Usd/Jpy [Archive] - Page 6 - Forex Forum India

gandha

2012-10-17, 05:14 PM

http://files.monexnews.com/img.php/src/Daily%20Chart/yen16Oct.GIF
USD / JPY is currently in a bullish bias, test resistance at 78.85. Stochastic and CCI 1 hour shows overbought indications. If the signal / bearish pattern confirmed before the above broken resistance, the correction is expected to occur in the range of targeted support area 78.50 - 78.28.

Intraday bias will remain bullish as long as 78.82 support at last. Thus, the signal / bullish pattern is likely to emerge in the area of support of the above could be a signal to take up positions.

Note also resistance at 78.85. Bullish bias will be stronger if the level is broken so it will open up opportunities for continued bullish movement to the range of 79.06 - 79.30.

Beware of possible breakdown of support at 78.28 for intraday bias will turn bearish if it happened and an opportunity for bearish movement to 78.15 - 77.93.

hictor23

2012-10-17, 05:19 PM

USD/JPY
SELL
Entry :- 78.860
TP1 :- 78.401
TP2 :- 77.943
SL :- 79.782

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

erumozor

2012-10-17, 05:24 PM

yes i agree with you also the market has broken the major support so let all enter the market on sell it is going down in a very strong way so let all get ready and be in the market and at least set a take profit of 50 pips

Bieela_cute

2012-10-17, 06:34 PM

As dollar has retreated after faltering below yesterday’s high of 78.59, suggesting further consolidation below this level would take place, however, as this rebound suggest low is possibly formed at 77.95, downside should be limited to 78.00-05 and bring another rebound. Above said resistance would extend the rebound towards resistance at 78.88, break there would extend recent upmove from 77.44 to 79.00, then previous resistance at 79.23 but a breach of this level is needed to retain bullishness.

In view of this, we are looking to buy dollar on dips. Only a firm breach below previous support at 77.80 (last week’s low) would abort and signal top is formed and shift risk to downside for a retest of 77.44.

winstead

2012-10-17, 08:24 PM

I think the direction of the next target of this pair in case of break-high, is at a resistance area in the range of 79.17 -79.58. The potential movement in the event of a break-down low on 78.75 level, the projected movement of the decline is in the area support in the range of 78.53 to 78.27.

Jobs

2012-10-18, 01:05 AM

The USD / JPY is increasingly rising to the top is very close to the 79.00 resistance level and it seems that soon prepared sample minima ****ually clamped to the top and a couple simply has to go somewhere and shoot .... I am inclined to the north ...

ispgamer

2012-10-18, 08:57 AM

USDJPY is moving near the 79.16 resistance level now. I think USDJPY will touch that resistance level today. Then, if USDJPY can break that resistance, this pair may goes up to the next resistance level at 79.76. But if fail to break, USDJPY may makes some reversal movement.

romannil

2012-10-18, 10:23 AM

Usd/jpy technical analysis for 18.10.2012 by using : Auto pivot indicator.

resistance 3:79.60
resistance 2:79.34
resistance 1:79.14

pivot point :78.87

support 1:78.67
support 2:78.41
support 3:78.21

ashaab

2012-10-18, 11:08 AM

http://i45.tinypic.com/dy3o87.png

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.90 and key resistance at 80.50. Based upon my chart analysis, I prefer to buying the pair around 78.80 with target 80.30 and stoploss is below 77.90.

forexking2

2012-10-18, 11:23 AM

the pair resumes trading positive approaching barrier pivotal resistance 79.20, and to penetrate the price this level upwards, we will remain on the sidelines until we have signals confirm precisely the direction of the next, as the penetration level mentioned will be open orientation levels 80.00 80.70 initially,while break 78.45 is a preliminary signal to try to return to the bearish channel again.

Miki

2012-10-18, 02:54 PM

Pair still managed to overcome the resistance of 79.00, now you can forget about sales, this figure breakthrough opened the way for further growth in the flesh to 90.60 (the first resistance and the 200-sliding away already you can think of sales).

hictor23

2012-10-18, 02:59 PM

USD/JPY
SELL
Entry :- 79.090
TP1 :- 78.592
TP2 :- 78.096
SL :- 80.091

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

turabawan8

2012-10-18, 03:22 PM

18/10/2012 USD/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 78.9

Our preference: LONG positions at 78.95 with a target to 79.2 and 79.4 in extension.

Alternative scenario: Below 78.9 we expect further downside with 78.8 and 78.6 of the target.

Technical Comments: the RSI is bullish mixed.

raihan8212

2012-10-18, 03:30 PM

The U.S. dollar was trading close to a one-month high against the yen on Thursday, as market sentiment remained supported after Chinese growth data eased concerns over global growth, while expectations for more easing by the Bank of Japan weighed on the yen.

USD/JPY hit 79.21 during European morning trade, the pair�s highest since September 19; the pair subsequently consolidated at 79.12, gaining 0.22%.

The pair was likely to find support at 78.90, the session low and resistance at 0.79.20, the session high.

The dollar strengthened against the safe-haven yen after official data showed that the Chinese economy expanded by 7.4% in the three months to October, matching economists� forecasts.

The data came one day after a report showing that U.S. housing starts rose by 15% in September, the fastest pace since July 2008, adding to hopes that the U.S. economic recovery is gaining momentum.

The yen remained under pressure amid speculation that the BoJ may further increase the size of its asset purchase program at its upcoming policy meeting on October 30.

forexking2

2012-10-18, 04:10 PM

The pair did not find any difficulties with the line of resistance to bearish wedge pattern and succeeded in achieving a new daily closing above it. This breakthrough confirmed previous break back above SMA for 100

najmul.djd

2012-10-18, 07:29 PM

usd/jpy technical analysis by using : average directional movement index

adx : 37.1440
+di : 21.4564
-di : 8.3096
timeframe : 1 hour

time : 1600
date : 18.10.2012

great white

2012-10-18, 08:13 PM

USDJPY breaks below 77.92 support. Further decline could be seen after a minor consolidation,
and next target would be at 77.00 area. Resistance is at 78.20,
as long as this level holds, the downtrend will continue.

shepon93

2012-10-18, 08:16 PM

USDJPY has been discarded by the confrontation level at 78.61.I think USDJPY may fall and touch the support level at 78.19.But if USDJPY can break 78.61 resistances and also break the last Friday's high at 78.67, USDJPY may go up and touch the next resistance level at 79.16.To this Lavel

mudassiransi

2012-10-18, 10:17 PM

A psychological take profit is as non-productive as a a psychological stop loss. IMHO, it is better to learn and understand time/price movements and than to trade those movements rather than deciding it has to go 150 pips.

As far as the euro goes....there were a great deal of pips on the table. Count the pips on the swings of the hourly chart. If your system or strategy did not produce positive pips with such swings, you may want to consider alternative strategies or systems.

Mr.Strong

2012-10-18, 10:29 PM

Our preference: Long positions above 78.9 79.5 However targets@79.4 in extension.
Alternative scenario: Below 78.9 look for further downside with 78.8 and 78.6 as targets.
Comment: This pair is still in the upward trend and defy upper border of the rising channel.

Pioner3

2012-10-18, 11:51 PM

Steam a bit complicated for trading course today again found resistance in the form of 200 and moving away correction began, it seems to steam lines determined after the breakdown of resistance 79.00 made at the resumption of growth will be buying.

aanshi

2012-10-19, 12:01 AM

You are right, I think, 79.40 is high price now & any body trade it for a few profit. so you can trade it for more profit. Other JPY is now below other currency so decision consciously.

turabawan8

2012-10-19, 12:41 AM

USD/JPY hits 2-month high and retreats after US data

The dollar spiked to a fresh 2-month high versus the yen after the latest string of US data showed that manufacturing activity in the Philly region improved for first time in 6 months in October, although USDJPY quickly retraced part of its gains and returned to its comfort zone around 79.30.

At time of writing, USDJPY is quoting at the 79.30 area, up 0.5% on the day, and just off the 2-month peak of 79.45.

Macintosh

2012-10-19, 01:07 AM

The USD / JPY has managed to consolidate above the resistance level of 79.00, and continues to grow, the histogram rises and we see that the growth of a not very rapid and with setbacks ... so I think a couple can still continue to go ... so I assume that the first such resistances moans 79.65 ... and then we'll see ..

Bieela_cute

2012-10-19, 04:15 AM

Elliott: extended impulse wave up 79.69
While below 79.37 - 79.52 it is more likely to fall further towards 79.09 or 78.97. Premature rise above 79.52 could see it rising above 79.77 zone.
Warning: End of trend
Technical points
Key point 79.3900
Entry point 79.2300
Elliott 78.6200
Closing 79.2700
Projection 79.6900
Trendline 78.9200
Trendline 79.2100
Supports / Resistances
Res 2 79.7700
Ex-High 79.4700
Res 1 79.5200
Pivot 79.2200
Sup 1 78.9700
Ex-Low 78.9200
Sup 2 78.6700

raihan8212

2012-10-19, 09:59 AM

The U.S. Dollar was higher against the Japanese Yen on Friday.

USD/JPY was trading at 79.34, up 0.09% at time of writing.

The pair was likely to find support at 78.33, Monday�s low, and resistance at 79.45, Thursday�s high.

---------- Post added at 10:29 AM ---------- Previous post was at 10:20 AM ----------

The U.S. Dollar was higher against the Japanese Yen on Thursday.

USD/JPY was trading at 79.34, up 0.09% at time of writing.

The pair was likely to find support at 78.33, Monday�s low, and resistance at 79.45, today�s high.

forexking2

2012-10-19, 11:24 AM

Expected trading range for today is between: Support 78.00 Resistance 80.70
General tendency is expected for the day: UP

ashaab

2012-10-19, 11:51 AM

http://i45.tinypic.com/5jtb11.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.90 and key resistance at 80.50. Based upon my chart analysis, I prefer to buying the pair around 78.80 with target 80.30 and stoploss is below 77.90.

great white

2012-10-19, 11:54 AM

USDJPY’s upward movement from 77.94 extends to as high as 79.46.
Support is at 79.00, as long as this level holds, the uptrend could be expected to continue after a minor consolidation,
and next target would be at 80.00 area.

romannil

2012-10-19, 12:14 PM

Usd/jpy technical analysis for 19.10.2012 by using : Auto pivot indicator.

resistance 3:80.09
resistance 2:79.79
resistance 1:79.53

pivot point :79.22

support 1:78.96
support 2:78.66
support 3:78.40

raihan8212

2012-10-19, 12:46 PM

The U.S. Dollar was higher against the Japanese Yen on Friday.

USD/JPY was trading at 79.30, up 0.04% at time of writing.

The pair was likely to find support at 78.33, Monday�s low, and resistance at 79.45, Thursday�s high.

