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UsdJpy bullish trend can continue today, now current price at 109.70 and strong support at level 109.50 in hourly time frame. there is possible chance UsdJpy price will move to up side. then next high price is 110.20
I suggest to entry buy with stoploss at 109.35 and take profit at 110.20
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bhai jan usdjpy strong buy hai kun ke yeah up he ja raha hai or je es ne 109.84 ko touch kia hai jahan tak muje lag raha hai tu yeah again 110 ko cross kre ga or umed hai ke yeah 111 tak ese weak main ya phir next weak main tocuh kre ga kun ke up ke movement hi hai ab tak main es ke down ke kam hi chance lag rahe hain agar yeah aj night main 110 ko cross krta hia tu phir paka yeah 111 tak es weak main ya phir next weak main jae ga es liye ap es ko long term main buy kr sakte hain
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i think usdjpy good position for buy
last weak min esne cross kya tha 110 ku or yeah 110.05 tuk gya tha
or muje lug raha hai ki yeah again 110 ko cross kare ga or agar esa hu jata hai tu ab yeah back nh
aye ga balke more up jae ga or yeah phir sedha 111.20 ku touch kr sakata hai es lye muje buy lag raha hi
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UsdJpy bullish trend can continue today, now current price at 109.70 and strong support at level 109.50 in hourly time frame. there is possible chance UsdJpy price will move to up side. then next high price is 110.20
I suggest to entry buy with stoploss at 109.35 and take profit at 110.20
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USD/JPY got through the Tenkan line at 109.35 in yesterday's trade, (the opening hour of Tokyo), and found demand on the pullback from 19.80 highs to 109.57.
The pair was bid up 109.83 early o the day in the London handover with US yields back above 3% whee the price then drifted sideways between 109.60 (dollar weakness) to close 109.72.
The trend highs on the 110 where the 200- D SMA are up for grabs on a US CPI beat, (next stop Nov low & 61.8% at 110.85 - US stocks underpin upside/both DJIA/S&P hold 200-D SMA, target 100-D SMAs).
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The USD/JPY pair gained 0.01% to 109.73. Japan has a light week for data,
although not much is about to change for its economic outlook,
as the Bank of Japan looks set to keep their loose monetary policy.
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The US dollar on Wednesday, May 9, ended trading at J$125.88 up by 33 cents according to the Bank of Jamaica's daily foreign exchange trading summary.
Meanwhile, the Canadian dollar ended trading at J$97.92 up from J$96.50 while the British pound sterling ended trading at J$171.68 up from J$170.29.
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on the balance of payments basis- rose to JPY1190.7 billion ($10.8 billion), above the JPY 1023.1 billion expected and way ahead of February’s JPY188.71 billion. Japan’s overall current account stood in surplus to the tune of JPY3122 billion, again well above expectations. Japan stands as something of a global trade bellwether and any data confirming a robust performance is likely to be welcomed. However, the real trade game is being played out between Beijing and Washington- with talks continuing next week and their looming presence may render all previous trade numbers a little too historic for the market.
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Usd/jpy pair kafi down levels par movement kar choka he aur mere analysis k mutabik ye aj kafi up ho sakta he
Up level ye rahega : 109.80
Focused levels : 109.40
Normally levels. : 109.58
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today usdjpy jump very high and going back touch today again in this month 110.03 before this same month touch 110.05 and back down and touch 109.33 today very fast movement know current 109.47 and going again 110 if today and tomorrow if touch again 110 then going more up so today i think usdjpy is good buying position