Usd/Jpy

can notice from the chart that the pair has closed under 77.56 , that's mean the down trend is expected and the pair might head to 76.70 then 76.30 , however the pair made a hourly correction

Today technical analysis of the Usd/Jpy is bullish

Resistance and supporting level is:

Resistance level first: 108.46
Resistance level 2nd : 108.59
Resistance level 3rd: 108.72

Supporting level first: 108.11
Supporting level 2nd: 107.89
Supporting level 3rd:107.76

It is the time to sell now , the pair has corrected its direction because of facing the strong resistance represented in the downtrend line , i think this pair will continue moving down in the downtrend channel shown in the H4 chart , so i think it will be good deal to sell now . Good Luck

USD/JPY

Resistance and Supporting

Resistance 1 - 108.40
Resistance 2 - 108.52
Resistance 3 - 108.78

Supporting 1 - 108.31
Supporting 2 - 108.19
Supporting 3 - 108.01

The Dollar has remained trading on a steady downward trend since peaking at 80.25 last Thursday, retracing all the ground gained after BoJ intervention and extending losses on Wednesday
Despite dlr's brief breach of 76.93 (AUS) to 77.
22 on cross-trading in yen, subsequent strg pull-
back suggests the correction fm y'day's 76.35 low
has possibly ended n downside bias is seen for weak
ness to 76.54 but 76.35 shud remain intact.

Usd jpy is showing bearish trend and it will go down for the day

Signal:- Sell

Support and resistance levels:-

S3 108.08
S2 108.19
S1 108.24

R1 108.34
R2 108.40
R3 108.51

Todays analysis for the pair Usd/jpy.

The trend is showing a bearish movement for this pair.

Sell signal for the hourly time frame.

Support levels:-

S1 108.08
S2 108.19
S3 108.24

Resistance levels:-

R1 108.34
R2 108.40
R3 108.51

the pair is hovering below important resistance at 82.00 ,also approaching to top of the descending channel,and 120 period moving average also,oscillator shows overbought and evreything is prepared fot going short at the market with good risk/reward rathio . my tp is placed at 80.00

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.

Usd jpy.
Now its movement show us bearish way to downward
& have a buy point .it ask now .108.34 . bid . . 108.31
Its opening was at 108.42 . . now at this stage i
realize it has 59 % buy option .so under stood