Miki

2012-10-19, 02:58 PM

Couple again went to the 200 moving around which once again left off, the time schedule is noticeable turn south and the formation of a double vershinki, got on sale, do not believe in strong growth.

Mr.Strong

2012-10-19, 03:07 PM

Upward direction pair today
Expected targets 59.50 - 79.70 - 79.90
With the necessity of constant trading above the support level at 79.05

ahmed fakhry

2012-10-19, 04:22 PM

Amid growing of Asian stocks and optimism associated with started today the two-day meeting of European Union leaders in Brussels the yen reached minimum values of the month against its counterparts. Markets were full of positive expectations about the announce of the solutions in resolving the Eurozone debit crisis. The pressure on the currency was also provided by the fact that on October 30 the central bank of Japan may announce another package of measures for stimulating the National economy. The USD / JPY pair rose to Y79.36 level updating its monthly high today.

turabawan8

2012-10-19, 04:29 PM

19/10/2012 Usd/jpy Full Detailed ForeCast

Intraday USD / JPY intraday support around 79.05.

Pivot point (level of invalidation): 79.05

Our preference: Long positions above 79.05 with target to 79.5 and 79.7 in extension.

Alternative scenario: Below 79.05 we expect further downside with 78.95 and 78.8 of the target.

Technical Comments: the RSI is bullish and calls for further uphill.

hictor23

2012-10-19, 04:37 PM

USD/JPY
SELL
Entry :- 79.310
TP1 :- 78.908
TP2 :- 78.508
SL :- 80.116

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

gandha

2012-10-19, 04:42 PM

for prediction of long outreach usd would be more likely to strengthen against the yen, the Technical currency pair has mampau penetrate and show signal buy for the long term.penurunan happened tonight is just correction of the uptrend that occurred the previous day with a very strong.78.86 likely be a strong reversal back up

najmul.djd

2012-10-19, 06:34 PM

usd/jpy technical analysis by using : average directional movement index

adx : 32.8318
+di : 14.9012
-di : 22.1377
timeframe : 1 hour

time : 1500
date : 19.10.2012

forexking2

2012-10-19, 06:52 PM

usd/yen stable daily closing above 79.20, this condition represents a turning in order to effectuate trades instantaneous upward, where we expect that the target price now levels of 80.00 and 80.70

winstead

2012-10-19, 08:36 PM

Upward movement USDJPY from 77.94 extends to as high as 79.46. Support is at 79.00, provided that these levels persist, uptrend could be expected to go after minor consolidation, and next target would be at 80.00 area i think.

Macintosh

2012-10-20, 12:20 AM

After the breakdown of 79.00 pair successfully fixed above and continues to move to the north ... we see that the time schedule roll down getting higher so I'm waiting for the breakdown of the triangle at the top. above 79.40 ...... I think that the growth has continued at least to 79.65 ..

Bieela_cute

2012-10-20, 03:53 AM

USDJPY next week
Elliott: irregular flat correction up 79.90
Uptrend is still intact in a triangle configuration. It should continue to rally to 79.53 or 79.74 if support around 79.04 hold. After which a pullback to 79.04 - 78.82 zone is possible.
Warning: Imminent end of bullish move
Technical points
Key point 79.7200
Entry point 78.9900
Elliott 77.4400
Closing 79.3100
Projection 80.3200
Trendline 78.3700
Trendline 78.7100
Supports / Resistances
Res 2 80.1700
Ex-High 79.4700
Res 1 79.7400
Pivot 79.0400
Sup 1 78.6000
Ex-Low 78.3300
Sup 2 77.9000

raihan8212

2012-10-20, 01:35 PM

The dollar rose against the yen on Friday as investors opted to hole up in safe-haven dollar positions in wake of weak U.S. housing data and poor third-quarter earnings results out of the U.S.

In U.S. trading on Friday, USD/JPY was trading at 79.30, up 0.03%, up from a session low of 79.14 and off a high of 79.43.

The pair was likely to find support at 79.14, the earlier low, and resistance at 79.43, the earlier high.

U.S. existing home sales fell in September but in line with expectations, industry data revealed on Friday.

In a report, the National Association of Realtors said that home sales fell 1.7% to 4.75 million from 4.83 million in August, whose figure was revised up from 4.82 million.

Analysts had expected existing home sales to fall to 4.75 million last month.

While in line with expectations, the report stoked bearish sentiments on Wall Street and sent investors chasing the dollar, ditching the euro and higher-yielding currencies in the process.

Earnings fueled dollar demand even more.

Microsoft reported late Thursday that its third-quarter net income fell 22% to USD4.47 billion, which missed expectations, while revenue fell 8% on year to USD16.01 billion.

General Electric, meanwhile, reported earlier that its third-quarter net income rose 8% to USD3.49 billion, while revenue rose 3% to USD36.35, missing market expectations.

Search giant Google released earnings earlier than planned late Thursday, which sparked confusion, and missed estimates as well.

Both currencies saw demand on news Spain won't rush to seek rescue financing.

Spanish Prime Minister Mariano Rajoy said his government felt it was under no pressure to seek a bailout, which pushed the euro down against safe-haven currencies, including the yen.

Requesting financial assistance would allow Spain to tap the European Central Bank's bond-buying program, which would lower yields in Spanish government debt auctions and ease credit conditions in the country.

turabawan8

2012-10-20, 05:28 PM

GBP/USD Weekly Forecast October 22-26

It was a wild week for the GBP/USD shooting up 130 pips before reversing after making a higher high than the previous weekly price bar and closing down -20 pips for the week.

GBP/USD Outlook

Next week is a pivotal week for the GBPUSD with the weekly time frame still showing a strong uptrend but with the daily time frame rolling over into a downtrend. The 4 hour is setting up nicely for sell side trades into the open of next week. I will show you in the video.

tarake_bd

2012-10-20, 07:01 PM

usd/jpy is good condition this week. i seem this week usd/jpy go 80.00. today market is closed. when market is open take a trade.

poly

2012-10-20, 07:05 PM

On the heels of massive Yen rally in summer 2007, later named by main stream press the "unwind of the carry trade",we published an article about anticipated direction of GBP-JPY. For details please see previous writing "Trading Forex- GBP-JPY outlook".
The future outlined there have come to fruition and it's time to take a look next possible moves for this cross

Amer_Alajalen

2012-10-20, 11:02 PM

I like USD/JPY because its give me successful
orders always

najmul.djd

2012-10-20, 11:07 PM

usd/jpy technical analysis by using : average directional movement index

adx : 15.3955
+di : 12.6436
-di : 14.6271
timeframe : 1 hour

time : 2300
date : 20.10.2012

robiul alam

2012-10-20, 11:27 PM

Ye pair downtrend ke movement par hain par agar ye 80.71 touch hota to 81.21 tak jaa sakta forex forum indian forex your work to money forex forum good like

mdjoy16

2012-10-21, 02:09 AM

Today,Initial support is located at 80.00 (Big figure suppor forex your work to money forex forum good like thanks forex busniess forum indian good like

dollar

2012-10-21, 06:04 PM

USDJPY bullish sideways
Prev Close: 79.28
Open: 79.32
Day's Range: 79.14 -
79.49
range still limited in this pair, breakout could be happen. If 79.14 break, posible to down. Beside that if 79.45 break, posible to bullish perform

---------- Post added at 06:04 PM ---------- Previous post was at 06:01 PM ----------

USDJPY bullish sideways
Prev Close: 79.28
Open: 79.32
Day's Range: 79.14 -
79.49
range still limited in this pair, breakout could be happen. If 79.14 break, posible to down. Beside that if 79.45 break, posible to bullish perform

hazem ahmed mohamed

2012-10-21, 06:24 PM

we have a support level on the daily chart @23.6% so i predict that USDJPY will move upward on the short term and i suggest buying this pair now our target point will be@38.2%.

ichsanz

2012-10-21, 08:55 PM

http://sphotos-a.ak.fbcdn.net/hphotos-ak-snc6/281435_544827968866199_1649424346_n.jpg

that from the picture above .. show prices would plunge deeper .. candle while MACD is still above .. but see lah .. candle bar that is above MACD has started to shrink and begin to reverse direction of the trend hit the mark .. and added to its volume indicator is red ( down )

robiul alam

2012-10-21, 09:04 PM

Main ye thread USD/JPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne good like forex indian fast busniess thanks like

gandha

2012-10-21, 09:09 PM

analysis based on weekly, I can say that the price has been above the band midle valid means USDJPY is at the buyers are, and positive tomorrow will be open daily candle above the midle so they can do the buy order again because I am sure he will rise even higher

tarake_bd

2012-10-21, 10:08 PM

��
Date: 21-10-2012
usd /jpy technical analysis�..
Using: megamind penel v2.0
Today high or low-30pips.
Daily average- 45 pips.
Woodies trend: medium up.
daily Resistance 3- 80.06
daily Resistance 2- 79.76
daily Resistance 1-79.51
Daily Pivot point79.21
Daily support 1-78.95
Daily support 2-78.65
Daily support 3-78.39
��

Bieela_cute

2012-10-22, 04:00 AM

Elliott: extended impulse wave up 79.69
Current rise should end around 79.37 or 79.45. Objectives of this downmove are 79.15 or 79.00. A rise above 79.59 is again bullish.
Warning: Harami
Technical points
Key point 79.4400
Entry point 79.3800
Elliott 78.6200
Closing 79.3100
Projection 79.3900
Trendline 79.2300
Trendline 79.4000
Supports / Resistances
Res 2 79.5900
Ex-High 79.4300
Res 1 79.4500
Pivot 79.2900
Sup 1 79.1500
Ex-Low 79.1400
Sup 2 79.0000

tradergalau

2012-10-22, 05:38 AM

USDJPY only moved in small range on the last Friday. Then, if we look on the daily time frame, The last Friday movement has formed an inside bar candle. So, I think the break out movement may happens on USDJPY.
If USDJPY can break the last Friday's high, this pair may goes up to the 79.76 resistance level. But if USDJPY can break the last Friday's low, it means USDJPY also break the 79.16 support level successfully and will op[en a way for USDJPY to fall and touch the lower support level at 78.61
http://i.imgur.com/l9uuW.gif

hawk jet

2012-10-22, 06:38 AM

The USD/JPY pair did very little during the session on Friday, as the rest of the markets rocking back and forth in a “risk off” type of move. The fact is that we are getting close to the 80 handle, and this is an area of massive resistance. In fact, we also see the 79.50 is been the beginning of that level or it with this being said, the neutral candle on Friday could be the signal that we are running out of steam, and will continue to fall back into consolidation. It is because of this, that we are more than willing to start selling a break of the Friday lows

romannil

2012-10-22, 07:37 AM

Usd/jpy technical analysis for 22.10.2012 by using : Auto pivot indicator.

resistance 3:79.76
resistance 2:79.60
resistance 1:79.45

pivot point :79.29

support 1:79.15
support 2:78.99
support 3:78.84

raihan8212

2012-10-22, 09:12 AM

The U.S. Dollar was lower against the Japanese Yen on Sunday.

