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USD/JPY market technical analysis
- current price of the pair is 112.50
- market have bearish trend and in sell position
- market resistance and support levels
Resistance levels
R1 112.78
R2 112.92
R3 113.16
Pivot level 112.55
Support levels
S1 112.31
S2 112.17
S3 111.94
Usd/Jpy ki Market Kafii Dinun Se Down Ki Tarf Ho Rahii Hai And Mujhe Lagta Hai Market Down Kia Tarf Ho Satktii Hai
And Mera Jo Andaza Hai Hai Wo Hai Down
main umeed Krta Hun Ap Humarii Es Ray Par Pora Utry Gan
Good Luck
Current rate:112.390
once in the prediction of several indicators for the technical analysis of currency pairs USDJPY on the market today at 112.92 the resistent level , then I recommend you to do the open position SELL with some criteria such as the following. You put a take profit at 112.07 positions. You put a stop loss at 112.92 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 112.92
Resistent2 = 113.04
Resistent3 = 113.17
Support 1 = 112.22
Support 2 = 112.09
Support 3 = 111.97
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
A decline in continuing and initials jobless claims in the US and trade balance data help stocks improve in Europe and also to Wall Street futures that trimmed losses. In the currency market the Yen weakened and turned lower on a moved that it could be also supported by a sharp decline in the Swiss Franc across the board.the pair and as we can see from the chart has closed it's daily candle under the level of 77.00 , so , that's mean the down trend is still standing and the pair is heading to 76.60 then 76.40
Today technical analysis of this pair usd/jpy is bearish trend.
1. Resistance level is.
1st. 112.83
2nd. 113.14
3rd. 113.47
2. Supporting level is.
1st. 112.22
2nd. 111.91
3rd. 111.60
-Current rate of pair is 112.42
-Today's Technical Analysis of the pair USD/JPY shows that the value is going down and is in "SELL" position.
I recommend "SELL" trade.
-Resistance Level 112.66, 112.54
-Support Level 112.14, 112.24
Usd jpy is going for a buy position
Support levels:-
S3 111.66
S2 112.07
S1 112.29
Resistance levels:-
R1 112.7
R2 112.88
R3 113.29
Usd/Jpy:-
Today's signal:- sell
Current price:- 112.361
T.P:- 112.451
S.L:- 112.300
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.
Today's trading session showed that usd was a sell off against the yen, now the pair has baseline support on 1 hour time frame and could definitely show some upward retracement, we are not at oversold so this tells us that we might not have the go ahead to give a buy signal yet, I would probably wait for 78.41 area to buy this pair rather than buy now