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the U.S. sovereign credit rating downgrade by Standard and Poor’s triggered a strong selloff across global bourses, where investors abandoned risky assets and shifted their investments to the yen, which increased expectations for another intervention from the BOJ.
the previous week saw usdjpy failed to break support at 80.00.
it instead push much higher up to 80.79, but resistance is at 81.03 with indications of reversal at 80.79.
i think usdjpy is still bearish, but a break of 80.79 and then 81.03 would imply otherwise.
80.6 has failed to break it for strong support price and I think that this support price will retest and if the price closes down to it 79.80 we will see the successful landing
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USD/JPY ki market kafi up ho chuki hai and ho sakta hai thora or up ho k fir down ki traf movement kary so humain ak short trade buy ki lagani chahie ye humary lie profitable sabit ho sakti hai and humain stop loss jo hai wo thora close set karna hoga kiun k market kafi up hoii hai to se down bhi kafi hogi so stop loss aj k lie kafi maeny rakhta hai or trader buy ki trade laga k take profit 113.71 set kar le and stop loss 112.80 set kar k trade mehfooz kar len..
My dear Sir today's off technical analysis is USD JPY sell strong to👈👈👈
Resistance level👉👉114.616
Resistance level👉👉114.045
Resistance level👉👉113.710
Supporting level👉👉112.804
Supporting level👉👉111.233
Supporting level👉👉111.564
Today,Initial support is located at 80.00 (Big figure support) followed by 79.57 (May 5 low). Initial resistance is now at 81.33 (Jun 2 high) followed by 81.77 (May 19 high)
Yes i was mitaken, that all time low was generate at the time of japan earth quake, When we see history price keep on falling slowly i think we don't see price in future in 85 level.
My dear Sir today's off technical analysis is USD jpy buy strong to👉👉👉
Resistance level👉👉114.204
Resistance level👉👉113.956
Resistance level👉👉113.824
Supporting level👉👉113.444
Supporting level👉👉113.196
Supporting level👉👉113.064
Usd/Jpy today Technical analysis is bullish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is: 113.98
2> Resistance level is: 114.21
3> Resistance level is: 114.51
Supporting level is
1> Supporting level is: 113.55
2> Supporting level is: 113.29
3> Supporting level is: 113.01
Usd/Jpy Bullish Position Today,s
Current Rate is: 113.86
Resistance 1: 113.99
Resistance 2: 114.25
Resistance 3: 114.61
Support 1: 113.39
Support 2:113.11
Support 3: 112.91