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usdjpy pair in strong buying trend now and i prefer for buy the usdjpy at price 112.77 to 113.00 and we set our take profit point at price 113.90 to 114.20 and trader set their stop loss at price 112.50 to 112.55 and trader must understand the usdjpy current positions and trader understand the all usdjpy pair related news and updates and trader follow the market direction and trader first complete their analysis process after that he/she place their order in usdjpy and make good profit their today buying positions
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USD...JPY
techncal analysis usd/jpy
this is a sensitive price rate.
the price usd/jpy buying point is 113.60 and the selling point 113.48
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movement yesterday was UP, but I was too far BUY LIMIT. should I plug in the "SMA 5 HIGH " with the " EMA 8". should profit yesterday, but it does not matter, just think for a lesson. then wait for the price at only 80.40. This seems to be executed, because the prices are very close.
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Failure to pass back double top 80.13, USDJPY seems to be turned down again tried to penetrate the 79.98 level again. The success of penetrating 79.98 then the next target in the near future is the 79.75 level, but if you persist in this area is likely to rebound back to test 80.13 resistance.
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USDJPY yesterday was sideway movement. and now the price has come down and make daily LSMA a strong trending down. then we will focus on looking for the best short positions. has made a new low price, and then seen bouncing, chances are the price will retrace a small. benchmark weekly LSMA still pointing up, but buyer dominance has begun to weaken, because the position of the current price is below the weekly LSMA. if daily LSMA able to make a new low, it will be a weekly LSMA trendning down. could open a sell position today with a stop loss area is around LSMA daily
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today USD/JPY Technical analysis
Resistance 1 113.21
Resistance 2 113.36
Resistance 3 113.47
Support 1 113.14
Support 2 113.04
Support 3 112.95
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This pair is moving on a triangle as shown in the H4 chart , after becoming so close for the 2 trends , the priority here is to beyond or break the newer trend and go along the older one , so i think this pair will continue move down , but i don't like to gamble we just have to wait a little to see which trend will be broken , then we have to decide even if we will buy or sell it will be safer to do that but in my expectation it will go up making a trending up channel
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USD/JPY tumbled around 80 pips lower yesterday after the speech from the FED Chairman Jerome Powell. That move was a bit of an overreaction from the market because it doesn’t mean that the FED will stop hiking interest rates right now or anytime soon.
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Today analysis
Usdjpy
Trend buy
Support level 1: 113.20
Support leve 2: 112.90
Support level 3: 112.60
Resistance level 1: 113.70
Resistance level 2: 113.90
Resistance level 3: 114.20
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my dears ir today of my tachnical analysis is usd jpy sell strong to bullish
Resistance 1 113.21
Resistance 2 113.36
Resistance 3 113.47
Support 1 113.14
Support 2 113.04
Support 3 112.95