USD/JPY was trading at 79.24, down 0.11% at time of writing.

The pair was likely to find support at 78.62, Wednesday�s low, and resistance at 79.45, Thursday�s high.

---------- Post added at 09:42 AM ---------- Previous post was at 09:30 AM ----------

The dollar softened slightly against the yen on Monday after Japan's trade balance report for September came in weaker than expected, prompting investors to stock up on safe-haven yen and wait on the sidelines for better news.

Talk the Bank of Japan may loosen monetary supply sparked some demand for the dollar and allowed for choppy trading that sent the pair in and out of negative territory.

In Asian trading on Monday, USD/JPY was trading at 79.32, down 0.01%, up from a session low of 79.22 and off a high of 79.33.

The pair was likely to find support at 79.22, the earlier low, and resistance at 79.43, Friday's high.

In a report, the Ministry of Finance said that the country�s trade balance fell to a seasonally adjusted -0.98T, from -0.46T in the preceding month whose figure was revised up from -0.47T.

Analysts had expected the trade balance to fall -0.74T last month.

The news sent investors selling Japanese stocks and stocking up on yen.

The Bank of Japan will meet on Oct. 30 to discuss monetary policy, and talk policymakers may take fresh steps to stimulate the economy weakened the yen against its U.S. counterpart at times during the session.

Weak U.S. earnings bolstered the yen as well.

Microsoft reported last week that its third-quarter net income fell 22% to USD4.47 billion, which missed expectations, while revenue fell 8% on year to USD16.01 billion.

General Electric, meanwhile, reported earlier that its third-quarter net income rose 8% to USD3.49 billion, while revenue rose 3% to USD36.35, missing market expectations.

Search giant Google released earnings earlier than planned late Thursday, which sparked confusion, and missed estimates as well.

The company reported revenue of USD14.10 billion, up 45% on year, though net income came to USD2.18 billion, down 20% on year and below expectations.

Fast-food giant McDonald's quarterly earnings fell 3.3% to USD1.46 billion, while revenue was basically flat at USD7.2 billion.

Soft U.S. housing data kept the yen up against the greenback as well.

In a report, the National Association of Realtors said that home sales fell 1.7% to 4.75 million from 4.83 million in August, whose figure was revised up from 4.82 million.

Analysts had expected existing home sales to fall to 4.75 million last month.

kakpay

2012-10-22, 09:36 AM

The USD/JPY pair did very little during the session on Friday, as the rest of the markets rocking back and forth in a �risk off� type of move. The fact is that we are getting close to the 80 handle, and this is an area of massive resistance. In fact, we also see the 79.50 is been the beginning of that level or it with this being said, the neutral candle on Friday could be the signal that we are running out of steam, and will continue to fall back into consolidation. It is because of this, that we are more than willing to start selling a break of the Friday lows

new-FX

2012-10-22, 11:27 AM

http://img196.imageshack.us/img196/6772/imagevr.gif

Keep a pair Usd/jpy on its stability above 79.20, to keep the upward trend is likely in the long intraday existed, to target levels of 80.70 during the coming period.

Recall passively stochastic and that may cause constant negative pressure may try to re-price to the downward path of the new

forexking2

2012-10-22, 11:29 AM

usd/ yen on its stability above 79.20, to remain bullish trend scenario is likely in the long intraday existed, to target levels of 80.70 during the coming period.

ashaab

2012-10-22, 12:33 PM

http://i50.tinypic.com/sl4gwj.png

The short term trend of the pair is to the upside. Intraweek trading range of the pair is expected among key support at 77.90 and key resistance at 81.00. Based upon my chart analysis, I prefer to buying the pair around 79.15 with target 80.50 and stoploss is below 78.20.

gandha

2012-10-22, 12:43 PM

usd will continue to put pressure on the yen, fundamentally it has been described in weekly charts, and according to my predictions last night to do a buy order, the Asian session USDJPY has high break and it could happen again until 80.60 usd jpy will experience a reversal in the long run

alskndry

2012-10-22, 01:04 PM

Jobs

2012-10-22, 01:17 PM

couple came to the resistance level of 79.65 and it looks like not going to stop, MACD-Histogram rises smoothly signaling power of buyers, Stochastic overbought, so I think may be a small rebound from 79.65 and then can call the second pair will go even higher ..

secret alibi

2012-10-22, 01:32 PM

http://i.imgur.com/EbUSO.png
The bias remains bullish in nearest term
testing 79.60 area before targeting 80.00
region. Immediate support remains around
79.10 – 78.95 area, a clear break below that
area could bring the price to neutral zone in
nearest term testing 78.50 region but overall I
still prefer a bullish scenario.

Resistance Level : 79.60, 80.00, 80.60
Support Level : 78.95, 78.50, 77.95
Trading Range : 78.95 – 80.00
Trend : Bullish

mahmoud mohamed tawfik

2012-10-22, 01:41 PM

long positions at 79.6620 with 79.8900 and 80.1400 as next targets

the breakout of 79.4660 will call for arebound towards 79.16800

Miki

2012-10-22, 02:00 PM

Dollar seems set very serious growth, that could not resist a couple of usd / jpy which continues to be observed in good trending north movement, the price has managed to overcome 200-slip punches resistance now at 79.60 which will open the way to 80.50, 81.60.

forexking2

2012-10-22, 02:04 PM

Expected trading range for this week between: Support 78.00 Resistance 81.75
General tendency is expected for this week: UP

turabawan8

2012-10-22, 02:45 PM

22/10/2012 USD/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 79.1

Our preference: Long positions above 79.1 with a target to 79.7 and 79.9 in extension.

Alternative scenario: Below 79.1 we expect further downside with 78.95 and 78.8 of the target.

Technical Comments: the RSI is to support further uphill.

sonyole

2012-10-22, 02:51 PM

Simple Analysis for the pair USD / JPY on Monday, October 22, 2012.
Pair USD / JPY today still showing bullish trend, but of the indicator at time frame 1 H, indicating that the pair will experience a downward correction, until the price of 79.57. For the pivot line, observed at 79.28, resistance 1 at 79.44, resistance 2 at 79.57 and resistance 3 at 79.73. Good luck ............

saif

2012-10-22, 04:48 PM

now experts are expect that market can be push on upside in short time.but you can not seen that not yet a recovery and the expert�s pool shows an average bullish stance for the USD/JPY although hardly seen beyond the 80.00 mark. but i think it can push upside.

hictor23

2012-10-22, 05:16 PM

USD/JPY
SELL
Entry :- 79.260
TP1 :- 78.865
TP2 :- 78.470
SL :- 80.053

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

winstead

2012-10-22, 08:29 PM

USDJPY remains in uptrend from 77.94 and extends to as high as 79.46. Support is at 79.00, provided that these levels persist, uptrend could be expected to lanju after minor consolidation, and next target would be at 80.00 area.

raihan8212

2012-10-22, 09:41 PM

The dollar softened slightly against the yen on Monday after Japan's trade balance report for September came in weaker than expected, prompting investors to stock up on safe-haven yen and wait on the sidelines for better news.

Talk the Bank of Japan may loosen monetary supply sparked some demand for the dollar and allowed for choppy trading that sent the pair in and out of negative territory.

In Asian trading on Monday, USD/JPY was trading at 79.32, down 0.01%, up from a session low of 79.22 and off a high of 79.33.

The pair was likely to find support at 79.22, the earlier low, and resistance at 79.43, Friday's high.

In a report, the Ministry of Finance said that the country�s trade balance fell to a seasonally adjusted -0.98T, from -0.46T in the preceding month whose figure was revised up from -0.47T.

Analysts had expected the trade balance to fall -0.74T last month.

The news sent investors selling Japanese stocks and stocking up on yen.

The Bank of Japan will meet on Oct. 30 to discuss monetary policy, and talk policymakers may take fresh steps to stimulate the economy weakened the yen against its U.S. counterpart at times during the session.

Weak U.S. earnings bolstered the yen as well.

Microsoft reported last week that its third-quarter net income fell 22% to USD4.47 billion, which missed expectations, while revenue fell 8% on year to USD16.01 billion.

General Electric, meanwhile, reported earlier that its third-quarter net income rose 8% to USD3.49 billion, while revenue rose 3% to USD36.35, missing market expectations.

Search giant Google released earnings earlier than planned late Thursday, which sparked confusion, and missed estimates as well.

The company reported revenue of USD14.10 billion, up 45% on year, though net income came to USD2.18 billion, down 20% on year and below expectations.

Fast-food giant McDonald's quarterly earnings fell 3.3% to USD1.46 billion, while revenue was basically flat at USD7.2 billion.

Soft U.S. housing data kept the yen up against the greenback as well.

In a report, the National Association of Realtors said that home sales fell 1.7% to 4.75 million from 4.83 million in August, whose figure was revised up from 4.82 million.

Analysts had expected existing home sales to fall to 4.75 million last month.

---------- Post added at 10:04 PM ---------- Previous post was at 09:50 PM ----------

The U.S. dollar rose to a three-month high against the broadly weaker yen on Monday, after weaker-than-forecast Japanese trade data fuelled expectations for more monetary easing by the Bank of Japan later this month.

USD/JPY hit 79.69 during European morning trade, the pair�s highest since July 12; the pair subsequently consolidated at 79.68, gaining 0.45%.

The pair was likely to find support at 79.20, the session low and resistance at 79.94, the high of July 12.

Earlier Monday, official data showed that Japan posted a JPY558.6 billion trade deficit in September, as exports fell 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

The weak data added to expectations that the BoJ may further increase the size of its asset purchase program at its upcoming policy meeting on October 30.

---------- Post added at 10:11 PM ---------- Previous post was at 10:04 PM ----------

the yen, with USD/JPY up 0.63% to 79.81.

The yen remained under heavy selling pressure after weaker-than-forecast Japanese trade data earlier Monday fuelled expectations for more monetary easing by the BoJ later this month.

Japan posted a JPY558.6 billion trade deficit in September, as exports fell 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

Robi

2012-10-22, 10:08 PM

I think the main purpose of the bulls will be the level of 80.00, approaching it and I'm looking to sell because of it you can try to catch a correction couple today broke two levels of 200 and the sliding resistance of 79.60 (and good for jpy rose).

najmul.djd

2012-10-22, 10:40 PM

usd/jpy technical analysis by using : average directional movement index

adx : 51.8421
+di : 17.5996
-di : 8.1532
timeframe : 1 hour

time : 1900
date : 22.10.2012

raihan8212

2012-10-22, 10:59 PM

The greenback rose to a more than three-month high against the yen, with USD/JPY up 0.64% to 79.83.

