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My prediction about USDJPY:
Support Level: S1: 110.60
Resistance Level: R1: 111.03
My signal:
For Long term trader:
^^^^^^^^^^^^^^^^^^^^^ Sell ^^^^^^^^^^^^^^^^^^
For short term trader:
^^^^^^^^^^^^^^^^^^^^ Buy^^^^^^^^^^^^^^^^^^^^^^
Conclusion:
Actually since few days I am getting confused with this pair and i suggest everyone to trade carefully with this pair.
____________________________ The End __________________________
Spoiler:
UsdJpy bullish trend can continue today, now current price at 110.82 and strong support at level 110.62 in hourly time frame. there is possible chance UsdJpy price will move to up side. then next high price is 111.45
I suggest to entry buy with stoploss at 110.50 and take profit at 111.45
यूएसडी / जेपीवाई जोड़ी के लिए। जोड़ी 110.71 पर और 110.90 के शुरुआती स्तर से नीचे कारोबार कर रही है। स्तर 111.00 से ऊपर मैं 111.15 के स्तर को स्तरित करने के लिए हूं और 111.45 हो सकता हूं। यदि हम 110.55 के स्तर से नीचे दक्षिण में जाते हैं, तो 110.36 के स्तर तक और 110.25 हो सकते हैं।
जोड़ी दिन के पिवट और प्रवृत्ति रेखा के स्तर से नीचे व्यापार कर रही है, इसलिए मैं अभी भी दक्षिण में हूं, 110.32 के परीक्षण स्तर की प्रतीक्षा कर रहा हूं
The USD/JPY pair is growing steadily and reached the level of 111.00 due to positive US Monday statistics. Markit Manufacturing PMI rose to 55.4 points in June from 54.6 points a month earlier. ISM Manufacturing PMI increased to 60.2 points in June from 58.7 points in the previous month. However, ISM Prices Paid index fell to 76.8 points in June from 79.5 points a month earlier.
Today, traders will pay attention to May US Factory Orders release.
Current trend
USD is growing against JPY, renewing local highs since May 22, 2018, supported by political problems in EU and ambiguous Japanese macroeconomic statistics. Monday data on Tankan PMI turned out to be controversial. In Q2 2018, Non-Manufacturing PMI grew from 23 to 24 points, while the Large Manufacturing Index fell from 24 to 21 points.
Today the pair is trading in different directions. After renewing the local highs, USD was corrected downward, and at the moment the instrument is near the opening levels. On Tuesday, traders will focus on ISM NY index – Business Conditions and May Factory Orders.
Support and resistance
On the daily chart, Bollinger bands are moderately growing. The price range is widening, but not as fast as the "bullish" mood develops. MACD is growing, keeping a weak buy signal (the histogram is above the signal line). Stochastic reached its highs and is reversing horizontally, reflecting that USD can become overbought in the short term. It is better to wait until the situation is clear.
Resistance levels: 111.11, 111.38, 111.85.
Support levels: 110.47, 110.25, 110.00, 109.76.
Trading tips
Long positions can be opened after the breakout of the level of 111.11 with the targets at 111.50 or 111.85–112.00 and stop loss 110.80–110.70.
Short positions can be opened after the breakdown of the level of 110.47 with the targets at 110.00 or 109.50–109.45 and stop loss not far than 111.00.
Implementation period: 2–3 days.
usd/jpy maximum price 111.44 and minimum 110.22
Support Level 1 : 110.77 Weekly R3 : 110.44 Monthly
Support Level 2 : 110.99 Short term R2 : 110.28 Short term
Support Level 3 : 111.23 Monthly R1 : 110.04 Weekly
**************************** Trend : buy *********************************
Usd/Jpy pair in strong buying and Usd/Jpy pair no chance to move back price level 109.50 to 109.00 and recommend for buy the Usd/Jpy prices below 109.80, 110.10 and 110.40 with adjustment of take profit on prices above 110.90, 111.20 and 111.50 and must set the stop loss on price below 109.70 or 109.40 and must analyze the pair first and follow the right direction of Usd/Jpy and make good profit with Usd/Jpy pair trades.
usdjpy ka trend strong sell ka hay aor usdjpy ki abhi tk ki price movement 110.28 sy 110.61 tk ki howi hay aor Trader usdjpy ko 111.00 ya 111.40 tk ki price sy sell kar sakta hay aor Trader usdjpy ko take profit 109.70 , 109.20 aor 109.00 tk ka laga sakta hay aor Trader usdjpy ko stop loss 111.40 tk ka laga kr trading safe kar sakta hay
usdjpy in buy trend today and i give you usdjpy price movement prices and today support aor resistance level details , see the prices of usdjpy give below ------------------------
Resistance levels: R1: $111.30 R2: $111.50 R3: $111.70.
Support levels: S1: $110.10 S2: $109.90 S3: $109.70.
Quotes of USD/JPY fell to the area of the level of 110.35. Yesterday's positive statistics from the US and today's weak data on the Markit Services PMI are ignored by the market. The decrease of the USD/JPY rate is of a technical nature against the backdrop of fixing profit on long positions. Markit Services PMI in Japan grew to 51.4 points in June against the forecast of 51.6 points (the previous value is 51.0 points).