USD / JPY pair fell today strongly as it did yesterday can close above 23 fib levels at 78.51 and return pair today strongly for the drop after touching 23 fib levels are likely to continue to decline until it reaches levels of support at 77.90
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USD / JPY pair fell today strongly as it did yesterday can close above 23 fib levels at 78.51 and return pair today strongly for the drop after touching 23 fib levels are likely to continue to decline until it reaches levels of support at 77.90
http://www.pictureshack.us/thumbs/3230_USDJPY.JPG
USDJPY 1H Time Frame
Price Now Rising Up !! , It Broke Strong Resistance Line On 78.57 we can go on buy deals only , target may be on 79.35
USD / JPY fell pair candle four hours recent very strong from when 50 levels fib until level 23 fib but those who look on the frame four hours you'll find that the parameters of the decline were clear where pair closed candle Shooting star under 50 levels fib prompting the pair to the declinestrong
Call positioning against the yen continued to ****ually increase this week. Traders difficulty Yen For further favor their position because there is a dilemma: the threat of Japanese intervention and QE3 from the FED. buy yen against the dollar on dips or sell rallies USD / JPY is better, but be very careful adding short For each reach level approaching 78. sell rallies in the 79/81 is better.
I could breathe again before taking USDJPY below .... View of a clear signal from the base of the main trends in daily chart of eurjpya revesal and is still low and needs to be the same as GBPJPY
The USD / JPY has started to move - and that's good ....! Are seeing breakdown down and sort of testing occurs at the level of 78.30, so you need to watch carefully when to go on sale with a stop at 78.30 .... and then this is a pair that can take off again on top ....
Intraday bias in USD/JPY remains on the downside for the moment and deeper fall should be seen to 77.90 support first. Break will indicate resumption of whole fall from 84.17 and should target 75.56/76.02 support zone. As noted before, price actions from 77.66 are viewed as a consolidation pattern. In case of recovery, upside should be limited well below 79.03 and bring downside breakout eventually.
The USD / JPY demonstrates the wonders of activity, 2 of the last 3 days the price is sure to go down ... We can say that this contributes to the fall of the dollar, but the pair approached close to the level of 77.70 ... and I think the Americans continue to fall here so take aim at mark of 76.00 ...
as we have a support level on the daily chart@0% so i suggest buying this pair now as i predict that this pair will move upward on the short term our target point will be@23.6%.