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this is my analysis for USDJPYpair , hopefully it will be good & understandable and help you to earn good profit in trading
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 110.34 and the pair will continue to go down to the next level level at 110.09
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1. stop loss at the level 1. target take profit at the level 1.
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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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.
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Current trading usd ## Jpy # 110.59
Sell
Resistance level 1 # 110.68
Resistance level 2 # 110.73
Resistance level 3 # 110.78
Support level 1 # 110.55
Support level 2 # 110.52
Support level 3 # 110.48
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analyisis of Usd/Jpy is sell
Resistance and Supporting level is:
Current price is : 110.59
open price is : 110.56
HigH Rate is: 110.61
Low Rate is : 110.51
Resistance 1:110.63
Resistance 2:110.75
Resistance 3:110.87
Supporting 1:110.49
Supporting 2:110.38
Supporting 3:110.27
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Usd/Jpy is currently traded at 110.60 and is strong Bearish. I suggest Sell trade and stop loss must placed at 110.98 take profit at 110.36 price levels.
Support and Resistance levels for this pair are:
First Support: 110.54
Second Support; 110.31
Third Support: 110.18
First Resistance: 110.68
Second Resistance; 110.95
Third Resistance; 111.27
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USD/JPY is StronglyBearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is: 111.32
2> Resistance level is: 111.61
3> Resistance level is: 111.98
Supporting level is
1> Supporting level is: 110.66
2> Supporting level is: 110.29
3> Supporting level is: 110.01
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My dear the technical analysis of this pairs and the trend of this pairs Usd/Jpy is bullish.
The resistance and supporting level of this pairs Usd/Jpy is very success today.
The resistance and supporting level of this pairs is as under.
The resistance level of this pairs.
First. Resistance level is=110.94
Second. Resistance level is=111.32
Third. Resistance level is=111.62
The supporting level of this pairs.
First. Supporting level is=110.24
Second. Supporting level is=110.00
Third. Supporting level is=109.65
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:Usd/Jpy
today currency trend is : sell
Resistance and Supporting level is :
Current price is: 110.75
1> Resistance Level is : 110.90
2>Resistance Level is :111.05
3>Resistance Level is:111.21
Daily supporting level
1> Supporting Level is : 110.62
2>Supporting Level is: 110.50
3>Supporting Level is: 110.35
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"Today i am going to telling you that the technical analysis of ....Usd/Jpy
According to my views markeet has :bullish trend
today resistance and supporting level is:
1,Resistance level is :110.94
2,Resistance level is : 111.09
3,Resistance level is :111.34
Support is :
1,Supporting level is :110.44
2,Supporting level is :110.29
3,Supporting level is :110.04
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
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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.