The yen remained broadly weaker after poor Japanese trade data earlier Monday fuelled expectations for more monetary easing by the BoJ later this month.

Japan posted a JPY558.6 billion trade deficit in September, as exports fell 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

---------- Post added at 11:27 PM ---------- Previous post was at 11:21 PM ----------

Elsewhere, the greenback rose to a more than three-month high against the yen, with USD/JPY up 0.66% to 79.84.

The yen remained broadly weaker after poor Japanese trade data earlier Monday fuelled expectations for more monetary easing by the Bank of Japan later this month.

Japan posted a JPY558.6 billion trade deficit in September, as exports fell 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

---------- Post added at 11:29 PM ---------- Previous post was at 11:27 PM ----------

The greenback rose to a more than three-month high against the yen, with USD/JPY up 0.63% to 79.81.

The yen remained under heavy selling pressure after weaker-than-forecast Japanese trade data earlier Monday fuelled expectations for more monetary easing by the BoJ later this month.

Japan posted a JPY558.6 billion trade deficit in September, as exports fell 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

Vamos

2012-10-22, 11:35 PM

Most currency pairs are in place, only a couple of the Japanese currency, go to the trend ... and now it seems the USD / JPY has found its ceiling .. there is a very strong consolidation, and maybe there will be some backlash, but still, in general I think we will grow up without any problems about the mark of 80.60 ..:)

Bieela_cute

2012-10-23, 05:09 AM

My most recent comments were that “the USDJPY closed just above 7921 today and focus is higher towards 7967/82 and ultimately the big round figure (80). If the break is ‘for real’, then price should remain above 7794. 7861/96 is support.” The USDJPY has gone straight up since Thursday and formed a JS Thrust (JST) day today. JST days are useful in establishing reference points to trade from, especially at high risk levels (like now) where being bullish feels like chasing. In this case, Monday’s low at 7921 is the pivot. Bu picky with entries…7960 is support. I favor longs into 7960 against 7920 for extension towards 8150.

LEVELS: 7921 7958 7976 8009 8062 8148

tradergalau

2012-10-23, 05:35 AM

USDJPY had broken the resistance level at 79.76 yesterday. Now, I think the up trend on USDJPY still strong enough and will continue today. In my view, USDJPY still has a potential to reach the next resistance level at 80.34 or even higher.
http://i.imgur.com/ZrgJF.gif

romannil

2012-10-23, 09:34 AM

Usd/jpy technical analysis for 23.10.2012 by using : Auto pivot indicator.

resistance 3:80.97
resistance 2:80.47
resistance 1:80.22

pivot point :79.71

support 1:79.46
support 2:78.96
support 3:78.70

raihan8212

2012-10-23, 10:35 AM

The greenback rose to a more than three-month high against the yen, with USD/JPY up 0.63% to 79.81.

The yen remained under heavy selling pressure after weaker-than-forecast Japanese trade data earlier Monday fuelled expectations for more monetary easing by the BoJ later this month.

Japan posted a JPY558.6 billion trade deficit in September, as exports fell 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

---------- Post added at 11:05 AM ---------- Previous post was at 10:35 AM ----------

The dollar softened against the yen on Tuesday as investors bought the Japanese currency amid bottom fishing, ending a sell-off stemming from talk the Bank of Japan will roll out fresh monetary easing measures soon.

In Asian trading on Tuesday, USD/JPY was trading at 79.88, down 0.08%, up from a session low of 79.84 and off a high of 79.99.

The pair was likely to find support at 79.22, Monday's low, and resistance at 80.01, Monday's high.

Japan posted a JPY558.6 billion trade deficit in September, with exports falling 10.3% from the same month last year, the biggest drop since May 2011, two months after Japan�s earthquake disaster.

The numbers sparked talk the Bank of Japan will take fresh steps to stimulate the economy, including fresh monetary easing measures later this month at its next monetary policy meeting, which weakened the yen before bottom fishers brought it back up.

The dollar, meanwhile, traded lower on optimism Spain will seek a bailout.

Spanish Prime Minister Mariano Rajoy's center-right Popular Party increased its majority presence in the prime minister's home region of Galicia, which investors saw as a sign of support for economic policies needed to request a bailout.

Last week, Rajoy said his government felt it was under no pressure to seek a bailout, which pushed the euro down and fueled a wait-and-see mode among many investors.

With voters apparently supportive of Rajoy's austerity policies, investors went long on the euro on sentiments the government may be ready to make asking for a financial lifeline official, which sent the greenback falling globally, including against the safe-haven yen.

Requesting financial assistance would allow Spain to tap the European Central Bank's bond-buying program, which would lower yields in Spanish government debt auctions and ease credit conditions in the country.

ashaab

2012-10-23, 10:59 AM

http://i49.tinypic.com/67i1s9.png

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.50 and key resistance at 81.00. Based upon my chart analysis,I prefer to buying the pair around 79.55 with target 80.75 and stoploss is below 78.60.

hawk jet

2012-10-23, 11:06 AM

http://s5.postimage.org/s4nbx475z/image.gif (http://postimage.org/)
upload picture (http://postimage.org/)

USDJPY’s upward movement extends to as high as 80.00. Support is at 79.50, as long as this level holds, the uptrend could be expected to continue, and next target would be at 80.50 area. On the other side, a breakdown below 79.50 will indicate consolidation of the uptrend is underway, then range trading between 79.30 and 80.00 could be seen

Andra FX

2012-10-23, 11:23 AM

USD/JPY rose during the session on Monday as the Bank of Japan is expected to add to its monetary easing policy in the near future. Because of this, we think that the 80 level is about to give way. Also, it should be noted that the range close that is very highs for the session, and as such we currently wait to see if there is an 80.50 or above daily close.

secret alibi

2012-10-23, 12:59 PM

http://sadpanda.us/images/1228795-A4RY7TF.png
As we can see on H1 chart USDJPY continued
its bullish momentum last week after 2 days
consolidation and hit 79.87 area. The bias
remains bullish in nearest term testing 80.00
area before aiming 80.50 region. USDJPY is
likely in a long-term bottoming process and is
oversold in the medium term time frame,
therefore expect to see a phase of strength
with immediate support is seen around 79.60
area followed by 79.00.

Resistance Level : 80.00, 80.50, 81.20
Support Level : 79.60, 79.00, 78.10
Trading Range : 79.60 – 80.50
Trend : Bullish

sonyole

2012-10-23, 01:15 PM

Simple analysis for the pair USD / JPY, Tuesday, October 23, 2012
Indicators WMA 50 and 100, the time frame 1 H still showing bullish trend. But AO and MACD indicators, have been in the area sell. This shows that, the pair USD / JPY tends to correction down. Price take profit (TP) is realistic 79.60 (pivot). The line resistance 1 observed at 80.08 and support 1 at 79.33. Good luck .............

Bieela_cute

2012-10-23, 01:32 PM

Elliott: exagerated impulse wave up 80.17
Uptrend is still intact in a triangle configuration. It should continue to rally to 80.11 or 80.20 if support around 79.71 hold. After which a pullback to 79.71 - 79.58 zone is possible.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 80.3000
Entry point 79.7000
Elliott 78.6200
Closing 79.9400
Projection 80.1700
Trendline 79.3700
Trendline 79.4200
Supports / Resistances
Res 2 80.4500
Ex-High 79.9600
Res 1 80.2000
Pivot 79.7100
Sup 1 79.4500
Ex-Low 79.2200
Sup 2 78.9600

poly

2012-10-23, 01:35 PM

On the heels of massive Yen rally in summer 2007, later named by main stream press the "unwind of the carry trade",we published an article about anticipated direction of GAP-JOY. For details please see previous writing "Trading Forex- GAP-JOY outlook".

Macintosh

2012-10-23, 02:11 PM

Yes indeed couple went even further to the top, and now op 30 min chart shows that they formed something like a head and shoulders, like trying to break down, but so far just ask ... but still go down if I think 79.40 will be a good support ..

Alex

2012-10-23, 02:45 PM

The couple began yuzhnoyu correction after yesterday's strong growth practicing signal MASD, the end of correction, I expect support around 79.40, on the way to her emptiness + is the closest level from which you can easily make purchases /.

ahmed fakhry

2012-10-23, 03:12 PM

The USD / JPY pair grew up at the Asian session after during the weekend Economy Minister of Japan Mr. Maehara in an interview on the local TV channel Fuji urged monetary authorities for further stimulation of the Japanese economy, warning of possible down****e the credit rating of the country. After the publication of current data of exports volumes of Japan, which significantly reduced to the maximum values of the year due to the earthquake in the country, the yen fell again against its competitors. The fact has reinforced the expectations that the central bank will decide soon to expand the asset purchase program. The exports from Japan in September fell by 10.3% in year to year time frame from the August values of decrease by 5.4%. Also, the report on trade balance for September, where the deficit widened to 980.3 billion yen and did meet the expectations of analysts, was as a further evidence of deterioration of the country economic perspectives. The USD / JPY pair was able to climb to Y79.87 area at the European session.

turabawan8

2012-10-23, 04:44 PM

23/10/2012 USD/JPY Full Detailed ForeCast

Pivot point (level of invalidation): 79.65

Our preference: LONG positions to target with 79.7 to 80.1 and 80.35 in extension.

Alternative scenario: Below 79.65 we expect further downside with 79.4 and 79.1 of the target.

Technical Comments: the RSI is to support further uphill.

hictor23

2012-10-23, 05:10 PM

USD/JPY
buy
Entry :- 79.920
TP1 :- 80.317
TP2 :- 80.716
SL :- 79.128

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

forexking2

2012-10-23, 05:21 PM

Recent break to the level of 79.20 makes us keep our expectations to rise further which aims to test the intraday level of 80.70 initially, and break open the door to further rise towards 81.75 as next major station.

forexking2

2012-10-23, 07:47 PM

The trading range for today is among the key support at 77.50 and key resistance now at 81.00.
The general trend over short term basis is to the upside targeting 87.45 as long as the levels of 75.20

winstead

2012-10-23, 07:51 PM

Upward movement USDJPY extends to as high as 80.00. Support is at 79.50, as long as this level holds, uptrend could be expected to continue, and next target would be at 80.50 area.

amni570

2012-10-23, 08:38 PM

The British Pound had a downward pressure on Wednesday. In the medium term, the pair is showing a correction to the 1.58 level, but it will be difficult to break to the downside the psychological level of 1.60. Now it is not known if the pair continues its uptrend or takes a break until 1.58 support.
At a fundamental level,

Ladenboys

2012-10-23, 09:23 PM

After the rummor that Bank of Japan may stimulate more Easing in next 30th October this pair makes a 70 pips rally in last monday and now trade in strong range of 79.71 to 80 but very much under 80.
If it broken above 80 mark then its possible to see 80.63 mark.

najmul.djd

2012-10-23, 11:45 PM

usd/jpy technical analysis by using : average directional movement index

adx : 17.3058
+di : 15.9794
-di : 17.3338
timeframe : 1 hour

time : 2000
date : 23.10.2012

raihan8212

2012-10-23, 11:58 PM

The U.S. dollar was lower against the yen on Tuesday, easing off a three-month high hit earlier in the session after comments from Japan�s Finance Minister dampened expectations for more monetary easing by the Bank of Japan later this month.

