we have a strong resistance level on the daily chart @23.6% i predict that USDJPY will retest this level on the short term we have a good chance to sell this pair after reaching the resistance level .
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we have a strong resistance level on the daily chart @23.6% i predict that USDJPY will retest this level on the short term we have a good chance to sell this pair after reaching the resistance level .
If we look the current candle on H4 time frame, we can see that the current candle is breaking the 78.19 resistance level. Then, if it success and that candle can close above 78.19 level, USDJPY will has a potential to continue going up and reach the next resistance level at 78.61
HI,dear guys,Yes i agreed with you, that when we history it falling down only.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. i think we don't see price in future in 85 level.
Schedule of USD / JPY still maintains bearish and now the pair pulls back to 78.35 resistance and where there is a moving average with a period of 200, so I think should be rebound and movements will come up to the marks ... 77.50
can't wait USDJPY to 76.50..
ready for hold buy..
waiting for intervention
USD / JPY still maintains bearish and now the pair pulls back to 78.35 resistance and where there is a moving average with a period of 200, so I think should be rebound and movements will come up to the marks 77.50
The pair continues to increase, the main target will be the level of resistance 79.20-79.00 think, on the way to it there are no significant obstacles, moving alligator act as strong support levels (Trendline) near to them will do more shopping.
Spoiler:
On the H1 chart, price is above the EMA 12 and EMA 72 d indicates the trend is still up
RSI is above 50 area 50 indicates the trend is still up
Options: BUY
Take profit: 78.61
usd/jpy
The pair arrived yen resistance level for the descending channel in sync with the stochastic entering overbought areas which keeps more of the drop towards support 77.60 and breaking this level for more downside
Support 77.78
Resistance 78.59
Usd/jpy technical analysis for 03.10.2012 by using : Auto pivot indicator.
resistance 3:78.53
resistance 2:78.38
resistance 1:78.27
pivot point :78.12
support 1:78.00
support 2:77.85
support 3:77.74