The Dollar dropped last week, retracing the whole recovery triggered by BoJ intervention, in Aug 4, to retest 76.30 low, before consolidating below 77.00, building pressure towards 74.00 and 73.00, says Mohammed Isah, analyst at FXTechstrategy.
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The Dollar dropped last week, retracing the whole recovery triggered by BoJ intervention, in Aug 4, to retest 76.30 low, before consolidating below 77.00, building pressure towards 74.00 and 73.00, says Mohammed Isah, analyst at FXTechstrategy.
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
Today Usd/Jpy current rate : 109.710
Today by observing all the routine of the market carefully I have come
To know that the most suitable and the most profitable selling point will be : 109.560
and Today the Most profitable buy point will be : 109.850
I hope you all will follow my signals and you will earn
More MoNey Good luck
KHaN BaLoCH
Ye pair downtrend ke movement par hain par agar ye 80.71 touch hota hai to 81.21 tak jaa sakta hain. Maine 80.66 me sell kiya tha aur 80.12 me closed kar diya.
current price Usd / jpy/ 109.62
resistance level 1/ 109.68
resistance level 2/ 109.71
resistance level 3/ 109.74
support level 1/ 109.58
support level 2/ 109.54
support level 3/ 109.51
USDJPY Today Analysis
PIVOT POINT 109.39
Support 1 109.09
Support 2 108.84
Support 3 108.54
Resistance 1 109.64
Resistance 2 109.93
Resistance 3 110.19
The following data is predicted based on indicators that we use for the currency pair USDJPY today, for today's resistance levels as follows: RI (98.54) R II (98.77) R III (99.95). and to this day support levels as follows: SI (96.52) S II (96.09) S IIII (95.14)
recommendation:
place your sell stop at 97.51 target profit at 97.31 (Seller zones)
place your buy stop at 97.91 profit target at 98.11 (buyer zone)
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
Resistance level and Support level
current trading Usd / jpy= 109.68
Resistance Levels
resistance level 1= 109.74
resistance level 2= 109.77
resistance level 3= 109.81
Support Levels
support level 1= 109.65
support level 2= 109.62
support level 3= 109.58
Technical analyse Usd/jyp
Today current rate Usd/jpy / 109.42
1 > R level : 109.46
2 > R level : 109.51
3 > R level : 109.54
Supporting Level Is
1 > S level : 109.39
2 > S level : 109.36
3 > S level : 109.33