USD/JPY hit 80.01 during European morning trade, the pair�s highest since July 6, before giving back gains to consolidate at 79.77, shedding 0.21%.

The pair was likely to find support at 79.20, the previous session�s low and resistance at 80.02, the high of July 6.

The U.S. dollar broke above the psychologically important JPY80.00 level for the first time in three months earlier in the session, amid growing speculation the Bank of Japan will introduce more monetary easing measures at its next policy meeting on October 30.

But the yen regained strength after Japan�s finance minister Koriki Jojima denied a report saying that the government has asked the BoJ to boost its asset-buying program by JPY20 trillion.

Besides the prospect of further BoJ easing, market players are turning their attention to the Federal Reserve�s policy meeting on Tuesday and Wednesday, after the central bank announced its third round of quantitative easing last month.

The Fed vowed in mid-September to buy an average of USD40 billion of mortgage-backed securities a month until the economy shows significant improvement.

Bieela_cute

2012-10-24, 04:07 AM

Elliott: exagerated impulse wave up 80.17
Decline should be supported around 79.71 - 79.56 zone for rally to above 80.00. A clear break of 79.56 will damage this expected rally.
Warning: End of trend
Technical points
Key point 80.0600
Entry point 79.9700
Elliott 78.6200
Closing 79.8500
Projection 80.0800
Trendline 79.6800
Trendline 80.2100
Supports / Resistances
Res 2 80.1500
Ex-High 80.0100
Res 1 80.0000
Pivot 79.8600
Sup 1 79.7100
Ex-Low 79.7100
Sup 2 79.5600

rahim

2012-10-24, 04:09 AM

in Finance (submitted 2008-04-27)

On the heels of massive Yen rally in summer 2007, later named by main stream press the "unwind of the carry trade",we published an article about anticipated direction of GBP-JPY. For details please see previous writing "Trading Forex- GAP-JOY outlook".
The future outlined there have come to fruition and it's time to take a look next possible moves for this cross.

tradergalau

2012-10-24, 05:11 AM

There was not a significant movement yesterday on USDJPY. This pair only moved around 79.76 level. So, in my view the yesterday's high and low level will be a critical point today.
If USDJPY can break the yesterday's high at 80.00, it will open a chance for USDJPY to continue going up and reach the resistance level at 80.34. But if USDJPY can break the yesterday's low, this pair may makes a correction movement to 79.16 support level.
http://i.imgur.com/Edrdm.gif

nurdiantofxwave

2012-10-24, 08:14 AM

yesterday, price holded by weekly ressistance 1 level (79.73) twice and had formed head n tail. price move in sideways in limited area until now price still move around daily pivot level (79.85). price still have a rise sentiment in this day.

sonyole

2012-10-24, 08:21 AM

Simple analysis of the pair USD / JPY, Wednesday, October 24, 2012.
In time frame 1 H, supertrade and AO indicators have shown the signal will go down. But, WMA 50 and 100 is still in a bullish trend. Conditions such as these show that the pair USD / JPY will undergo sideway, before forming a new trend or a continuing trend. As a recommendation transaction, sell USD / JPY at 79.85 with a target of 79.55 profit (resistance 2). Good luck ............

amni570

2012-10-24, 08:23 AM

Sell USDJPY at 79.85 SL 80.25 TP 79.45

romannil

2012-10-24, 09:41 AM

Usd/jpy technical analysis for 24.10.2012 by using : Auto pivot indicator.

resistance 3:80.32
resistance 2:80.17
resistance 1:80.01

pivot point :79.86

support 1:79.69
support 2:79.54
support 3:79.38

forexking2

2012-10-24, 11:42 AM

The pair stabilized trading near the level of 80.00, and that's what makes us pay attention to the possibility that the offer price a surprising turn downward in the trades, where he finds it difficult to complete the term upward path intraday, along with negative offered by stochastic.

ashaab

2012-10-24, 11:51 AM

http://i46.tinypic.com/2e4d7b5.png

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.50 and key resistance at 81.00. Based upon my chart analysis, I prefer to buying the pair around 79.55 with target 80.75 and stoploss is below 78.60.

lulu50

2012-10-24, 01:47 PM

the pair is solowly mving upwords and its advancing to the best in these market, to understand these you can just use MADC AND you can use RSI to analyse these market to make sure that its right to understand these . thre are a lot of speculation that it could be going down, but thats not true and its genuinly not going down.

alskndry

2012-10-24, 02:21 PM

Bieela_cute

2012-10-24, 03:21 PM

The USDJPY has gone straight up since Thursday and formed a JS Thrust (JST) day MOnday. JST days are useful in establishing reference points to trade from, especially at high risk levels (like now) where being bullish feels like chasing.

Forex Trading Strategy Implications: Market risk is higher against 7921 towards 8150. If 7921 fails to hold, then the break that everyone is waiting for isn’t underway yet.

LEVELS: 7921 7958 7976 8009 8062 8148

ahmed fakhry

2012-10-24, 03:40 PM

The yen rose against most major currencies, as some of American companies’ earnings reports showed that the financial results were below analysts' estimates, adding evidence that the global economy is slowing down. The issue damaged an appetite to risks.

Emma

2012-10-24, 03:59 PM

The couple began a slow decline, going down noticeably formation northern fractals, as the course has already entrenched below the moving alligator, a 4 hour chart MASD showed a sell signal, I expect downward momentum.

raihan8212

2012-10-24, 05:01 PM

The U.S. dollar slipped to a two-day low against the yen on Wednesday, after a string of weak data out of the euro zone reinforced concerns over the outlook for global growth, but losses were limited by encouraging data out of China.

USD/JPY hit 79.69 during European morning trade, the pair�s lowest since Monday; the pair subsequently consolidated at 79.76, slipping 0.11%.

The pair was likely to find support at 79.20, Monday�s low and resistance at 79.91, the session high.

Safe haven demand was boosted after data showed that the flash euro zone manufacturing purchasing managers� index fell to 45.3 in October from a final reading of 46.1 in September. Analysts had expected the index to ease up to 46.6 in October.

A separate report showed that the euro zone�s service�s PMI inched up to 46.2 in October from 46.1 last month.

Germany�s flash manufacturing PMI fell to 45.7 in October, from a final reading of 47.4 in September, adding to concerns over the euro zone�s largest economy.

Elsewhere, a report by German research institute Ifo showed that its business climate index fell to100.0 in October, the lowest level since March 2010, from a reading of 101.4 in September.

The dollar remained supported after a report earlier showed that China's HSBC manufacturing PMI improved to 49.1 in October, compared with a final reading of 47.9 in September.

The yen remained under pressure amid speculation that the Bank of Japan may ease monetary policy further at its upcoming policy meeting on October 30.

secret alibi

2012-10-24, 07:46 PM

Buy : 79.50, 79.25
TP : 79.79
Stoploss : 79.00

Sell : 80.10, 80.25
TP : 79.60
TP : 79.60

Resistant : 80.13, 80.29
Support : 79.69, 79.55
Range : 79.20 - 80.20

umaira

2012-10-24, 07:50 PM

USD/JPY Rate of Change (ROC)

ROC (Rate of Change) is a pure momentum oscillator that measures the percent change in price from one period to the next. The ROC indicator compares the current price with the price N periods ago. Readings below 0 may be used as buy signals, and readings above o may be used as sell signals. The number itself shows how strong the trend is. Using ROC will assist you in trading the USD/JPY pair.

winstead

2012-10-24, 08:26 PM

Immediate support around 79.50 followed by 79.00. On the contrary, we need a clear break and daily close above 80.00 to continue the bullish trend test 80.50 or higher.

hodhod2000

2012-10-24, 10:23 PM

Intraday bias in USD/JPY remains neutral and some more consolidations could be seen below 80.00 temporary top. But downside of retreat should be contained above 78.86 support and bring another rally. Above 80 will target 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65) next

najmul.djd

2012-10-24, 11:20 PM

usd/jpy technical analysis by using : average directional movement index

adx : 10.8935
+di : 13.4402
-di : 14.1577
timeframe : 1 hour

time : 2000
date : 24.10.2012

Bieela_cute

2012-10-25, 03:54 AM

Elliott: correction zigzag 79.48
It is likely to fall towards 79.75 - 79.69 as its corrective rally could falter in 79.87 - 79.92 area. Stop above 80.04 zone.
Technical points
Key point 79.8000
Entry point 79.8400
Elliott 80.0100
Closing 79.8100
Projection 79.4800
Trendline 79.9300
Trendline 79.8400
Supports / Resistances
Res 2 80.0400
Ex-High 79.9300
Res 1 79.9200
Pivot 79.8100
Sup 1 79.6900
Ex-Low 79.6900
Sup 2 79.5700

nurdiantofxwave

2012-10-25, 07:14 AM

Price retrace up from weekly ressistance 1 level (79.73). Now price trying to break daily ressistance 1 level (79.91). If positif sentiment still occur in this day, price can go up strong until make a new highest price in this week.

sonyole

2012-10-25, 08:08 AM

Simple analysis of the pair USD / JPY, Thursday, October 25, 2012
AO and the MACD on the time frame 1 H still is in the area buy, while WMA 50 and 100 are coincident. This suggests that the most likely pair USD / JPY will undergo sideway on time frame. Transactions sell safer than buy, the first destination at 79.79 (pivot). Good luck .................

ispgamer

2012-10-25, 09:38 AM

If I see the yesterday movement of USDJPY, this pair only moved in small range. So, the yesterday's high and low will be a critical point. If USDJPY can break the yesterday's high at 79.92, this pair may goes up to the resistance level at 80.34. But if USDJPY can break the yesterday's low at 79.68, this pair may falls to the support level at 79.16

romannil

2012-10-25, 09:42 AM

Usd/jpy technical analysis for 25.10.2012 by using : Auto pivot point .

resistance 3:80.19
resistance 2:80.07
resistance 1:79.94

pivot point :79.81

support 1:79.68
support 2:79.56
support 3:79.43

ashaab

2012-10-25, 11:06 AM

http://i46.tinypic.com/5y96rn.png

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.60 and key resistance at 81.50. Based upon my chart analysis, I prefer to buying the pair around 79.80 with target 81.50 and stoploss is below 78.60.

