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The Japanese currency has failed to break above 78.80 .. so I think that the bears are preparing next leap to the bottom, the pair started to decline ****ually, but it will wait for another such motion which was last Thursday, assuming that prices may be lower than 78.30. ..
usd/jpy trend is bearish
Today current rate usd/jpy 109.42
1 > R level :109.70
2 > R level : 109.85
3 > R level : 109.99
Supporting Level Is
1 > S level : 109.50
2 > S level :109.30
3 > S level :109.02
e main takeaway that I noticed was the fact that they continue to revise their CPI target lower, which isn’t a sign of strength.
The USD/JPY is pushing higher, currently up 0.33%. The trend is now up so keep watching.
USD/jpy today current rate is 109.465
Ye markeet down ki tarf ja rahi he or ye kafi up hony k bad down ho rahi he or ab mujhy lagta he ye up ki tarf hi movement kry gi 109.756 ko cross kry gi so apko buy ki trade laga deni chahiy ye ap k ley profit able sabit ho gi i hope Meri Ray se apko boht fedha ho ga thanks you...
My dear sir, today my technical analysis for Usd/Jpy market trend is. sell
Resistance and supporting level:
1.Resistance level = 110.30
2.Resistance level = 110.66
3.Resistance level = 110.99
1.Support level = 109.50
2.Support level = 108.99
3.Support level = 108.19
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
yeah my dear.............Bulls showed the first signs of weakness, a break-resistance of 98.30 was false and did not find support in the market, now the pair started to decrease and the MACD formed a sell signal today should be expected to reduce the south and break of support at 97.88, this will open the way up to the 97.00 figure .
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.
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usd/jpy technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 15.08.13
timeframe : 1 hour
time : 0300
market trend : up
adx wilder(14) level
style : 30.06
+di : 9.86
-di : 26.60
adx(14) level
adx : 58.17
+di : 3.97
-di : 26.47
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 Luc