levels we are heading for the rise

http://www5.0zz0.com/2012/06/27/09/664520292.png (http://www.0zz0.com)

[alvabra2010]

There has been no change in my outlook for USD/JPY so afar. The rebound from 77.66 still seems to extend further. Above 80.49, the pair could aim for 81.32 and more. Meanwhile, below 78.72, the pair could aim for more south targeting 77.66 and more.

[maroc89]

The trading range for today is among key support at 78.20and key resistance now at 80.75.
The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact

[sazzad]

This pair is comprise of American dollar and Japani Yen we know that USD is always stronger then the Japani Yen and this is Major pair now this pair at 79.59 but i think it will hit to 81.00 within next week.

[Gutsalo]

In the lull, the Japanese currency shows at least some movement, it is clear that the pair moves above the line of the uptrend, and most likely next target for the pair is 80.50 mark, which now looks like a very strong resistance ...

[Pioner3]

The course did not get a few points to the lower border of the ascending channel on the inside which has traded since last week, the couple began to form the northern tide, the goal is still my resistance is about 80.54.

[M Sabry M Elbakrawy]

Slid pair USDJPY level 80.62 was extended landing and reached level 79.23 is expected to be reduced further towards the line of channel price chart chart currency Frame 4 hours and if the price dropped below the channel support would signal to the completion of the movement onto the prefix of 77.66 in virtually 80.62 and then can be expected to fall in price later to the region 76.00 -77.00, on the other side if it remains trading firm above the channel's support was an indication that the landing initiator of 80.62 is a correction to consolidate onto the initiator of 77.66 and then can be expected to rise further in later about 83.00 after the completion of the correction.

[Irika]

A pair of confidence overcame a strong resistance level of 79.73, and fixed above the Ichimoku cloud, the underlying trend to the north, a pair of work out retreat from the inclined line and I think will continue to grow and further goals until about 80.40.

[Vamos]

The MACD histogram crossed its signal line on the top and have to be in the positive zone, the price gradually strayed from the trend line, so now I think we will rise again to the north .... Resistance 80.50 ....

[mahmoud mohamed tawfik]

usd/jpy

long positions at 79.5440 with 79.8270 target

the breakout of 79.3950 will call for 79.2490

[yogesh]

Standard pivot


R3 80.37
R2 80.149
R1 79.927
PIVOT 79.636
S1 79.414
S2 79.123
S3 78.901

[M Sabry M Elbakrawy]

Expected to continue upward trend initiator of 77.66 and then the price rises to 83.00 area on the other hand, if support is broken down may indicate that to the end climb the initiator of 77.66 actually 80.62 in price and then drop back to the 76.00-77.00 area.

[maroc89]

staying aside until an actionable setup presents itself to pinpoint the upcoming big move.
Support 79.25 79.00 78.80 78.50 78.20
Resistance 79.80 80.10 80.30 80.50 80.75

[Rashel Patoary]

On Wednesday Dollar/Yen increased with 55 pips. The currency couple appreciated from 79.35 to 79.87 yesterday, not matching the negative money flow sentiment at almost -12%, closing the day at 79.70. This morning the Dollar weakened against the Yen, descending down to 79.33. On the 1 hour chart range trading has formed, while on the 3 hour chart quotes are moving within wider range. Break above yesterday's top and nearest resistance 79.87 would encourage further recovery of the Dollar. Immediate support is today's bottom at 79.33, and consistent break bellow it could strengthen the Yen further down towards next target 78.45.

[sobissa]

USD / JPY yesterday closed a small but bullish candle today returned to land after his arrival to the resistance levels are waiting for closure under the trend today to make sure the probability of transition to the downward trend

http://www11.0zz0.com/2012/06/28/12/233334181.png (http://www.0zz0.com)

[Pioner3]

Once again, JPY went to a number of strong levels of support, including the level of the inclined and horizontal price level of 79.28, from these levels will likely rebound in a northerly direction to the goal of 80.54.

[alvabra2010]

USD/JPY remains neutral when other pairs are violate. Its rebound from 77.66 is still in favor to continue. Above 80.60, we would be seeing the pair fly to 81.40 and more. Though, below 78.60 the pair could take a drop to 77.50 and more.

[Gutsalo]

Japanese currency broke through the sloping trend line, and while the sale goes to support approximately 79.20, if not then I think strikes below the top of the movement can continue .. the old trend line but on the other hand, ie underneath ....

[Irika]

jpy continues to trade near the strong level of support until the 79.28 rate below this line is not allowed, and given the general trend of increase in the dollar is on this level should expect to rebound in a northerly direction.

[Miki]

The yen is noticeable on the uplink H1 time frame, I opened a short position, I think it would be a retreat to the north, because the couple went to the bottom of the channel and stopped beside her.

[darek2302]

The pair has declined below 79.707 this may bring pair to 79.070.
Resistance: 79.707, 80.438, 81.399
Support: 79.070, 78.345, 77.539

[Vamos]

The MACD histogram is below the signal line in the negative zone, but gradually rising, the couple keeps a good level of 79.20, the stores themselves a chance for further growth, resistance 80.50 ...

[darek2302]

The strong break of 55 days EMA indicates that another rising leg has started targeting 84.17 resistance. But after all, the medium term outlook will stay bearish as long as 85.51 resistance low and we'd expect a new low below 75.56 after the consolidation completes.

[woody77]

No change in USD/JPY's outlook so far. With 78.60 minor support intact, rebound from 77.66 is still in favor to continue. Above 80.61 will target 61.8% retracement of 84.17 to 77.66 at 81.68 and above. Though, below 78.60 will likely extend fall from 84.17 beyond 77.66.

[sobissa]

USD / JPY pair did not move strongly today as they moved the rest of the majors but is currently trading under the rising trend that causes us to think about the landing of the pair, where he could not closing above resistance levels since the four days he could not overcome the resistance

http://www10.0zz0.com/2012/06/29/10/651447546.png (http://www.0zz0.com)