Hammersonic

2012-10-25, 12:54 PM

http://sadpanda.us/images/1230226-MWBM9AP.png

The movement of USD / JPY today is expected to occur breakout from sideway area from 79.69 to 79.95. With the U.S. Dollar which tends to be favored, then the chances of a break-larger high. With the increase in the target logical USD / JPY today would be possible to reach the area above the level of 80.00 yen to the range of resistance that formed the area from 80.21 to 80.55.
While the potential for movement down the USD / JPY only be indicated if the movement could fall through the lower area of the lower-sideway 79.69, the target reduction in the USD / JPY is the next area of support in the range of 79.40 -79.17.

turabawan8

2012-10-25, 01:51 PM

Majors Daily Forecast 25 October 2012

USD/JPY

Trading range: 79.80 - 80.75

Trend: Upward

Buy at 79.93 SL 79.61 TP 80.65

ahmed fakhry

2012-10-25, 04:59 PM

The USD/JPY pair had a very quiet session on Wednesday as we essentially went nowhere by the end of the day. We currently hover around the 79.75 level, just under the all-important 80 handle. If the 80 handle gives way to the buyers, this market could begin to accelerate to the upside.After all, this area has been massive resistance over the months recently, and as such we think that would signify acceleration of buying.
However, we think this extends to a zone all the way up to 80.50 or so. Because of that, we would be a little cautious at first, but once we made new high we would be more willing to press the accelerator down in order to take advantage of what should be a relatively strong move. As for selling, if we see some type of bearish action in this general vicinity, we are more than willing to start selling as well as we think it would simply be a return to the consolidation area going all the way down to the 77.50.

---------- Post added at 11:29 AM ---------- Previous post was at 11:27 AM ----------

The USD/JPY pair had a very quiet session on Wednesday as we essentially went nowhere by the end of the day. We currently hover around the 79.75 level, just under the all-important 80 handle. If the 80 handle gives way to the buyers, this market could begin to accelerate to the upside.After all, this area has been massive resistance over the months recently, and as such we think that would signify acceleration of buying.
However, we think this extends to a zone all the way up to 80.50 or so. Because of that, we would be a little cautious at first, but once we made new high we would be more willing to press the accelerator down in order to take advantage of what should be a relatively strong move. As for selling, if we see some type of bearish action in this general vicinity, we are more than willing to start selling as well as we think it would simply be a return to the consolidation area going all the way down to the 77.50.

winstead

2012-10-25, 07:38 PM

USDJPY continued it's bullish momentum earlier today slips over 80.00. The bias remains bullish in nearest term testing 80.50 or higher.

raihan8212

2012-10-25, 10:31 PM

The U.S. dollar was hovering close to a four-month high against the yen on Thursday, amid speculation over more easing by the Bank of Japan, but remained weaker against the pound following stronger-than-expected U.K. economic growth data earlier in the day.

In U.S. morning trade, the dollar was hovering close to a four-month high against the yen, with USD/JPY up 0.44% to 80.15.

The yen remained under broad selling pressure amid mounting speculation over the possibility of more easing by the BoJ at its upcoming policy meeting on October 30.

In the U.S., official data showed that durable goods orders, which include transportation items, jumped by a seasonally adjusted 9.9% in September, compared to expectations for a 7.1% gain.

Excluding volatile transportation items durable goods orders rose by a seasonally adjusted 2.0% last month, beating expectations for a 0.8% gain.

Separately, the Labor Department said the number of people who filed for unemployment assistance in the U.S. last week fell to 369,000, from 392,000 the previous week, compared to expectations for a decrease to 370,000.

najmul.djd

2012-10-25, 11:07 PM

usd/jpy technical analysis by using : average directional movement index

adx : 49.7561
+di : 22.4336
-di : 15.7921
timeframe : 1 hour

time : 1900
date : 25.10.2012

hodhod2000

2012-10-25, 11:59 PM

USD/JPY's rally resumed after brief consolidations and reaches as high as 80.23 so far. Intraday bias is back on the upside for 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65) next. Sustained break there will open the way for 84.17 resistance next.

Bieela_cute

2012-10-26, 05:04 AM

The USDJPY rallied after consolidating for 2 days. To review, price formed a “JS Thrust (JST) day Monday. JST days are useful in establishing reference points to trade from, especially at high risk levels (like now) where being bullish feels like chasing. The last 4 bullish breakout bars (daily) are Monday, 8/16, 6/21, and 2/9. The only one that worked was 2/9 although it worked amazingly. This is why 7920 is so important.” Levels to keep an eye on moving forward are 8064 and 8150.

FOREXTrading Strategy Implications: Market risk is higher but still against 7921. One cannot dismiss a drop below 7969 before bullish continuation as per near term wave structure.

LEVELS: 7886 7921 7969 8065 8100 8148

nurdiantofxwave

2012-10-26, 07:35 AM

USD/JPY continued strenghthening position since yesterday. Price success break up weekly ressistance 2 level (80.17). Trend for medium and long term also look up. this can add support for price to go up again in this day. Signal stochastic in tf h1 and m 30 also shown in oversold area, so price predicted will rise strong.

raihan8212

2012-10-26, 07:56 AM

The U.S. Dollar was lower against the Japanese Yen on Thursday.

USD/JPY was trading at 80.27, down 0.04% at time of writing.

The pair was likely to find support at 79.22, Monday�s low, and resistance at 80.38, today�s high.

romannil

2012-10-26, 09:43 AM

Usd/jpy technical analysis for 26.10.2012 by using : Auto pivot indicator.

resistance 3:81.13
resistance 2:80.75
resistance 1:80.53

pivot point :80.14

support 1:79.92
support 2:79.53
support 3:79.31

Andra FX

2012-10-26, 09:47 AM

The movement of USD / JPY today is expected to occur breakout from sideway area from 79.69 to 79.95. With the U.S. Dollar which tends to be favored, then the chances of a break-larger high. With the increase in the target logical USD / JPY today would be possible to reach the area above the level of 80.00 yen to the range of resistance that formed the area from 80.21 to 80.55.
While the potential for movement down the USD / JPY only be indicated if the movement could fall through the lower area of the lower-sideway 79.69, the target reduction in the USD / JPY is the next area of support in the range of 79.40 -79.17

adikutta

2012-10-26, 10:28 AM

USDJPY continued it's bullish
momentum earlier today slips
over 80.00. The bias remains
bullish in nearest term testing
80.50 or higher.

ahmed fakhry

2012-10-26, 10:51 AM

The USD / JPY pair rose to a new high of Y80.20 during the European session. The yen weakened against all major currencies in anticipation of the next meeting of the Bank of Japan, which will take place next week. The weak economic data from the country put pressure on the Bank of Japan, which at the upcoming meeting will likely to reduce the economic outlook and may announce further easing of its monetary politics. The government of Japan plans to add about 200 billion yen ($ 2.5 billion) in economy, without going into the details of the source of these funds.

hodhod2000

2012-10-26, 11:42 AM

The trading range for today is among key support at 77.60 and key resistance now at 81.50.
The general trend over short term basis is to the upside targeting 87.45 as far as areas of 75.20 remain intact.

alskndry

2012-10-26, 11:47 AM

USDJPY has touched the 80.31 resistance level and it seems will be rejected by that resistance. But, I think the up trend still strong enough. If USDJPY can break that resistance level, I expect this pair will continue going up more higher and the next target is at around 80.86 resistance level

raihan8212

2012-10-26, 12:39 PM

The U.S. Dollar was lower against the Japanese Yen on Friday.

USD/JPY was trading at 80.04, down 0.32% at time of writing.

The pair was likely to find support at 79.22, Monday�s low, and resistance at 80.38, Thursday�s high.

great white

2012-10-26, 02:01 PM

USDJPY’s upward movement extends to as high as 80.37.
Further rise is still possible after a minor consolidation, and next target would be at 81.00 area.
Support level is now at 80.00, as long as this level holds, the uptrend will continue.

turabawan8

2012-10-26, 02:42 PM

Majors Daily Forecast 26 October 2012

Trading range: 80.30 - 79.40

Trend: Downward

Sell at 80.19 SL 80.51 TP 79.47

Alex

2012-10-26, 03:28 PM

Couple entered the southern correctional stage next strong level of support from which to catch a turn to the north-79.70, as long as the pair is better to watch, just consider selling the pair will manage to overcome 79.70.

Jobs

2012-10-26, 03:35 PM

Yes endorse the continuation of the northern movement .. in my pair very well entrenched above break of 79.65, having formed in the same very clear support ... so I think the growth will continue to around 80.55 ... :)))

turabawan8

2012-10-26, 05:02 PM

EUR/USD keeps the red after Spanish data

he single currency remained apathetic after the unemployment in Spain climbed to a new record high at 25%, a hair below esteimates at 25.1%, but higher than the previous 24.63%, confirming that the labor market in the Mediterranean country is farther from the slightest sign of improvement. The gloomy data couples with the drop in the French Consumer Confidence index to 84 in October from 85

Next on tap will be the US GDP Annualized for the third quarter. Prior surveys expect the American economy to grow 1.9% vs +1.3% previous. The Reuters/Michigan Consumer Sentiment index will follow, with consensus calling for 83

Bieela_cute

2012-10-26, 05:17 PM

Elliott: extended impulse wave up 80.81
Current rise seems to be over near 80.32 or 80.50 for a retracement towards 80.14 - 80.04 area.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 80.5400
Entry point 80.1000
Elliott 79.6900
Closing 80.3000
Projection 80.6700
Trendline 79.7700
Trendline 79.8500
Supports / Resistances
Res 2 80.7100
Ex-High 80.3400
Res 1 80.5000
Pivot 80.1400
Sup 1 79.9300
Ex-Low 79.7700
Sup 2 79.5700

ashaab

2012-10-26, 05:35 PM

http://i50.tinypic.com/357ew07.gif

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.60 and key resistance at 81.50. Based upon my chart analysis, I prefer to buying the pair around 79.65 with targets 80.50 then 81.50 and stoploss is below 78.60.

hawk jet

2012-10-26, 06:37 PM

http://s5.postimage.org/qla0sjo07/image.gif (http://postimage.org/)
upload (http://postimage.org/)

The USD/JPY pair shot straight up during the session on Thursday as the bullishness in this market continues. In fact, it is the first time that we have closed over the 80 handle and quite some time. This is a significant break out, and if we can get above the 80.50 level, we would have a clear path all the way to the 84 level.

hodhod2000

2012-10-26, 07:30 PM

winstead

2012-10-26, 07:39 PM

USDJPY bullish gone up significantly without much retracement. After rising nearly 190 pips, the price is now experiencing a little setback. I estimate that this decline could be halted at around 79.50.

