Usd/Jpy

Today Usd/Jpy

R1st level 114.10
R2nd level 113.80
R3rd level 113.50

PP Level 113.40

S1st level 113.11
S2nd level 112.90
S3rd level 112.67

Today analysis
usdjpy
Trend buy
Support level 1: 113.00
Support level 2: 112.60
Support level 3: 112.30
Resistance level 1: 113.70
Resistance level 2: 114.00
Resistance level 3: 114.40

Usdjpy today prediction strategy
Strong in sell
Stop loss : 113.90 and 114.20
Take profit. : 112.60 and 112.90
Support level : 111.20 and 111.70
Resistance level : 113.90 and 114.60

USD/JPY's sharp fall today argues that recovery from 78.33 is finished at 78.84. Intraday bias is cautiously on the downside for 78.33 and break will target 77.90 support next. The overall outlook remains unchanged. That is, price actions from 77.66 are either a consolidation pattern that's completed with three waves to 79.65, or is a five wave triangle pattern. In either case, recovery attempt should now be limited well below 79.65 resistance. Break of 77.99 will indicate that fall from 84.17 is finally resuming for 75.56/84.17 support zone.

Daily overview for UsdJpy

The price is finding the first support at 113.27 and the next support is at 113.08 The price is finding the first resistance at 113.72 and the next resistance is at 113.94

--- Trading recommendations for trading : Open Buy ---

I predict price will be continued flying today. The first target is the level 113.86 After fixing below the first target, then price will go to the level of 114.12 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.

Standart Support – Resistance :
Resistent1 : 113.72
Resistent2 : 113.94
Resistent3 : 114.11
Support 1 : 113.27
Support 2 : 113.08
Support 3 : 113.23

Technical analysis of the USD/JPY

Today Trend is : BULLISH

Today Resistance level is:

1> Resistance level is: 113.58
2> Resistance level is: 113.85
3> Resistance level is: 113.92

Today supporting level is:

1> Supporting level is : 113.31
2> Supporting level is : 113.19
3> Supporting level is : 112.92

Take profit is : 113.80

Stop loss is : 113.06

I try to make analysis for usdjpy pair today.
I see this pair still in strong bullish movement . If this pair can break the 113.75 resistance level, I predict this pair will go up to the next resistance level at 114.23 But if this pair go down and break 113.24 support level, I predict this pair will make some correction to the next support level at around 112.72

Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 113.38 and take profit at 114.25
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.

Support & Resistance 30/08/2012

Sup 1 : 78,83
Sup 2 : 78,96
Sup 3 : 79,14

PIVOT : 78,66

Res 1 : 78,52
Res 2 : 78,34
Res 3 : 78,22
The short term trend of the pair is to the upside. Intraday trading range of the pair is expected among key support at 77.30 and key resistance at 79.55. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

Technical Analysis for USD/JPY

Market Trend is : BULLISH


Resistance Level are:-

1= Resistance Level is : 113.65
2= Resistance Level is : 113.78
3= Resistance Level is : 113.86

Supporting Level are:-

1= Supporting Level is : 113.36
2= Supporting Level is : 113.12
3= Supporting Level is : 113.02

Today technical analysis of this pair usd/jpy is strong bearish trend.

1. Resistance level is .
1st. 113.62
2nd. 113.89
3rd. 114.11

2. Supporting level is.
1st. 113.12
2nd. 112.90
3rd. 112.63