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Chart time frame is hour 1 , and i preferred to have some resistance at 111.70 which are the bearish entire positions and sets stop loss at 111.98 now its working to have good take profits which are at 110.88 and second option tp is 110.58. Possible entry and exit point are perfect above to make good profits in usd/jpy.
USD / JPY chart for 03.08.2018
US Dollar vs Japanese Yen 111.16
Price Change (% chg) 0.01 (0.01%)
Closing price, the previous day. 111.66
Opening price. 111.73
The highest price over the last trading day. 111.87
The lowest price over the last trading day 111.13
Price range high in the last 52 weeks 114.72
Price range low in the last 52 weeks 104.65
AUD/USD's Sideways Range Meets Longer-Term Bearish Channel
Despite constant trade war and traditional economic headlines, AUD/USD has been trapped in a tight consolidation range between 0.7300 and 0.7500 for nearly two full months now. This consolidation has taken place within the context of a longer-term downtrend off the high set in early January; the prolonged rangebound trade has resulted in a correction through time rather than the more traditional price correction.
http://i66.tinypic.com/rj4co7.jpg
UsdJpy bullish trend can continue , now current price at 111.25 and strong support at level 111.05 in hourly time frame. there is possible chance UsdJpy price will move to up side. then next high price is 111.75
I suggest to entry buy with stoploss at 110.90 and take profit at 111.75
usd/jpy aj ki price men kafi down ja raha is time ke price 111.18 aur mere analysis k hesab se ye aj ki price men kafi up level tak jaega 112.20 is price tak aur normal price 111.60 ye rahege aj ke
http://i68.tinypic.com/2z7lor4.jpg
UsdJpy bullish trend can continue today, now current price at 111.33 and strong support at level 111.15 in hourly time frame. there is possible chance UsdJpy price will move to up side. then next high price is 111.83
I suggest to entry buy with stoploss at 111.00 and take profit at 111.83
Usd/Jpy today's technical analysis is bullish.
1. Resistance Level: 111.70
2. Resistance Level: 112.15
3. Resistance Level: 112.46
1. Supporting Level: 110.90
2. Supporting Level: 110.59
3. Supporting Level: 110.11
usdjpy pair in buying position today and i prefer for buy the usdjpy pair at price 111.00 to 111.50 and we set our take profit point at price 112.50 to 113.00 and we set our stop loss point at price 110.80 to 110.30 maximum and trader must understand the usdjpy current price movement and trader understand the all usdjpy pair related news and updates and trader follow the right direction of usdjpy then he/she place their order in usdjpy and he/she make good profit with usdjpy buying positions
=============TODAY'S TECHNICAL LEVEL OF USD-JPY ============
Resistance. 1: 112.25. Resistance. 2: 112.45. Resistance. 3: 112.65.
Support. 1: 111.35. Support. 2: 111.15. Support. 3: 110.90.
============USD-JPY MARKET OVER ALL BUY ==============
Usd/Jpy pair in now in strong selling trend and Usd/Jpy pair trading below price level 111.50 it means Usd/Jpy have no more chances to move up prices above 112.30 to 112.80 and i recommend today for sell the Usd/Jpy on prices 111.00, 111.30 and 111.60 with adjustment of take profit below price level 110.70, 110.40 and 110.10 and adjust the stop loss prices prices 111.80 and 112.30 and must analyze the pair first and follow the right trend and make good profit today.