najmul.djd

2012-10-26, 10:32 PM

usd/jpy technical analysis by using : average directional movement index

adx : 29.5442
+di : 15.9604
-di : 25.9729
timeframe : 1 hour

time : 1900
date : 26.10.2012

Bieela_cute

2012-10-28, 05:00 AM

USDJPY next week

Elliott: elongated flat correction up 80.11
Should test support at 79.09 while below 79.61. If support at 79.09 holds it can rise up to 80.26, if not it should fall to below 78.57 zone.
Warning: End of trend
Technical points
Key point 79.8200
Entry point 79.6400
Elliott 77.4400
Closing 79.6100
Projection 80.3200
Trendline 79.1100
Trendline 80.1000
Supports / Resistances
Res 2 80.9000
Ex-High 80.3800
Res 1 80.2600
Pivot 79.7400
Sup 1 79.0900
Ex-Low 79.2200
Sup 2 78.5700

Vamos

2012-10-28, 01:51 PM

On the hourly chart shows that the level of 79.70 still broke .... then had a small pullback and the couple began to walk back down .... but I think it is simply just a deeper correction and the price should stop at 79.40, and then resume the trend in the north ..

mdjoy16

2012-10-28, 02:48 PM

Today,Initial support is located at 80.00 (Big figure support) followed by 79.57 (May 5 low). Initial resistance is now at 81.33 (Jun 2 high) followed by 81.77 (May 19 high) good like forex forum indian

hazem ahmed mohamed

2012-10-28, 03:53 PM

we have a resistance level on the daily chart @38.2% so i predict that USDJPY will move downward on the short term and i suggest selling this pair now our target point will be@23.6%.

tradergalau

2012-10-29, 04:57 AM

USDJPY bearish. When market open, price gap below 79.70, it view that buyer is not in to the market, posible continue bearish again till 79.40, and if break easy, 79.00 will be the target. Beside that, if 80.18 hit. Bull power will be back.http://i.imgur.com/eSlJe.gif

Bieela_cute

2012-10-29, 05:11 AM

Elliott: extension wave down 79.10
There is bearish potential for a fall to 79.28 while 79.83 - 80.00 resist. After this fall a recovery up to 80.00 or 80.16 is expected.
Warning: Low Zone - Engulfing pattern
Technical points
Key point 79.2900
Entry point 79.8300
Elliott 80.3800
Closing 79.6100
Projection 79.2700
Trendline 80.0000
Trendline 80.0000
Supports / Resistances
Res 2 80.7100
Ex-High 80.3800
Res 1 80.1600
Pivot 79.8300
Sup 1 79.2800
Ex-Low 79.5000
Sup 2 78.9500

romannil

2012-10-29, 06:58 AM

Usd/jpy technical analysis for 29.10.2012 by using : Auto pivot indicator.

resistance 3:81.10
resistance 2:80.75
resistance 1:80.20

pivot point :79.85

support 1:79.30
support 2:78.94
support 3:78.39

raihan8212

2012-10-29, 08:12 AM

The U.S. Dollar was higher against the Japanese Yen on Sunday.

USD/JPY was trading at 79.67, up 0.03% at time of writing.

The pair was likely to find support at 79.50, Friday�s low, and resistance at 80.38, Thursday�s high.

ashaab

2012-10-29, 11:12 AM

http://i45.tinypic.com/2lx6khi.png

The short term trend of the pair is to the upside. Intraweek trading range of the pair is expected among key support at 78.20 and key resistance at 81.50. Based upon my chart analysis, I prefer to buying the pair around 79.50 with target 81.05 and stoploss is below 78.50 for this week.

forexking2

2012-10-29, 12:00 PM

Expected trading range for this week between: Support 78.80 Resistance 81.80
General tendency is expected for this week: UP

khoiri

2012-10-29, 12:32 PM

currently I use this because when we were there was something else in my job where the more secure and pergerakanya passable. and I more often successful than unsuccessful

sonyole

2012-10-29, 01:17 PM

Simple analysis of the pair USD / JPY, Monday, October 29, 2012.
Based on the indicators that occur in H1 time frame, namely:
1. WMA 50 and 100 are cross to come down.
2. AO is the buy area, but there have been blue to red color change.
3. CCI has been in the area of cross MACD sell.
So there is most likely pair USD / JPY will experience the down trend. As the first destination at 79.29 (support 1), and the second destination is 78.95 (support 2). Good luck ....

nurdiantofxwave

2012-10-29, 01:18 PM

At friday ago, usd/jpy under pressure and fell down until back to thursday's lowerest level. And now, price still continuing down movement. If this condition can not stop, price predicted will get a new support level for this week. But long term trend showing sideways, so there is a chance for price to move up.

mdjoy50

2012-10-29, 01:23 PM

Today,Initial support is located at 80.00 (Big figure support) followed by 79.57 (May 5 low). Initial resistance is now at 81.33 (Jun 2 high) followed by 81.77 (May 19 high) good like forex

forexking2

2012-10-29, 01:30 PM

The pair bounced trading with the opening of trading today and the week to close price re-test levels between 79.60 - 79.20

turabawan8

2012-10-29, 02:02 PM

Majors Daily Forecast 29 October 2012

Trading range: 79.85 - 78.95

Trend: Downward

Sell at 79.74 SL 80.06 TP 79.02

Alex

2012-10-29, 02:57 PM

Great deal to sell can get on usd / jpy, the couple began to form a new south trend on the hourly chart resistance 79.72, significantly above which is my stop, at the break of 200 moving selling more.

hodhod2000

2012-10-29, 03:41 PM

Intraday bias in USD/JPY remains neural for the moment as consolidation fro 80.37 continues. At this point, we'd still expect support from 38.2% retracement of 77.93 to 80.37 at 79.43, at least on first attempt, and bring recovery. And, Overall, near term outlook remains bullish and rise form 77.13 is expected to resume later to 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65). Sustained break there will open the way for 84.17 resistance next.

forexking2

2012-10-29, 04:12 PM

Price stability over the last level we continue in our expectations for the bullish intraday direction that targets levels of 80.70 and 81.70, with reference to the break 79.20 and then 78.80 the price will return to the downward path again

Emma

2012-10-29, 04:14 PM

Also hold a short position, the pair met with resistance in the sliding alligator, also significantly consolidate three northern fractals, 4 hour chart there was a break and a change of trend in the south, reducing the wait.

hictor23

2012-10-29, 04:25 PM

USD/JPY
SELL
Entry :- 79.650
TP1 :- 79.205
TP2 :- 78.761
SL :- 80.544

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

new-FX

2012-10-29, 04:53 PM

http://img405.imageshack.us/img405/934/imagepk.gif

The pair bounced trading USD / JPY with the opening of trading today and the week to close price re-test levels between 79.60 - 79.20

Price stability over the last level we continue in our expectations for the bullish intraday direction that targets levels of 80.70 and 81.70, with reference to the break 79.20 and then 78.80 the price will return to the downward path again.

yousef3elwan

2012-10-29, 05:05 PM

I think break all time low which 78.88

ahmed fakhry

2012-10-29, 05:18 PM

Extended its gains from Friday despite speculation that the BOJ will add more stimulus at their policy meeting on Tuesday. JPY is lifted by demand for its refuge status as the outlook for the global economy darkens. The JPY was up (0.23%) against its major peers.

winstead

2012-10-29, 06:53 PM

Technically, the movement USDJPY traded over the weekend to hold above 79.40 levels with the highest attainment at level 80.38.

Robi

2012-10-29, 09:01 PM

Pair tested again today but as a support level of 200 Rolling, and from it is renewed like the northern trend, hold a long position, wait until the approach to a maximum of 80.30.

hoshey

2012-10-29, 09:02 PM

Anyways i was think it gonna go up when it was around 80 and now it touch 80.35, i think we can see around 80.70 in coming days

cempetrader

2012-10-29, 09:22 PM

for what it is worth. looks like a short to me. :woo:

5333

hodhod2000

2012-10-29, 09:35 PM

The trading range for today is among key support at 78.80 and key resistance now at 80.50.

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

forexking2

2012-10-29, 10:01 PM

The trading range for today is among the key support at 78.80 and key resistance now at 80.50.
The general trend over short term basis is to the upside targeting 87.45 as long as the levels of 75.20

najmul.djd

2012-10-29, 10:54 PM

usd/jpy technical analysis by using : average directional movement index

adx : 23.7785
+di : 22.0309
-di : 11.7652
timeframe : 1 hour

time : 2000
date : 29.10.2012

tradergalau

2012-10-30, 06:44 AM

USDJPY just moved in small range yesterday and if we look the daily time frame, the yesterday movement form an inside bar candle. So, if USDJPY can break the yesterday's high, USDJPY may goes up to the resistance level at around 80.31. But if USDJPY can break the yesterday's low, this pair will also has broken the support level at 79.76 and has a chance to touch the lower support level at 79.16.http://i.imgur.com/lNRtN.gif

nurdiantofxwave

2012-10-30, 07:09 AM

Yesterday, USD/JPY move contrast at friday ago. Price rise strong after retrace from 79.52. Now, price continuing bullish momment and hold by daily ressistance 1 level (79.91). If this condition still continue, price predicted rise strong and back to friday's ago highest level.

romannil

2012-10-30, 09:30 AM

Usd/jpy technical analysis for 30.10.2012 by using : Auto pivot indicator.

resistance 3:80.28
resistance 2:80.07
resistance 1:79.94

pivot point :79.73

support 1:79.60
support 2:79.39
support 3:79.26

great white

2012-10-30, 09:36 AM

USDJPY is in consolidation of the uptrend from 77.43. Range trading between 79.25 and 80.37 would likely be seen in a couple o days.
Key support is at the lower line of the price channel on 4-hour chart,
only a clear break below the channel support could indicate that the uptrend from 77.43 is complete.

fahim017

2012-10-30, 09:40 AM

It was the lowest point in Japan earthquake. When we saw the price ****ually away mitaken and I do not think that see the future price level 85 in the history of the world. Now we can see some improvements already two levels price 80.16. Updating so hopefully a little more information.

Andra FX

2012-10-30, 11:02 AM

USD / JPY has been moving up ahead of BoJ meeting held today to close to resistance area at 80 yen, which is where the area is a determinant of the direction of the USD / JPY further.
If the resistance area could be penetrated, then the target of the movement up USD / JPY further opportunity to achieve a range of 80.34 area.
Whereas, if the area fails resistance is exceeded, then the movement of USD / JPY next move is more likely to be "Bearish" to reach the area that is lower than the level of 79.69, with a target of achieving a significant reduction in the range of 79.40 -79.16 support area

ashaab

2012-10-30, 12:52 PM

http://i50.tinypic.com/90ruz6.png

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 78.50 and key resistance at 81.05. Based upon my chart analysis, I prefer to buying the pair around 79.50 with target 81.05 and stoploss is below 78.60.

shiva

2012-10-30, 01:06 PM

The pair is working out the Triangle figure. The end of the figure maybe expected at 83.330 (if 80.244 will be broken).

Resistance: 80.244, 83.330, 86.836

Support: 76.535, 73.126, 69.117
http://mail.yandex.ua/message_part/usdjpy.gif?hid=1.8&ids=2300000000865216583&name=usdjpy.gif

sonyole

2012-10-30, 01:09 PM

Simple analysis of the pair USD / JPY, October 30, 2012
In the time frame H1, AO and MACD still in the area sell, while WMA 50 and 100 still shows down trend. This suggests that in the long term, the pair USD / JPY will experience the down trend, although today it is possible correction to the price of 79.71 (pivot). Good luck .....

new-FX

2012-10-30, 01:33 PM

http://img42.imageshack.us/img42/8727/imagerti.gif

Found dollar against the yen good support around 79.50 relied upon to bounce up yesterday but managed to break today while referring to the approach of stochastic price of the acquisition of the positive torque

Positive outlook will continue to exist and are likely, and main targets start at 80.70, while achievable requires stability above 79.20 and more importantly above 78.85

raihan8212

2012-10-30, 02:24 PM

The Bank of Japan boosted the size of its asset-purchase program by JPY11 trillion, in an effort to boost slowing economic activity and to counter the strengthening yen, it announced on Tuesday.

The BoJ boosted the size of its asset purchase program by JPY11 trillion to a total of JPY66 trillion. The asset purchase fund has been its main policy tool since October 2010.

Policy makers kept a separate credit loan program at JPY25 trillion. The BoJ also left its policy interest-rate target unchanged in the current range of zero to 0.1%

Following the decision, the yen was higher against the U.S. dollar, with USD/JPY shedding 0.43% to trade at 79.46.

Meanwhile, Asian stock markets were broadly lower. Japan�s Nikkei 225 Index tumbled 1%, Australia�s ASX/200 Index eased up 0.2%, while Hong Kong's Hang Seng Index fell 0.6%.

hodhod2000

2012-10-30, 02:32 PM

The trading range for today is among key support at 78.50 and key resistance now at 81.05.

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

raihan8212

2012-10-30, 02:33 PM

The firmed against the yen on Tuesday on building talk the Bank of Japan will announce plans to roll out fresh monetary easing measures this week.

In Asian trading on Tuesday, USD/JPY was trading at 79.92, up 0.15%, up from a session low of 79.76 and off a high of 79.93.

The pair was likely to find support at 79.53, Monday's low, and resistance at 80.28, Friday's high.

Talk continues to build the Bank of Japan will bolster its monetary easing program and take further steps to weaken the yen, which sent the dollar gaining early Tuesday.

An announcement should come later in the day.

Trading was subdued, as markets were closed in the U.S. due to the arrival of Hurricane Sandy, which made landfall along the coast of the U.S. state of New Jersey as a powerful post-tropical system wreaking havoc along he heavily populated eastern seaboard.

Alex

2012-10-30, 02:36 PM

There has been a reversal formation forming a "head and shoulders", the last 4 hours candle candle formed absorption and developed it with the momentum forward to my call for sale, the goal may be 78.90.

turabawan8

2012-10-30, 02:58 PM

Majors Daily Forecast 30 October 2012

Trading range: 80.20 - 79.30

Trend: Downward

Sell at 80.08 SL 80.40 TP 79.36

ahmed fakhry

2012-10-30, 03:09 PM

The yen continued to be in demand today and remain high against the U.S. dollar after the rapid strengthening of Friday. The demand for safe haven assets increased today as the reaction on continuation of weakness of the world economy. The Bank of Japan will have a meeting tomorrow where a Japanese program to stimulate the economy would be considered. The USD / JPY pair after trading in the range of Y79.61- 74 fell to the lows of the Y79.52

Emma

2012-10-30, 04:21 PM

Hold a short position, the pair broke through a strong support level 79.50 after which there was a small northern correction and retest of 79.50, still a revolution above this level, as an additional signal to the south is the building below the moving alligator on H4.

forexking2

2012-10-30, 05:04 PM

usd/yen found good support around 79.50 relied upon to bounce up yesterday, while Stochastic indicates the acquisition price of the positive torque ****ually.

hictor23

2012-10-30, 05:14 PM

USD/JPY
BUY
Entry :- 79.760
TP1 :- 80.231
TP2 :- 80.702
SL :- 78.823

Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend

Robi

2012-10-30, 09:22 PM

Yen a few hours ago, there was a retreat from the bottom of the channel, now the pair began to form a new wave of North, the potential for growth there, the course can easily go to the upper boundary of the channel-level 80.00.

hodhod2000

2012-10-30, 09:46 PM

raihan8212

2012-10-30, 10:12 PM

The dollar was also lower against the yen, with USD/JPY down 0.27% to 79.58 after fresh easing steps by the Bank of Japan disappointed market expectations for more aggressive measures.

The BoJ increased the size of its asset purchase program by JPY11 trillion at Tuesday�s policy meeting, amid concerns over the deteriorating economic outlook and growing political pressure to step up measures to combat deflation.

---------- Post added at 10:42 PM ---------- Previous post was at 10:27 PM ----------

The U.S. dollar was broadly lower against its major counterparts and close to a one-week low against the yen on Monday, after easing measures by the Bank of Japan underwhelmed investors, while market sentiment found some support after the initial damage caused Hurricane Sandy appeared to have been less severe than some had feared.

During European afternoon trade, USD/JPY was down 0.35% to 79.52 after fresh easing steps by the BoJ disappointed market expectations for more aggressive measures.

The BoJ increased the size of its asset purchase program by JPY11 trillion at Tuesday�s policy meeting, amid concerns over the deteriorating economic outlook and growing political pressure to step up measures to combat deflation.

najmul.djd

2012-10-30, 10:55 PM

usd/jpy technical analysis by using : average directional movement index

adx : 24.6828
+di : 24.6172
-di : 13.5208
timeframe : 1 hour

time : 1800
date : 30.10.2012

raihan8212

2012-10-31, 06:36 AM

nurdiantofxwave

2012-10-31, 07:08 AM

Usd/jpy starting to show sideways condition after yesterday it could retraced up more than 20 pips. Price still move not far from daily pivot level (79.67). But, price predicted will go down today, because usually, retracement up that occured is first step to back down.

suzonbmw

2012-10-31, 07:23 AM

Yes i agreed with you, that when we history it falling down only. Some 20 yrs back, price was more then 300, around 10 years back price was around 150 and now 80, maybe after 5 yrs price goes to 50.you are right due to japan earth quake its fall many pips..but now we can see little bit improvement near 80.16..and once again this pair at this price level so we expect little bit more improvement.

romannil

2012-10-31, 09:45 AM

Usd/jpy technical analysis for 31.10.2012 by using : Auto pivot indicator.

resistance 3:80.94
resistance 2:80.55
resistance 1:80.07

pivot point :79.67

support 1:79.20
support 2:78.80
support 3:78.33

ashaab

2012-10-31, 11:39 AM

http://i50.tinypic.com/20k39df.png

The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 78.50 and key resistance at 81.05. Based upon my chart analysis, I prefer to buying the pair around 79.50 with target 81.05 and stoploss is below 78.60.

raihan8212

2012-10-31, 01:02 PM

The dollar softened against the yen on Wednesday as investors crept out of the safety of the U.S. currency where they holed up as nasty post-tropical storm Sandy lashed the U.S.

The country was still assessing widespread damage, though many investors who rode out the storm in the safe-harbor greenback sold to play an eventual recovery.

Markets shrugged off a Bank of Japan move to expand its easing program.

In Asian trading on Wednesday, USD/JPY was trading at 79.56, down 0.08%, up from a session low of 79.55 and off a high of 79.68.

The pair was likely to find support at 79.28, Tuesday's low, and resistance at 80.10, Tuesday's high.

Hurricane Sandy morphed into a post-tropical giant and roared ashore along the New Jersey coast on Monday, lashing the heavily populated northeastern U.S. with heavy rains, high winds and a deadly storm surge.

Markets were closed for a second day in the U.S. on Tuesday, though investors who bought dollars prior to the storm's landfall began to loosen up by Asian trading on Wednesday, selling
their dollars to play recovery, which weakened the greenback against its Japanese counterpart.

Meanwhile, the Bank of Japan decided to expand its asset-purchasing program to JPY91 trillion from JPY80 trillion to further stimulate the economy, though investors shrugged off the amount and sold greenbacks in exchange for safe-harbor yen.

new-FX

2012-10-31, 01:27 PM

http://img600.imageshack.us/img600/4066/imagenhn.gif

Trading pair USD / JPY wobbling yesterday with the stability of trading above 79.20
The stochastic is approaching oversold, making us continue our positive expectations in the short term supported by the SMA 50.

Recall targets that start at 80.70 and requires achieved stability above 79.20 and more importantly above 78.85

hodhod2000

2012-10-31, 01:58 PM

The correction from 80.37 could extend lower but we'd expect downside to be contained above 78.86 support (61.8% retracement of 77.93 to 80.37 at 78.86) and bring rally resumption eventually. Above 80.12 minor resistance will extend recent rally from 77.13 through 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65).

yudijoni

2012-10-31, 03:22 PM

In Tuesday's session, but terhadang USDJPY had declined by 38.2% Fibonacci retracement level of the recent upward movement (77.44 - 80.38), which is 79.27. Strong support area resulted USDJPY rose today with the nearest target at 79.98 and 80.38.
http://financeroll.co.id/wp-content/uploads/2012/10/168.png

ahmed fakhry

2012-10-31, 03:26 PM

After the disappointing results of the meeting of the Bank of Japan, where the key interest rates was left unchanged - at the level of 0,0-0,1 %, the yen strengthened against the U.S. dollar. The Central Bank announced the expanding of the program of buying up assets by increasing it by 11 trillion yen (160 billion dollars) - up to 91 trillion yen. This decision was predicted by most economic analysts; however, many investors were expecting more aggressive actions. The USD / JPY pair fell to Y79.27 during announce of the Central bank decision.

raihan8212

2012-10-31, 04:08 PM

The U.S. dollar turned higher against the yen on Wednesday, paring Tuesday�s losses after fresh easing steps by the Bank of Japan disappointed expectations for more aggressive measures.

USD/JPY hit 79.76 during late Asian trade, the session high; the pair subsequently consolidated at 79.75, gaining 0.16%.

The pair was likely to find support at 79.26, Tuesday�s low and a one-week low and resistance at 80.12, Tuesday�s high.

The dollar fell to a one-week low against the yen on Tuesday, after the BoJ increased the size of its asset purchase program by JPY11 trillion, disappointing expectations for stronger easing measures.

The BoJ decision came amid growing concerns over the deteriorating economic outlook and growing political pressure to step up measures to combat deflation.

U.S. markets were preparing to reopen on Wednesday after a two day closure for Hurricane Sandy.

Investors were looking ahead to Chinese manufacturing data on Thursday, as well as Friday�s U.S. nonfarm payrolls report amid concerns over the global economic recovery.